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…
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…
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…
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….
In a significant development aimed at bolstering bilateral trade, Russia has expressed its readiness to ramp up fertilizer exports to India. This move comes after positive discussions with Indian counterparts regarding potential import tariff reductions. Dmitry Volvach, Russian Deputy Minister of Economic Development, highlighted the strategic importance of this partnership during the 15th India-Russia Business…
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….
India’s reliance on urea imports is projected to drop to 10-15%, down from a high of 30% in FY 2021, according to a Crisil Ratings study. This reduction is driven by the launch of new urea production capacities. These plants are expected to achieve regulated returns as utilization rates improve. Additionally, older plants will maintain…
The temporary suspension of urea production at Ramagundam Fertilisers and Chemicals Limited (RFCL) has worsened the fertilizer shortage in Telangana during the crucial kharif season. Reported technical snags forced the shutdown, drawing sharp criticism from political leaders and increasing concern among farmers. Urea Production Stops After Leakages On August 14, RFCL stopped urea production after…
Strategic Sourcing for Fertilizer Security Rashtriya Chemicals and Fertilizers (RCF), a leading public sector enterprise in India, is exploring opportunities to secure Rock Phosphate supplies from Mauritania. Meanwhile, other Indian fertilizer companies are finalizing agreements with suppliers in Togo. These efforts reflect India’s strategic focus on maintaining a steady supply of essential crop nutrients. Government’s Role…
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,…
