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Global DAP prices fell to $920 per tonne, nearly 10% below the previous week, after India's fertiliser ministry told companies to stop purchases above that level. The government has tied up supplies for the upcoming kharif season and reported DAP stocks of 3 million tonnes as of April 1, versus 1.8 million a year earlier.
India is the world's largest fertiliser importer, so its purchase cap removes a major bidder and pressures phosphate prices lower. Buyers of feed-related inputs should expect softer phosphate costs in the near term, though the broader fertiliser price level remains high.
timesofindia.indiatimes.comDipak K Dash / TNN / Updated: May 18, 2022, 07:47 IST2022年5月18日在过去 50 次看跌的政策事件之后，DAP 在 5 个交易日内中位数变动 +0.9%（62% 上涨；中间一半区间为 -0.1% 至 +1.6%），20 个交易日内为 +0.9%。
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。
India's cap on DAP purchase prices at $920/t and the roughly 10% weekly drop in global DAP prices point to demand-side price discipline from the largest buyer, a direct driver of the sharp fall.
India's cap on DAP purchases above $920/t pushed global DAP prices down nearly 10% in a week, a major demand-side driver of the decline.
