Page 11 - Fertilizers

AIMIM MP Imtiaz Jaleel seeks slash in fertiliser prices; writes to Tomar

Lok Sabha member and AIMIM leader Imtiaz Jaleel on Wednesday wrote a letter to Union Agriculture Minister Narendra Singh Tomar, demanding that the prices of fertilisers be slashed. On Tuesday, NCP chief Sharad Pawar had also written a letter to the Centre, requesting it to reconsider the price hike of fertilisers. In his letter, Jaleel, who represents Aurangabad Lok Sabha constituency, said that farmers in Aurangabad district have to deal with the vagaries of nature, like drought, excess rains or unseasonal showers. In addition to that that, the district has been facing a serious pandemic situation. The farmers also have to face a rise in fertilizer prices. This hike has come at a time when the agriculture yield has come down, he said. Therefore, the government should curtail the prices of fertilizers and make the supply smooth by making it available in large quantities, the parliamentarian said in the letter.

Rising prices of fertilisers worry farmers in Aurangabad district

Farmers in Maharashtra's Aurangabad district have raised concern over the rising prices of fertilisers amid the grim COVID-19 situation and sought help from the government ahead of the upcoming sowing season. When contacted, state Agriculture Minister Dada Bhuse told PTI that they have written to the central government to reduce the prices of fertilisers. Notably, the Centre recently said it is considering subsidies to offset rise in global prices of raw materials of phosphatic and potassic (P&K) fertilisers in a bid to ensure their availability to farmers at subsidised rates across the country. The government said it was taking all necessary steps to safeguard the interests of farmers during the COVID-19 crisis. Farmer Deepak Joshi from Devgaon in Paithan said the rising prices of fertilisers have upset his farming budget. He said his crop yield last year got sold at lower prices than normal as there were no buyers due to the coronavirus-induced lockdown. "Governme

Capacity expansion, new launches to drive growth for Rallis India

While revenue growth was robust in Q4, weak mix, costs dented profits

Fertiliser shares in focus; Deepak Fertilisers, RCF rally over 10%

With the forecast of normal monsoons and the rollout of Covid vaccination programme in the coming months, CARE Ratings expects economic activities to normalize during FY22

How DCT can help the fertiliser sector deal with main challenges

These challenges can be substantively tackled if the design of DCT is optimal

Eight core industries' output up 0.1% in January

The rise came on the back of growth in the production of fertiliser, steel and electricity

Additional Budget allocation to wipe out fertiliser subsidy backlog: Ind-Ra

The credit metrics of fertiliser manufacturers in general and urea manufacturers in particular are likely to improve meaningfully in FY22, India Ratings and Research (Ind-Ra) said on Friday

Competition Commission approves Indo Gulf Fertilizers-Indorama deal

CCI said it has cleared the proposed acquisition of Indo Gulf Fertilizers by Indorama India Private Ltd

Demand for chemicals, petrochemicals to grow 9% a year: Fertiliser minister

Chemicals and Fertilisers Minister D V Sadananda Gowda said the size of the industry is likely to grow to $300 billion by 2025

Strong Rabi season offtake helps fertilizer stocks extend gains

Shares buck the market trend, advance between 3 to 8 per cent on Thursday

Indo-Gangetic plain global hotspot of atmospheric ammonia: IIT KGP study

This is due to intense agricultural activities and fertilizer production there, according to researchers at The Indian Institute of Technology (IIT) Kharagpur.

Deepak Fertilisers, GSFC, GNFC: What charts indicate for fertiliser stocks

Chambal Fertilisers may rally towards Rs 240 if it sustains above Rs 200 levels.

FM Sitharaman announces Rs 65,000-crore fertiliser subsidy for farmers

An additional outlay of Rs 10,000 crore will be provided for PM Garib Kalyan Rozgar Yojana

Falling gas prices offer a breather to a subsidy-ridden fertiliser sector

Estimates say a 25.1% fall in natural gas prices, which makes up 50-80% of raw material cost in urea, could lead to a 12% in manufacturing cost; 28 of 31 urea plants in India are gas-based

Chemicals minister launches home delivery of fertilisers for Andhra farmers

Chemicals and Fertilisers Minister D V Sadananda Gowda on Wednesday launched the home delivery facility of fertilisers for farmers in Andhra Pradesh. Gowda launched POS 3.1 software, SMS Gateway and home delivery facility of fertilisers for farmers in Andhra Pradesh, an official statement said. The minister said the DBT (direct benefits transfer) system was launched on March 1, 2018, on a pan-India basis that has been working well. He said the fertiliser department has successfully implemented a complex system of end-to-end computerisation of movement of fertiliser in the entire country. The system enables to monitor availability of fertiliser on a real-time basis at state, district and at the retail outlet. The entire fertiliser subsidy for the last two years have been disbursed through this system, the statement said. Gowda complemented Andhra Pradesh Chief Minister Y S Jaganmohan Reddy for the excellent work done by his government in home delivery of fertiliser. In fact, Andhra

Deepak Fertilisers, GSFC: Will Farm Bills passage boost fertiliser stocks?

Here's how fertiliser sector stocks look on the charts and what should be your trading strategy

GAIL: Demand, fertiliser plants, city-gas distribution to drive earnings

Rising gas demand, new fertiliser plants to drive earnings

Covid-19 crisis: Indian economy's road to recovery still has long way to go

Agriculture was expected to be the only silver lining in the economy in the current financial year

Gujarat State Fertilizer's Q4 profit after tax declines 37% to Rs 62 cr

The company's PAT for the corresponding period of the previous fiscal stood at Rs 97.91 crore, it said in a BSE filing.

Govt may rationalise urea price, disincentivise chemical fertilisers

The proposed move seeks to promote balance between chemical and organic fertilisers