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India DAP stock decline

India’s DAP Stocks Fall for Fourth Month as Imports Slump and Offtake Remains Strong

The India DAP stock decline extended into January as lower imports failed to match steady demand. Government data confirms this was the fourth consecutive monthly inventory draw. According to Argus estimates, India’s DAP stocks stood just below 1.9 million tonnes at the end of January. Therefore, the India DAP stock Read more

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India Signs Long-Term DAP Fertilizer Deal with Saudi Arabia’s Ma’aden

In a major move to secure its fertilizer supply, India has signed long-term agreements with Saudi Arabia’s Ma’aden to increase the supply of diammonium phosphate (DAP) fertilizer. Three Indian companies—Indian Potash Ltd, Krishak Bharati Cooperative Ltd (Kribhco), and Central Insecticides Limited—inked the agreements during a visit by Union Minister J.P. Read more

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