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…
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…
Indian urea sales have maintained a robust trajectory, hitting an estimated 2.3-2.4 million tonnes (mn t) in the first half of January 2025. This follows a record-breaking 5.2mn t of urea sales in December 2024, showcasing sustained domestic offtake. Provisional data suggests that January sales could exceed 4.5mn t, surpassing the 3.54mn t recorded in…
Rama Phosphates Limited has introduced its latest innovation, Girnar UROSUPER (Granular) fertilizer. The company launched this Urea Single Super Phosphate (SSP) fertilizer at its Udaipur unit. It aims to transform farming by delivering essential nutrients like nitrogen, phosphorus, and sulfur, which are critical for boosting crop productivity. Designed for Indian Farmers Girnar UROSUPER offers a…
The global chemical and fertilizer industry, a cornerstone of modern agriculture, is at a critical juncture. Responsible for approximately 7% of worldwide greenhouse gas emissions, the sector faces increasing scrutiny over its environmental impact. Fertilizer manufacturing alone contributes 2-3% of these emissions, primarily due to the energy-intensive ammonia synthesis process. This process consumes an astonishing…
Infrastructure giant Larsen & Toubro (L&T) announced on Wednesday that its heavy engineering division has secured significant orders, classified in the ₹1,000 crore to ₹2,500 crore range, in both domestic and international markets. These contracts highlight the company’s robust presence across various sectors, including energy, petrochemicals, and fertilizers. Expanding Global Footprint L&T’s overseas achievements include:…
In a significant move to stabilize fertilizer prices for farmers, the Indian government extended the additional subsidy on di-ammonium phosphate (DAP) beyond December 31, 2024. This extension aims to maintain the retail price of DAP at ₹1,350 per 50 kg bag. The decision, approved by the Union Cabinet chaired by Prime Minister Narendra Modi, is…
Indian fertilizer Demand is set to grow by 2%-3% in FY25, thanks to a good monsoon, higher crop prices, and expanded farmland. Raw material costs have stabilised after the FY23 spike, and gas prices have eased. While India progresses toward self-sufficiency in Urea, it remains heavily reliant on imports for DAP, which faces reduced availability…
