Mangalore Chemicals and Fertilizers Ltd (MCF) has officially announced the Mangalore fertilizer plant resumption after a temporary shutdown. The shutdown, initiated in early September 2024, was necessary to replace the reformer catalyst in both the ammonia and urea plants. In a prior communication dated September 06, 2024, MCF had informed stakeholders of the planned maintenance….
The Indian Farmers Fertiliser Cooperative (IFFCO), one of India’s largest chemical fertilizer manufacturers, has made a significant investment of Rs 638 crore to establish nano fertilizer production plants in Uttar Pradesh. Substantial economic benefits are expected to be brought to the region by this strategic move, with over 600 jobs being created and infrastructure around…
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…
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 2025-26. This is slightly higher…
ICL, a leading global specialty minerals company, has signed a five-year agreement valued at approximately $170 million with AMP Holdings Group Co. Ltd., a prominent agricultural distribution company in China. This agreement, set to run until 2028, aligns with ICL’s strategic goal of expanding its Growing Solutions product range and enhancing its position in key…
The Ministry of Agriculture and Farmers Welfare has introduced key amendments to the Fertilizer (Control) Order, 1985, under the Essential Commodities Act, 1955. Notified on December 13, 2024, these changes aim to improve fertilizer quality monitoring by streamlining sampling, testing, and dispute resolution processes. Simplified Sampling Process The new rules make fertilizer sampling more transparent….
Qatar’s state-owned sulphur producer and marketer, Muntajat/Qatar Energy, has increased the Qatar Sulphur Price (QSP) for September to $125/t FOB Ras Laffan/Mesaieed. This represents a $19/t rise from the August QSP of $106/t FOB, following an uptick in spot market prices. Recent spot tenders from Qatar and Kuwait received multiple bids in the $120s/t FOB…
The Union Cabinet, under the leadership of Prime Minister Shri Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for the upcoming Rabi Season 2024. This important decision, proposed by the Ministry of Chemicals & Fertilizers, ensures that farmers will have access to fertilizers at affordable prices from…
The fertilizer department has proposed a major reform to improve subsidy distribution. It asked the agriculture ministry to create a system using land records, cropping patterns, and soil health data. This system will determine subsidies for farmers and aims to roll out Direct Cash Transfers (DCT). Moreover, a parliamentary panel has expressed its support for…
Russian fertilizer producers are ready to expand supplies to India, aiming to strengthen India-Russia tradeI in agricultural inputs. Andrey Guryev, President of the Russian Fertilizers Producers Association (RFPA), emphasized the need for a free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and India to remove trade barriers. He shared these comments during the 16th…
