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Business Standard reports that India's DAP imports from China fell to about 97,000 tonnes in July 2025, per a minister's reply in Parliament. The decline followed China's 2021 inspection requirements, and the minister said APS could partly substitute for DAP.
Lower Chinese DAP imports reduce supply to India and tighten the market, supporting phosphate prices, with APS offering only a partial substitute.
business-standard.comPress Trust of India2025年8月1日在过去 193 次看涨的贸易事件之后，DAP 在 5 个交易日内中位数变动 +0.4%（54% 上涨；中间一半区间为 -0.3% 至 +1.8%），20 个交易日内为 +1.9%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
This report of the same July import collapse, with the minister saying APS can only partly substitute for DAP, reinforces the view that Indian import demand will stay strong and supply short.
Same data on India's sharply lower Chinese DAP imports signals tighter trade flows supporting prices.
