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Global DAP prices rise 13% since Apr, may inflate fertiliser subsidy

Financial Express Hyderabad

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May 16, 2025

THE GLOBAL PRICE of diammonium phosphate (DAP), the second most consumed fertilizer after urea, has risen by over 13% since April, to $ 652/tonne at present.

- New Delhi, May 15

THE GLOBAL PRICE of diammonium phosphate (DAP), the second most consumed fertilizer after urea, has risen by over 13% since April, to $ 652/tonne at present. Fertiliser subsidy for FY26 may spike if DAP prices stay elevated in the coming weeks, as the government intends to keep the maximum ret

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