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India signs DAP fertilizer deal at nearly 40 percent above pre war prices amid supply squeeze
Economy
Published on 13 May 2026
A fertilizer contract jumps far past earlier tender levels
India has contracted diammonium phosphate fertilizer at prices close to 40% higher than pre war levels, blaming Middle East conflict driven supply disruptions and rising global rates. Indian Potash Ltd. agreed to buy about 1.35 million tons of DAP for delivery on both coasts at roughly $930 to $935 per ton, surpassing last week’s 1.2 million ton tender demand.
- DAP prices in the deal are nearly 40% above pre war levels
- Middle East conflict is cited for supply disruptions and global price spikes
- Indian Potash Ltd. contracts 1.35 million tons for both coast deliveries
- The purchase size and price exceed the prior week’s tender terms
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times