India: IFFCO hikes DAP retail price by $188/t

摘要

IFFCO increased its maximum retail price (MRP) for DAP in India by $188/t to INR38,000/t ($511/t) or INR1,900/50 kilogram bag, according to a 7 April official circular seen by Fertilizer Week. The new IFFCO DAP MRP rate is understood to be INR9,000/t above the highest ever DAP MRP in India before this year, at INR29,000/t in late 2017/early 2018.