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The Indian government says reports of a DAP shortage are misleading, noting the farm-gate MRP has stayed at Rs 1,350 per bag and subsidy has been increased through two Cabinet decisions. It also cites availability pressure from geopolitical factors and longer shipping routes around the Cape of Good Hope.
Government subsidy support keeps domestic DAP procurement stable, but longer shipping routes and global supply strain still limit import availability and support phosphate prices.
pib.gov.in23 de out. de 2024Após 151 eventos altista de política passados, DAP subiu em mediana +0,0% em 5 sessões (50% de alta; metade central de -0,6% a +0,9%), e +1,9% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
Indian government statement on DAP availability pressure from geopolitics and longer shipping routes, plus subsidy increases, points to strong Indian import demand and tight supply, which supports DAP prices.
The government acknowledged availability pressure from geopolitical factors and longer shipping routes and raised subsidies, which supports import demand and a firmer DAP price, though it also denied a shortage.
