1 month ago
India Holds Adequate Fertilizer Stocks Amid West Asia Conflict
India has more fertilizer than it needs for this year’s crop season, so farmers won’t run out.
The country has extra urea, DAP, MOP, and NPK, which are all above what is needed.
India is buying fertilizer from many countries, not just one, to avoid problems if a route gets blocked.
It also makes more fertilizer at home, so it doesn’t rely only on imports.
The government watches supplies closely and changes its plans each month to keep farmers supplied.
India’s fertilizer stocks for the kharif season exceed demand, with 30.65 mt available versus 20.43 mt needed.
Urea, DAP, MOP, and NPK stocks are all above seasonal requirements, giving the country a buffer against supply disruptions.
The government has diversified imports, sourcing urea from Oman, Malaysia, Vietnam, Nigeria, Russia, Egypt, Algeria and DAP/NPK from Russia, Morocco, Egypt, US, Jordan, Saudi Arabia via the Red Sea.
Domestic production has risen, with urea output at 7.15 mt in April‑June, surpassing targets.
The Ministry monitors supply through the Integrated Fertilizer Management System and adjusts demand estimates monthly.
- Who
- Indian government and fertilizer ministry
- What
- maintaining adequate fertilizer stocks for the kharif season
- Where
- India
- When
- 1 April to 21 July 2024
- Why
- to mitigate supply risks from West Asia conflict and rising freight costs
Key facts
- Fertilizer stocks (Apr‑Jul)
- 30.65 mt
- Seasonal requirement
- 20.43 mt
- Urea availability
- 16.6 mt
- Urea requirement
- 11.2 mt
- Domestic urea production (Apr‑Jun)
- 7.15 mt
Quotes
Amritpreet Kaur Minhas
Fellow at The Energy and Resources Institute (TERI)
“The slight reduction in fertilizer demand reflects weaker rainfall expectations rather than any structural decline in agricultural activity.”
livemint.com
Sources
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