Shares of Paradeep Phosphates hit a new high of ₹149, gaining 3.5 per cent on the BSE in Thursday's intra-day trade amid heavy volumes in an otherwise weak market.
GSFC, Paradeep Phosphates, Chambal Fertilisers, GNFC and Deepak Fertilisers were up in the range of 3% to 5% in intra-day trade.
In the past two days, the stock price of Paradeep Phosphates soared 16% after the India Meteorological Department (IMD) on Tuesday predicted an "above normal" monsoon in 2025.
Deal will secure DAP and complex fertilisers for Indian farmers, says Indian company
Broadly operating profit per tonne may increase by between ₹1,000-2,000 for affected companies
The Union Cabinet on Friday approved a Rs 37,216 crore subsidy on phosphatic and potassic (P&K) fertilisers for the Kharif (summer-sown) season this year as part of its efforts to provide soil nutrients at a reasonable rate. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a proposal for fixing the Nutrient Based Subsidy (NBS) rates for Kharif season 2025 (from April 1, 2025, to September 30, 2025,) on Phosphatic and Potassic (P&K) fertilisers. The budgetary requirement for Kharif season 2024 will be Rs 37,216.15 crore, Information and Broadcasting Minister Ashwini Vaishnaw told reporters here. The minister said the government has ensured that the retail prices of DAP (Di-ammonium phosphate) remain at the present level. The subsidy fund requirement for the Kharif season is around Rs 13,000 crore, more than the budgetary requirement for Rabi seasons 2024-25. The decision will ensure "availability of fertilisers to farmers at subsidised, affordable and ...
The United States further said it had also agreed with Russia and Ukraine to implement a ban on military strikes on each other's energy installations
Coromandel International Ltd, part of the diversified conglomerate Murugappa Group, has set a target to double the sulphur manufacturing capacity to 50,000 metric tonne and has opened the second manufacturing plant in Andhra Pradesh in this connection, a top official said. The facility in Visakhapatnam is aimed at ensuring a steady supply of high-quality Bentonite Sulphur fertilisers to the farmers. The production unit is the company's wholly backward integrated facility and produces approximately 12 LMT of complex fertilisers along with Phosphoric and Sulphuric acid. The site also hosts a Sulphur Fertiliser plant with 25,000 MT production capacity. "With the inauguration of this new plant, the company's Sulphur fertiliser capacity is doubled," a company statement here said on Thursday. Coromandel International Ltd Managing Director and CEO S Sankarasubramanian said, "At Coromandel we believe in delivering innovative and sustainable Agri-solutions to the farmers. By continuously ..
The government's initiative to promote the use of organic fertilizer could add a revenue of USD 2.6 billion for the biogas industry, the Indian Biogas Association (IBA) said on Sunday. The government has announced an amendment to encourage the use of organic fertilizer for farming methods that are more ecologically friendly, the IBA said in a statement. The Ministry of Agriculture and Farmers Welfare has made some changes in to the 1985 Fertilizer (Inorganic, Organic, or Mixed) (Control) Order and included 'Organic Carbon Enhancers' from Compressed Biogas (CBG) plants as a new variety of fertilizer. The change introduced in February 2025 is believed to be beneficial for farmers and the environment as it will help improve agriculture in the country, it stated. A R Shukla, President of the Indian Biogas Association, has hailed the amendment, saying, it will help improve soil's health as well as mitigate global warming. Organic fertilizer which is produced through the fermentation ..
India's Green Hydrogen Mission targets decarbonising fertiliser production
Fertiliser companies are set to post healthy earnings growth, driven by volume growth in the Urea biz and sizeable cost savings in producing phosphoric acid for complex fertiliser makers
Fertiliser major IFFCO, which has introduced nano liquid urea and nano liquid DAP, has now developed nano NPK nutrient and sought the government's approval to launch it in the market. IFFCO's MD U S Awasthi said the cooperative will launch nano NPK product, which is in granule form, after the necessary approval from the government. He said the company will produce this product at its Kandla unit. IFFCO will sell this product at Rs 950 per bag of 5 kg, Awasthi said, adding that this will significantly reduce the consumption of urea and DAP (di-ammonium phosphate). In September, he said that the cooperative has invested around Rs 2,000 crore since 2017 on its two new innovative products nano liquid urea and nano liquid DAP. He is hopeful that farmers will adopt these key nutrients in a big way over the next 2-3 years. IFFCO launched the world's first 'Nano Liquid Urea' fertiliser in June 2021. Thereafter, it came up with Nano-DAP fertiliser in April 2023. Nano urea is available at
Union Minister Anupriya Patel on Wednesday said the geopolitical disturbances this year caused disruptions in fertiliser supply chain and also impacted domestic availability of di-ammonium phosphate (DAP), but the government took many steps to overcome challenges of providing nutrients to farmers on time. Addresing an annual seminar of Fertilisers Association of India, Minister of State for Chemicals and Fertilizers Anupriya Patel said India's agricultural sector depends significantly on the import of some of the critical fertilizers like DAP (Di-ammonium phosphate), MoP (Muriate of Potash), NPKs and partially even urea. "And this year, there have been some geopolitical disturbances which led to supply chain disruption and that had an impact on the availability of fertilizers, especially of DAP in the country. But the Department (of fertilizers) rose to the occasion," she said. To overcome this challenge, Patel said the Centre took several proactive measures. "Along with the ...
