Department of Fertilizers have approved state wise company wise fertilizer supply plan for Urea, DAP, MOP and NPKs for the month of March 2023. To know more about state wise…
The Government has issued the Fertiliser Control Amendment Order 2023, which introduces a new procedure for the analysis of fertiliser samples, effective from 1st March 2023. The aim of this…
Fertiliser Production, Import & Sales in India India's production of urea, DAP, and NPKs increased by 13%, 4%, and 4%, respectively, from January of FY 21-22 to FY 22-23 within…
In January 2023, the Department of Fertilizers, Ministry of Fertilizers and Chemicals, India, acknowledged the average international price of fertilisers and announced the trend for the previous year. Urea's (FOB) price fell from USD 897/MT in Jan 2022 to USD 500/MT in Jan 2023, a loss of roughly 44.26%. The price of DAP (CFR) fell by around 26.28%,from USD 921/MT in Jan 2022 to USD 679/MT in Jan 2023. MOP (CFR) has risen in price from USD 445/MT in Jan 2022 to USD 590/MT in Jan 2023, an increase of roughly 32.58%. The cost of phosphoric acid (CFR) has dropped from USD 1330/MT in Jan 2022 to USD 1175/MT in Jan 2023, a drop of roughly 11.65%. The cost of rock phosphate (CFR) grew by around 68.06%.from USD 144/MT in Jan 22 to USD 242/MT in Jan 23. Ammonia (CFR) is now about 17.42% cheaper than it was in USD Ammonia (CFR) has a price that has dropped from USD 1125/MT in Jan 2022 to USD 929/MT in Jan 2023, a 17.42% decline. Sulfur's (CFR) price fell from USD 339/MT in January 2022 to USD 161/MT in January 2023, a decline of around 52.51%. Source : DOF
Due to an increase in the price of fertilisers and their raw materials on the worldwide market, the Ministry of Chemicals and Fertilizers of the Indian Government increased the budget…
Black Sea Urea Price for Jan’23 is US $ 443.75 per ton, which is 14.56% lower than Dec’22, US DAP Spot Price (Gulf) for Jan’23 is US $ 631 per ton, which is 1% higher than…
