Major Investment in Panagarh Plant Matix Fertilizers and Chemicals, a leading urea producer in India, has revealed plans to invest ₹7,500 crore in a brownfield expansion at its existing plant in Panagarh Industrial Park, West Bengal. The expansion aims to double the company’s urea production capacity, further cementing its leadership in the fertilizer sector. Consistent…
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…
India is grappling with a severe shortage of Di-Ammonium Phosphate (DAP), a critical fertilizer for crops like wheat and mustard. The crisis is hitting hard in agriculturally dominant states like Punjab, Haryana, and Uttar Pradesh. Let’s explore what’s behind the shortage and how it’s affecting farmers. Why is There a DAP Shortage? The shortage stems…
The government has set a cautious wheat procurement target of 30 million tonnes for the 2025-26 rabi marketing season. This decision comes despite the Agriculture Ministry’s projection of a record-breaking wheat production of 115 million tonnes for the 2024-25 crop year, which spans from July to June. The marketing season begins in April 2025. The…
The global potash market in 2025 is at a turning point. Geopolitical tensions in the Black Sea and growing demand from Brazil are driving significant shifts in fertilizer trade flows. With sanctions, trade barriers, and investment surges, the fertilizer sector is redefining its supply strategies. Black Sea Becomes Fertilizer Epicentre The Russia-Ukraine conflict has turned…
HURL (Hindustan Urvarak and Rasayan Limited) has officially issued a HURL MOP Tender. This tender is for the import of Muriate of Potash (MOP) in bulk and is specifically for fertilizer-grade quality. This initiative aims to enhance the supply of essential nutrients to India’s agricultural sector. It ensures that farmers have access to high-quality fertilizers….
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 technical offers, and price bids…
Yara India continues to excel in operational efficiency, particularly in energy use. In FY2024, the company achieved an average energy consumption of 5.12 Gcal/MT, well below the industry benchmark of 5.417 Gcal/MT. This improvement resulted in significant energy savings, strengthening its position in the Indian fertilizer market. In YTDFY2025, the company made even greater strides,…
The Global Fertilizer Market stabilized in the fourth quarter of 2024. Prices rose slightly by 1% compared to the third quarter but dropped more than 17% year-on-year. This price moderation was supported by ample supplies and steady energy costs, despite trade restrictions in certain regions. Fertilizer input costs, which peaked in 2022-23, have declined significantly….
The Indian Farmers Fertilizer Cooperative Limited (IFFCO) is set to transform fertilizer production by establishing two advanced Nano DAP manufacturing units. These facilities will be located in Phulpur and Aonla, each with a production capacity of 36,500 tonnes per day (TPD). This ambitious project is estimated to cost around Rs 7,000 crore, highlighting IFFCO’s dedication…
