1. India’s DAP Support Keeps Import Demand Firm - but Weather Adds Uncertainty India continues to shield farmers from high international DAP prices through a heavily subsidized domestic market. The government has maintained DAP at an MRP of INR 1,350 per 50 kg bag, while a special provision of INR 3,500/MT has been used to compensate producers and importers for logistics, GST-related costs and reasonable margins. For Kharif 2026, the government further increased the overall b