The OMIFCO IPO is attracting investor attention as Oman India Fertiliser Company (OMIFCO) secures a long-term natural gas supply agreement with the Omani government. The contract is expected to strengthen the company’s cost competitiveness and support future expansion plans. OMIFCO IPO Gains from Long-Term Gas Deal The gas supply agreement, Read more
Madras Fertilizers Limited (MFL) has announced a temporary suspension of ammonia and urea production following an equipment breakdown at its manufacturing facility. The Madras Fertilizers production shutdown began on June 15, 2026, and operations are expected to resume on June 23, 2026. The company informed stock exchanges that the emergency Read more
Hormuz phosphate shipments have yet to resume despite the announcement of a US-Iran peace agreement, as shipowners and traders await the formal signing of the deal and further security assurances. Automatic Identification System (AIS) tracking data show that vessel traffic through the Strait of Hormuz has remained largely unchanged since Read more
India is set to receive a major boost to its fertilizer availability as 12 fertilizer ships carrying urea and di-ammonium phosphate (DAP) are expected to transit through the Strait of Hormuz. The development comes as the government assured farmers that sufficient fertilizer stocks are available for the ongoing kharif season. Read more
Kazakhstan is accelerating the development of its coal industry by planning six coal-to-chemicals projects aimed at producing higher-value industrial products, including diesel, metallurgical coke, ammonia, and urea. The initiative forms part of the country’s strategy to leverage its abundant coal reserves and expand its downstream chemical sector. Kazakhstan Launches Three Read more
India has significantly strengthened its fertilizer security over the past 12 years through higher domestic production, strategic imports, and sustained subsidy support. Despite global supply chain disruptions and geopolitical tensions, the Government of India has ensured uninterrupted fertilizer availability for farmers while maintaining affordable retail prices. Domestic Fertilizer Production Reaches Read more
DAP/MAP Market Remains Stable Across Major Regions The global DAP MAP market remained firm during the week ending 15 June 2026, supported by balanced demand and stable supply conditions across key importing and exporting regions. Market participants reported limited price fluctuations despite ongoing geopolitical and trade uncertainties. A major highlight Read more
Global Urea Prices Under Pressure Chinies Urea Exports have reshaped the global fertilizer market, triggering a sharp decline in international urea prices during the week ending 13 June 2026. Increased supply expectations following China’s return to the export market pressured prices across Asia, the Middle East, and the Atlantic Basin. Read more
NFL Urea Bids attracted strong interest from global suppliers, with offers reaching 6.25 million tonnes. National Fertilizers Limited rejected six bids, but the tender outcome strengthened market confidence and supported international urea prices. NFL Urea Bids Set New Price Benchmarks The lowest offer for India’s east coast stood at $444.90 Read more
International Urea Prices remained under pressure during the week ending 6 June 2026, as increased supply availability and cautious buying sentiment weighed on major markets. Traders are closely monitoring India’s National Fertilizers Limited (NFL) import tender scheduled for 8 June, which is expected to set the direction for near-term international Read more
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