Rashtriya Chemicals and Fertilizers (RCF), a leading Indian fertilizer importer, has revealed competitive prices in its 23 January urea tender. The lowest bids were $422/t cfr west coast and $427/t cfr east coast, both submitted by trading firm Indagro. Tight Competition Among Bidders The spread between offers was narrow, with four additional bids in the…
Rashtriya Chemicals and Fertilizers (RCF), a premier public sector fertilizer manufacturer in India, has officially released a tender inviting bids for the supply of 100,000 metric tons of Diammonium Phosphate (DAP). The tender reflects RCF’s dedication to ensuring the availability of high-quality fertilizers to meet the growing agricultural demand ahead of the next sowing season….
Indian fertilizer producer and importer Rashtriya Chemicals and Fertilizers (RCF) has received bids from seven trading firms in its tender for phosphate rock and NPS 20-20-0+13S, which closed today. The bidders include TLI Tradelink, Sun International, Agrifields, Aditya Birla, Indagro, Midgulf International, and Hexagon Fertilizers Asia. The company is reviewing technical offers, and price bids…
India’s fertilizer market witnessed a notable shift this year, with the decline in Di-Ammonium Phosphate (DAP) sales paving the way for increased demand for other fertilizers. Among these, Muriate of Potash (MOP) recorded the highest growth, signaling a significant change in farmers’ preferences. Decline in DAP Sales DAP sales saw a drop of 12.7%, with…
India’s Fertilizer Imports statistics for April to December 2024 reveal a noticeable decline compared to the same period in 2023. The total imports stood at 23.54 million metric tons (MMT), marking a reduction from 25.56 MMT in the previous year. Despite the overall decrease, Paradip Port emerged as the leader, handling the highest import traffic of…
The government’s subsidy expenditure for FY25 is set to surpass budgeted estimates due to higher-than-anticipated costs associated with food, fertilizers, and petroleum. In the current fiscal year, the government had initially allocated ₹3.8 lakh crore for major subsidies. However, multiple factors have pushed this figure upward, with the overall subsidy burden expected to reach approximately…
Brazil Potash Corp. (“Brazil Potash” or the “Company”), a leading developer in Brazil’s potash fertilizer sector, has reached a major milestone. On January 21, 2025, the Company announced a memorandum of understanding (MOU) between its subsidiary, Potássio do Brasil Ltda., and Keytrade AG, a global leader in fertilizer trading. This agreement covers the potential purchase…
The Global Fertilizer Market stabilized in the fourth quarter of 2024. Prices rose slightly by 1% compared to the third quarter but dropped more than 17% year-on-year. This price moderation was supported by ample supplies and steady energy costs, despite trade restrictions in certain regions. Fertilizer input costs, which peaked in 2022-23, have declined significantly….
National Fertilizers Ltd (NFL) is advancing its commitment to renewable energy with plans to set up a 1500 KWp grid-connected rooftop solar PV power plant at its Panipat facility in Haryana. This green initiative aims to reduce the company’s carbon footprint and support India’s clean energy goals. The project is estimated to cost around ₹10…
IFFCO has achieved a remarkable milestone in the financial year 2024-25, recording IFFCO Nano Fertiliser Sales Milestone FY 2024-25 with total sales reaching an impressive 2.80 crore bottles. This includes over 2 crore bottles of IFFCO Nano Urea Plus and 80 lakh bottles of IFFCO Nano DAP. The achievement reflects the growing popularity and effectiveness…
