State-owned National Fertilizers Limited (NFL) will help boost India’s fertilizer production. In a regulatory filing on Wednesday, NFL announced that its board approved joining a joint venture proposed by the Department of Fertilizers. The company will hold an 18% equity stake in the new ammonia-urea complex, Namrup IV Fertilizer Plant, in Assam. The Union Budget…
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 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….
For the ongoing Rabi 2024-25 season, the Department of Agriculture & Farmers Welfare (DA&FW) has assessed the national requirement for Diammonium Phosphate (DAP) at 52.05 lakh metric tons (LMT). As of December 3, 2024, the government has made significant progress in meeting this demand. Current Availability and Sales of DAP The pro-rata requirement of DAP…
In a significant address on the ongoing fertilizer crisis, Indian Farmers Fertiliser Cooperative Limited (IFFCO) Chairman, Dilip Sanghani, discussed the acute shortage of liquid fertilizer in the country. He attributed the crisis to China’s decision to halt fertilizer exports, a move that has disrupted India’s agriculture sector. Speaking to the media, Sanghani stated, “50 %…
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…
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…
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…
The Fertilizers and Chemicals Travancore Limited (FACT) has issued a tender inviting global suppliers to import 40,000 metric tonnes (MT) of Muriate of Potash (MOP). The FACT MOP Tender will occur at three key Indian ports: Mangalore, Tuticorin, and Kakinada. FACT, a leading fertilizer producer in India, aims to enhance agricultural productivity by securing a…
DFPCL has announced an important expansion of its Nitric Acid plant in Dahej, Gujarat, to meet the growing demands of the merchant market and downstream industries. This ambitious project, with a budget of ₹1,950 crore, positions DFPCL as Asia’s largest manufacturer of Nitric Acid, further solidifying its leadership in the industry. For over 40 years,…
