Fertiliser prices likely to come down as India secures supplies till Dec

Fertiliser demand usually peaks between April and June for the kharif harvest; between October and December for the rabi sowing season

India has tied up adequate supplies of urea and diammonium phosphate (DAP) until December to meet its kharif and rabi demand this year. This may keep prices in check in the months to come in the domestic and international markets, said a senior government official.

DAP is the second-most consumed fertiliser in India because it contains both nitrogen (N) and phosphorus (P), which are primary macronutrients and part of 18 essential plant nutrients. India is among the world’s largest buyers of fertiliser, besides China, Brazil, and the US, and any spike or drop in demand has a direct bearing on world