Page 5 - Fertiliser

Fertiliser movement through coastal shipping now eligible for subsidy

This decision would promote transportation of fertilisers through coastal shipping under the Ministry's flagship Sagarmala programme

Non-urea fertiliser prices rise again, no relief for farmers in sight

Companies claim farmers could have been shielded if Centre had released additional subsidy during the year

India's dependence on fertiliser imports to continue in medium-term: Study

The country consumes 55 million tonne of fertilisers annually, of which 72 per cent is domestically produced while the rest is imported, says India Ratings and Research (Ind-Ra)

Fertiliser self-sufficiency a distant goal

Consumption to rise 20% till 2024; neem coating and direct benefits transfer not yet proven successful

Policy tweaks boost India's fertiliser sector

The country's import dependence for urea stands at 20-25% of the total demand

Fertiliser policy change to affect firms differently

Fertiliser companies are likely to pass on subsidy benefit to consumers

Indian fertiliser companies to raise potash prices after subsidy cut

Prime Minister Narendra Modi's cabinet last week cut potash subsidies by 20 per cent

Fertiliser shares rally up to 16% ahead of Cabinet meet

Madras Fertiliser, Rama Phosphates, RCF and FACT have surged more than 10% each.

Harvesting times for fertiliser firms

Fresh triggers after the note ban have helped fertiliser stocks not only gain lost ground but register good returns.Expectations of a decline in subsidy receivables in FY18 after the Union Budget, hopes of demand improvement following the UP elections, as well as talk of fast-tracking fertiliser reforms have helped these stocks gain in the past few months. With these gains, the one-year returns given by these stocks too have been phenomenal. Coromandel International, Chambal Fertilisers, GSFC, Tata Chemicals, Deepak Fertilisers, etc have gained 52-98 per cent in the past one year. There could be more gains ahead.This reversal in fortunes for fertiliser stocks in FY17 comes after three challenging years. The deficient monsoons, high raw material prices, elevated subsidy receivables, and policy stagnation had contributed to their underperformance earlier. While substantial improvement in the monsoon in 2016 provided the first trigger, falling prices of natural gas and those of MoP ...

Ramco bags contract from New Zealand's fertiliser company Ravensdown

By using Ramco Aviation Suite, Ravensdown Aerowork aims to improve operational efficiencies

Fertiliser stocks rally on Rs 10,000-cr subsidy payout

The Fertiliser Ministry sought Rs 20,000 cr from the Finance Ministry to clear the pending dues

Fertiliser shares gain; Deepak Fertiliser, RCF, GSFC hit 52-week high

National Fertilisers, GSFC, Deepak Fertilisers, RCF and Mangalore Chemicals were up more than 20% each in past one-month.

Fertiliser shares in focus; Chambal Fertilizer, Coromandel hit 52-week high

Nagarjuna Fertilisers, RCF, Aries Agro, FACT and Chambal Fertilisers were up 9% to 12% in two trading days

Mosaic buys fertiliser business of Brazil's Vale for $2.5 billion

The deal will help Mosaic to become the leading fertiliser production and distribution company in Brazil, one of the world's preeminent agricultural markets

Fertiliser shares in focus; Chambal Fertilisers, Aries Agro hit 52-week high

RCF, Madras Fertilisers, FACT, Deepak Fertilisers,Chambal Fertilisers and National Fertilisers were up 3%-11% on BSE

P&K fertiliser subsidy stays unchanged for H2FY16

Pune metro rail gets Rs 11,000 cr; textile aid package details okayed

Essel Group in JV with Gensource to set up potash project in Canada

Through the JV, Gensource and Essel Group ME aim to create a new and independent supply of potash, a key component of fertilisers, to the global market

Inventories likely to keep fertiliser sales down

Total fertiliser subsidy arrears are also not expected to be down much by the end of 2016-17, despite low gas and imported urea prices

Kribhco and Morocco's OCP to set up $230 mn fertiliser plant in AP

The greenfield plant, located at Krishnapatnam (Andhra Pradesh), will have an annual production capacity of 1.2 million tonne (MT) of NPK fertilisers

Fertiliser sector outlook to be stable in FY'17: ICRA

While urea sales fell by 13 per cent, non-urea sales de-grew by 22 per cent in the first four months of FY2017