Higher subsidy may lift sales of DAP and complex fertilisers
In short
A higher subsidy is expected to help sales of DAP and complex fertilisers. The report says demand was low earlier because DAP was hard to find, complex fertilisers were more expensive, and rabi crop coverage fell.
This matters for farmers and fertiliser sellers because lower prices or better support can improve buying and sales.
What the reporting says
A hike in subsidy is poised to boost sales of DAP and complex fertilisers, while the BusinessLine summary says demand had been weak earlier. It cites availability issues in DAP, higher prices of complex fertilisers and lower demand because of reduced coverage of rabi crops. The reported change could support sales if the subsidy improves affordability and supply.
Why it matters
A higher subsidy is expected to support sales of DAP and complex fertilisers, after earlier weakness in demand. The BusinessLine summary links the slump to DAP availability issues, higher complex fertiliser prices and lower rabi crop coverage.