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India's cabinet approved nutrient-based subsidy rates for phosphatic and potassic fertilizers for 2020-21, with expected spending of Rs 22,186.55 crore. Subsidy rates were cut for nitrogen, phosphorus, potash and sulphur compared with the prior year.
The decision was taken at a Cabinet Committee on Economic Affairs meeting.
Lower Indian subsidies may dampen fertilizer demand or raise farm-level costs for phosphate and potash, a modest bearish signal for fertilizer prices in the near term.
moneycontrol.comPTI2020年4月22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%。
历史可比事件尚不足，暂无法给出历史解读。
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。
