India’s IFFCO reduced its official maximum retail prices (MRPs) of DAP, NPK and NPS products on August 15, according to market sources. The company brought down its DAP rate by INR 50 per kilogram bag to INR 1,250 in order to support demand from farmers in the domestic market. IFFCO’s MRP is now INR 25,000/t, down from INR 26,000/t recently.
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