The Indian government currently has no proposal to include nano fertilizers under the Production Linked Incentive (PLI) scheme, Minister of State for Chemicals and Fertilizers Anupriya Patel informed the Lok Sabha this week. What is the PLI Scheme? As part of the ‘Atmanirbhar Bharat’ and ‘Make in India’ initiatives, the Read more
The Indian government has allocated Rs 3.71 lakh crore for food and fertiliser subsidies in the 2025-26 financial year. This marks a 0.70% increase compared to the current fiscal year’s estimated spending. Food Subsidy: A Slight Rise For food subsidies, the government has set aside Rs 2.03 lakh crore for Read more
In a major step toward agricultural self-sufficiency, Paradeep Phosphates Ltd. (PPL) and the Government of Odisha signed a Memorandum of Understanding (MoU) to enhance fertilizer production in the state. The signing ceremony, held in Bhubaneswar, was attended by key officials, including Mr. Hemant Sharma, IAS, Additional Chief Secretary, Department of Read more
The Fertilizer Stocks saw a strong rally during the special trading session on Budget 2025 day. This came after Union Finance Minister Nirmala Sitharaman announced plans to set up a new urea plant in Assam. The move, part of the Union Budget 2025-2026, boosted investor confidence, leading to a sharp Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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