Fertilisers

Core sector output slows to 3-month low of 6% in Feb, crude production dips

Six of eight key infrastructure industries report sequential deceleration

India has adequate fertiliser stocks for summer-sown crops: Minister

"There will be no shortages of fertilisers in the kharif season. We have adequate stocks, and our companies have made arrangements in advance," Mansukh Mandaviya said

India's Apr-Feb fertiliser imports from Russia highest in 3 yrs: Govt data

India imported 34.19 lakh tonnes of fertilisers, including urea and DAP, from Russia during April-February of the current fiscal, highest in the last three years, according to the data placed before Parliament. The imports have risen notwithstanding the Russia-Ukraine war. "....import of urea in the current year up to February (during the ongoing Ukraine war) is more than double as compared to the previous year," Minister of State for Fertilisers Bhagwanth Khuba said in his written reply to the Lok Sabha. Out of total fertiliser import of 34.19 lakh tonnes, about 6.26 lakh tonnes of urea was imported till February of the ongoing 2022-23 financial year, as against 2.80 lakh tonnes imported during the entire previous fiscal, he said. Apart from urea, Di-Ammonium Phosphate (DAP), Muriate of Potash (MoP) and NPK were the other fertilisers imported from Russia. DAP imports stood at 7.65 lakh tonnes, MoP at 0.43 lakh tonnes and NPK at 19.85 lakh tonnes during April-February period of th

IFFCO to export nano urea to 25 nations, expects 30 cr bottles output: MD

Fertiliser major IFFCO Ltd is eyeing nano urea exports to 25 countries and expecting that output is likely to be 30 crore bottles by December 2024, a top company official said on Tuesday. The company is currently exporting the fertiliser to five countries, he said. "We have already produced six crore bottles of 500 ml each and have sold five crore units to farmers, which is equivalent to 22 lakh tonne of solid urea or conventional urea...We are already exporting to Sri Lanka, Nepal, Kenya, Suriname and Mexico," Indian Farmers Fertiliser Cooperative (IFFCO) Managing Director US Awasthi told PTI in an interview. After Prime Minister Narendra Modi inaugurated the world's first nano urea plant at Kalol in Gujarat last year, the company is exporting the fertiliser product, which has the potential to cut down the use of conventional urea, the most used Nitrogenous fertiliser, by 50 per cent or more, to the five nations, he said. Nano urea samples have been sent to 25 other countries and

Fertilisers and Chemicals Travancore's Q3 net up two-fold to Rs 165.79 cr

Profit and turnover for the corresponding nine months of the previous year was Rs 119.84 crore and Rs 2,732.25 crore, respectively

India imports 15.27 million ton fertilisers till Dec in this fiscal: Centre

India imported 152.7 lakh tonne of fertiliser, including urea and P&K, till December of the current fiscal, Parliament was informed on Friday. Sharing data in his written reply to the Lok Sabha, Minister of State for Chemicals and Fertilisers Bhagwant Khuba said: "The country imported 62.44 lakh tonne of urea and 90.26 lakh tonne of phosphatic and potassic (P&K) fertilisers during April-December period of the current fiscal". Among P&K fertilisers, the country imported 53.18 lakh tonne of Di-ammonium phosphate (DAP), 16.22 lakh tonne of Muriate of Potash (MoP) and 20.86 lakh tonne of NPK soil nutrients till December of the current fiscal. In the case of domestic production, the minister said the country's total fertiliser production reached 362.73 lakh tonne during the April-December period of this fiscal. This includes 210.98 lakh tonne of urea and 151.75 lakh tonne of P&K fertilisers. During 2021-22, the total domestic fertiliser production stood at 435.95 lakh ...

Small farmers must get fertilisers, market at lower cost: R K Singh

Asked why India is continuing to import cheap Russian gas despite international opprobrium, Singh said India imports less gas from Russia in a month than Europe does in a day

Cost advantages

Nano-fertilisers will reduce subsidy outgo

CGD, fertilisers to drive demand for domestic natural gas: CRISIL

The growth is in line with the government's target to increase the share of natural gas in its energy mix to 15 per cent by 2030 as part of its environmental commitments

Russia's export of mineral fertilisers may drop by 15% this year

Russia's export of mineral fertilizers may drop by 15 per cent this year, better than a 20-per cent reduction projected in the summer, said a top official

Fertiliser shares rally in weak market; MFL, NFL, RCF surge up to 18%

In the past one month, the market prices of RCF, MFL, FACT and NFL have surged in the range of 38 per cent to 60 per cent on the BSE

India imports 4.61 mn tonnes of urea in April-November this fiscal

Urea production stood at 187.21 lakh tonnes during April-November period of this fiscal, while imports were at 46.14 lakh tonnes to meet domestic demand. In a written reply in the Rajya Sabha, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba shared the data for consumption, production and import of urea in the last three years. As per the data, urea production stood at 250.72 lakh tonnes in the 2021-22 fiscal as against 246.05 lakh tonnes in 2020-21 and 244.58 lakh tonnes in the 2019-20 financial year. Urea imports stood at 91.36 lakh tonnes in the last fiscal, 98.28 lakh tonnes in 2020-21 and 91.23 lakh tonnes in 2019-20. Urea is presently sold in 45-kg bags and the maximum retail price (MRP) is Rs 242 per bag (excluding charges towards neem coating and taxes as applicable). "The subsidy provided per 45kg bag of urea is approximately Rs 1800 (Q1 of 2022-23)," the minister said. The difference between the production cost and MRP is reimbursed as subsidy to fertilis

