Agribusiness News

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India releases FCO 1985 (5th amendment order 2021) on Bio-Fertilizers & Organic Fertilizers For more, please go to Link: https://fertiliserindia.com/fertiliser-control-order-1985-5th-amendment-order-2021/

India approved and released Fertilizer Supply Plan for July 2021 For more, please go to Link: https://fertiliserindia.com/india-fertilizer-supply-plan-for-july-2021-company-wise/

DOF estimated around Rs 14,775 crore additional subsidy for revised NBS rates for P&K Fertilisers for the year 2021-22. For more, please go to Link: https://fertiliserindia.com/department-of-fertilisers-estimated-around-rs-14775-crore-additional-subsidy-burden-for-revised-nbs-rates-for-pk-fertilisers-for-the-year-2021-22department-of-fertilisers-estimated-around-rs-14775-cr/

Cabinet approves extension of applicability of New Investment Policy (NIP)-2012 read with its amendment to the Ramagundam Fertilizers and Chemicals Limited. For more, please go to Link: https://fertiliserindia.com/cabinet-approves-extension-of-applicability-of-new-investment-policy-nip-2012-read-with-its-amendment-to-the-ramagundam-fertilizers-and-chemicals-limited/

India Releases 3rd Advance Estimates of Agricultural Crops: No affects of Covid 19 & Lock-down For more, please go to Linkhttps://fertiliserindia.com/india-releases-3rd-advance-estimates-of-agricultural-crops-no-affects-of-covid-19-lock-down/

India Revised Nutrient Based Subsidy ( NBS ) Rates for FY 2021-22 from 20th May to 31st Oct 21 For more, please go to Link https://fertiliserindia.com/india-revised-nutrient-based-subsidy-nbs-rates-for-fy-2021-22-from-20th-may-to-31st-oct-21/

DOF approved state-wise supply plan of fertilizers for May 2021. For more, please go to link https://fertiliserindia.com/india-farmers-will-get-dap-fertilizer-at-old-price-despite-hike-in-international-price-pm-modi/

International Fertilizer and Raw Material Price for April,2021 – Urea Price US $328.1 per MT (-7.02% decrease over March,21) DAP US $543.4 per MT (1.74% increase over March,21) Rock Phosphate US $95 per MT (-1.2% decrease over March,21) Natural Gas US $2.86 per MT ( 9.16% increase over March,21) For more, please go to link https://fertiliserindia.com/international-fertilizer-price-for-april-2021/

Indian Phosphate Market under pressure – Sharp rise in Global DAP Prices & Raw Material Prices

India has bare minimum level of DAP inventory i.e. around 0.14 million tons as on 1st April, 2021. During Kharif 2020, India DAP sales were around 6.42 million tons and production was just 1.91 million tons. Import of around 4.19 million tons, filled the gap /shortfall on timely basis.  Will India meet local demand on timely basis at affordable price? For more, please gp to link https://fertiliserindia.com/indian-phosphate-market-under-pressure-sharp-rise-in-global-dap-prices-raw-material-prices/

India Posts Growth in Fertilizer Sales in FY’ 2020-21 : Lock-down has no effect

The India fertilizers market has registered a growth with a 10 years CAGR of 2.2%. The impact of Covid-19 pandemic has no impact on the Indian fertilizer market in the financial year 2020-21, only due to various initiatives taken by Department of Fertilisers, Ministry of Chemicals & Fertilisers, Govt. of India, Fertilizer Industry and trade as well. For more, please go to link https://fertiliserindia.com/india-posts-growth-in-fertilizer-sales-in-fy-2020-21-lock-down-has-no-effect/

Cabinet approves Exclusive subsidy policy for Urea produced through coal gasification by Talcher Fertilizers Limited (TFL)

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval for the proposal of the Department of Fertilizers for the formulation of exclusive subsidy policy for Urea produced through coal gasification route by Talcher Fertilizers Limited (TFL).

India Urea Market Outlook for Next 10 Years

The demand-supply gap of Urea fertilizer in India has increased at its pinnacle, thereby leading to increased reliance on imports. Indian urea imports totaled 9.8 Mn tons in the financial year of 2020-21, according to the government data, which is 188% of 5.2 Mn tons imported in the financial year 2009-10. For more, please go to link https://fertiliserindia.com/india-urea-market-outlook-for-next-10-years/