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HomeNewsOpinionBudget Snapshot: Tight DAP market unlikely to upset government’s fertiliser subsidy calculations

Budget Snapshot: Tight DAP market unlikely to upset government’s fertiliser subsidy calculations

R. Sree Ram   •

Global DAP market is expected to remain in tight equilibrium in near term amid export curbs by China and production outages

With China imposing curbs on fertiliser exports, manufacturing plants seeing production outages and maintenance shutdowns and prices of feedstock, namely ammonia, elevated, the global DAP market is expected to remain in tight equilibrium in the near term

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