After toys, govt looks to curb China electric fan, smart meter imports

Since the quality control order 3 years ago, toy import down 70 per cent

India imports 2.34 mn tons of fertiliser including urea, DAP in October

The country imported 23.4 lakh tonne of fertilisers, including urea and Di-ammonium Phosphate (DAP), in October this year, according to official data. Out of the total fertiliser imports, DAP was maximum at 14.70 lakh tonne, followed by urea at 4.60 lakh tonne, Muriate of Potash (MoP) at 2.36 lakh tonne and complexes at 1.70 lakh tonne in the said month, the data showed. Meanwhile, the domestic production of fertilisers was 36.19 lakh tonne in October, lower than the target of 41.54 lakh tonne set for the month. Against the assessed requirement of 71.47 lakh tonne fertilisers for October, the availability was less at 64.28 lakh tonne, and sales stood at 53.34 lakh tonne during the period, as per the data. Barring urea and ammonia, prices of DAP and fertilisers had shown an increase in the global market in October when compared to the year-ago period. Urea is highly subsidised at Rs 5,360 per tonne in the country. The government also offers subsidies on other fertilisers to ensure

Govt refutes any shortage of fertilisers in rabi season, says enough supply

The Centre on Friday said there is adequate availability of key fertilisers, including urea and DAP, across the country for the ongoing rabi season, rejecting reports of shortage in Tamil Nadu and Rajasthan. "There have been some media reports claiming shortage of fertilizers in Trichy, Tamil Nadu and Rajasthan. Such reports are beyond the facts," the Fertiliser Ministry said in a statement. It is clarified that there is more than adequate availability of fertilizers in the country to meet the needs of the ongoing rabi (winter) season, it said. The central government is sending fertilizers as per need to all states, and it is the responsibility of respective state governments to ensure availability within the states through proper intra-district and inter-district distribution, it added. According to the ministry, urea requirement is projected at 180.18 lakh tonne for the 2022 rabi season. The pro rata requirement up to November 16 was 57.40 lakh tonne against which the government

Today's fertilizer shortage is tomorrow's food crisis: PM Modi at G-20

Prime Minister Narendra Modi on Tuesday cautioned the G-20 leaders that today's fertiliser shortage could become tomorrow's food crisis as he strongly pitched for maintaining a "stable" supply chain for both manure and food grains. In his address at the G-20 summit here, Modi also highlighted how India ensured food security for its 1.3 billion citizens during the Covid-19 pandemic while supplying food grains to many countries. "The current shortage of fertilizers in terms of food security is also a huge crisis. Today's fertilizer shortage is tomorrow's food crisis, for which the world will not have a solution," Modi told the gathering which included US President Joe Biden, British Prime Minister Rishi Sunak and French President Emmanuel Macron. "We should build mutual agreement to maintain the supply chain of both manure and food grains stable and assured. In India, for sustainable food security, we are promoting natural farming, and re-popularising nutritious and traditional ...

Gehlot asks officials to ensure timely supply of fertilisers to farmers

Rajasthan Chief Minister Ashok Gehlot on Monday directed officials to ensure time-bound supply and distribution of DAP and urea to farmers for sowing rabi crops, according to an official release. Gehlot issued the directions at a meeting held to review the supply of fertilisers and electricity. The chief minister asked officials to make sure that power supply to the farmers in the state is not interrupted at any cost. Sufficient electricity should be made available to the farmers to irrigate rabi crops, the release said. Gehlot said the government is working with commitment to ensure supply of fertilisers to farmers for sowing rabi crops, it said. He was informed that due to good rainfall in October, rabi sowing has increased by 15 lakh hectares as compared to last year. "There has been an increase of about 103 per cent in sowing of wheat, 87 per cent in barley, 16 per cent in mustard and taramira, 27 per cent in gram and about 56 per cent in other crops as compared to last year.

Centre spent Rs 10 trn to provide affordable fertilisers to farmers: Modi

The Centre has spent approximately Rs 10 lakh crore during the last eight years to see that farmers in the country are not burdened by the high global prices of fertilisers, Prime Minister Narendra Modi said on Saturday. Modi, who was speaking after laying foundation stones and dedicating to the nation multiple projects worth over Rs 9,500 crore at Ramagundam in Telangana, said the Union government would spend more than Rs 2.5 lakh crore this year to make fertilisers available to the farmers at affordable rates. He also said his government has transferred more than Rs 2 lakh crore to the bank accounts of farmers under the PM Kisan Samman Nidhi scheme. The Prime Minister said five big fertiliser plants in the country that were lying closed for years are being restarted towards achieving 'atmanirbharta' (self-reliance) in urea. The Gorakhpur plant in Uttar Pradesh has started production and the Ramagundam plant has been dedicated to the nation. When these five plants are fully ...

Cabinet hikes ethanol prices, approves subsidy for non-urea fertilisers

The industry has on several occasions told the government the price of ethanol produced from sugar juice or syrup should be based on returns on equity

Cabinet approves Rs 51,875 cr subsidy for P&K fertilisers for rabi season

The government on Wednesday approved a subsidy of Rs 51,875 crore for phosphatic and potassic (P&K) fertilisers for second half of 2022-23 as part of efforts to provide affordable soil nutrients to farmers. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi approved nutrient-based subsidy (NBS) rates for P&K fertilisers for 2022-23 rabi season, an official statement said. The CCEA has approved a subsidy of Rs 98.02 per kg for nitrogen (N), Rs 66.93 per kg for phosphorus (P), Rs 23.65 per kg for potash (K) and Rs 6.12 per kg for sulphur (S), it said. "Subsidy approved by the Cabinet for the NBS Rabi-2022 (from 01.10.2022 to 31.03.2023) will be Rs 51,875 crore including support for indigenous fertiliser (SSP) through freight subsidy," the statement said. This will enable smooth availability of all P&K fertilisers to farmers during the rabi season at subsidized / affordable prices and support the agriculture sector, it said. "The ...