FACT (Fertilisers and Chemicals Travancore) issued a FACT Phosphoric Acid Tender for the supply of Phosphoric Acid, with a due date of September 19, 2024. Surprisingly, no bids were received for this critical tender, placing FACT in a challenging position. The FACT Phosphoric Acid Tender was anticipated to attract significant interest due to the rising…
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 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…
KBR has announced that it will provide its advanced ammonia technology for KazAzot’s first world-scale fertilizer complex in Kazakhstan. The plant, located in Aktau, will produce 2,000 metric tons of ammonia per day. As part of the project, KBR will offer a complete package of solutions. This includes a technology license, proprietary engineering design, equipment,…
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….
Fertilizer prices in 2024 showed a stable trend after significant declines in 2023, but they remain higher than pre-pandemic levels. The stabilization reflects a balance between global supply and demand dynamics, alongside geopolitical influences. The Journey from 2021 to 2024 In 2021 and 2022, fertilizer prices soared to unprecedented levels due to supply chain disruptions….
Hindustan Urvarak & Rasayan Limited (HURL) recently announced the HURL DAP Tender for importing Di-Ammonium Phosphate (DAP) in bulk (fertilizer grade). This tender covers both the East Coast of India (ECI) and the West Coast of India (WCI). The bid due date was set for October 22, 2024, generating significant interest within the fertilizer industry….
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…
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…
As the rabi season approached its peak, farmers across India prepared their fields, ensuring their crops received the nutrients they needed. Among the essential fertilizers, di-ammonium phosphate (DAP) was second only to urea in importance. But behind the scenes, a major shift was happening in India’s fertilizer imports. For years, China had been India’s biggest…