He pointed out that "farmers often complain about receiving poor-quality inputs, resulting in significant losses"
Farmers in some Haryana districts are grappling with a DAP fertiliser shortage but the government has failed to take appropriate steps to address the issue, opposition Congress leaders and farmer activists in the state have alleged. Long queues of farmers have been seen at some places in the state and even the police had to be called in for crowd management. Targeting the government, Congress general secretary and Sirsa MP Kumari Selja said it has failed to take appropriate steps in time. She alleged that the shortage of di-ammonium phosphate (DAP) fertiliser, essential for the cultivation of mustard, wheat and some other crops, has forced farmers to stand in long queues and still they are not able to get enough to meet their needs. "In many places, the situation has become dire and farmers have been forced to hold protests and demonstrations. After urea, DAP is the most widely used fertiliser in the country," Selja said. DAP contains nitrogen and phosphorus, which are primary ...
Union Agriculture Minister Shivraj Singh Chouhan on Wednesday said the government's decision to provide subsidy of Rs 24,475 crore on phosphatic and potassic (P&K) fertilisers for rabi season would help reduce input cost for farmers and enhance their income. He also welcomed the Cabinet's approval to continuation of Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) scheme till 2025-26 with an outlay of Rs 35,000 crore. Welcoming the decision of subsidy on P&K nutrients, Chouhan said in a social media post on 'X', "this will ensure availability of fertilisers to farmers at affordable rates". The Cabinet's decision would also give new impetus to the government's commitment to reduce production cost, increase income of farmers and make farming a profitable business, the minister added. Chouhan said the PM-AASHA scheme will not only help in giving remunerative prices to farmers for their produce but will also control the price volatility of essential commodities. The ...
The government on Wednesday approved Rs 24,474.53 crore subsidy on phosphatic and potassic (P&K) fertilisers for the rabi season of 2024-25 to ensure supply of crop nutrients to farmers at affordable rates. The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for rabi season 2024 (from October 2024 to March 2025) on P&K fertilizers. "The tentative budgetary requirement for rabi season 2024 would be approximately Rs 24,475.53 crore," an official statement said. The decision is aimed at ensuring the availability of fertilizers to farmers at subsidized, affordable and reasonable prices. The government is making available 28 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/importers. The subsidy on P&K fertilizers is governed by the NBS scheme with effect from April 1, 2010. "In view of the recent trends in the international prices of fertilizers & inputs i.e. urea, ...
Fertiliser major IFFCO has invested around Rs 2,000 crore since 2017 on its two new innovative products nano liquid urea and nano liquid DAP and is hopeful that farmers will adopt these key nutrients in a big way over the next 2-3 years, its Managing Director U S Awasthi said. Cooperative IFFCO launched the world's first 'Nano Liquid Urea' fertiliser in June 2021. Thereafter, it came up with Nano-DAP (di-ammonium phosphate) fertiliser in April 2023. Nano urea is available at around Rs 240 per bottle of 500 ml while nano liquid DAP at Rs 600 per bottle. "We have invested around Rs 2,000 crore since 2017 on nano fertilisers," he said. The investments have been made in research and development and setting up manufacturing plants along with branding and marketing activities. Awasthi said the co-operative is also investing Rs 200 crore annually in the promotion of nano-urea and nano-DAP and increasing awareness among farmers about how to use these products along with conventional urea a
Union Minister Shivraj Singh Chouhan on Saturday urged farmers to switch to organic fertilisers to save the soil from turning infertile and also for the betterment of human health. The Union minister for agriculture and farmers welfare was interacting virtually with farmers and 'Swayampurna Mitras' (officials assigned to deliver government schemes) of Goa. Chief minister Pramod Sawant joined the interaction from here. It was aired across panchayats, municipalities and zonal agricultural offices in the coastal state. "Gradually, we have to switch towards organic farming. The use of chemical fertilisers is affecting the soil. If there is uninterrupted use of chemical fertilisers and pesticides, the soil will turn infertile. It is also bad for human health," Chouhan said while hailing the state government for providing thrust on organic farming by giving various subsidies. The 'Swayampurna (self sufficient) Goa' initiative is an example of how the government can use available ...
India imported 18.65 lakh tonne urea and 22.58 lakh tonne phosphatic and potassic (P&K) fertilisers from China during 2023-24, the government informed Parliament on Tuesday. In a written reply to the Rajya Sabha, Minister of State for Chemicals & Fertilisers Anupriya Patel said, "Government of India through Department of Fertilizers imports urea (agriculture purpose) on government account to bridge the gap between production and assessed demand." As per the data, the country imported 70.42 lakh tonne urea in 2023-24 for USD 2.6 billion. Of this, India imported 18.65 lakh tonne urea from China valuing USD 730 million. "So far as P&K fertilizers are concerned, these grades of fertilizers are covered under Open General Licence (OGL) under the Nutrient Based Subsidy Scheme (NBS). They are imported by the companies on their commercially viable terms," Patel said. The value of imported P&K fertilizers is not maintained in the department. India imported a total of 106.53 lakh