Recent data reveals that West Bengal recorded the highest number of spurious fertiliser cases, followed by Haryana, Odisha, and Punjab, as the government vows strict action
Shares of Paradeep Phosphates hit a new high of ₹205, surging 8 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes
India has imported 9.74 lakh tonnes of di-ammonium phosphate (DAP) during the April-June quarter to meet domestic demand, the government said on Tuesday. In a written reply to Rajya Sabha, Minister of State for Chemicals and Fertilisers Anupriya Patel shared the data of DAP imports for the current year, as reported by the companies. As per the data, India imported 2.89 lakh tonnes of DAP in April, 2.36 lakh tonnes in May and 4.49 lakh tonnes in June. Imports of DAP, a key fertiliser, stood at 45.69 lakh tonnes in 2024-25 fiscal, 55.67 lakh tonnes in 2023-24, 65.83 lakh tonnes in 2022-23, 54.62 lakh tonnes in 2021-22, and 48.82 lakh tonnes during 2020-21. "The government is ensuring adequate availability of fertilizers to meet the Kharif 2025 requirement...The requirement for chemical fertilizers during the 2025 Kharif season (is) marginally higher than that of the previous year, owing to expanded sowing coverage and favourable monsoon conditions," Patel said. From April 2010, the
While the minister did not refer to any country, the statement came at a time when China has reduced exports of a critical fertiliser - di-ammonium phosphate - creating a global supply squeeze
Congress leader Rahul Gandhi on Wednesday accused the government of not taking any steps to help the farmers who are "struggling with shortage of essential fertilizers" like DAP and urea as China has "stopped the supply" of speciality fertilizers imported from there. Gandhi said on the one hand, Prime Minister Narendra Modi is printing his photos on fertilizer bags, and on the other hand, farmers are becoming dependent on 'Made in China'. "India is an agriculture state and farmers are the backbone of our economy. But, this backbone is bending due to foreign dependency. India imports 80 percent of specialty fertilizer from China. And now, China has stopped supply," he said in a post in Hindi on Facebook. "This is not the first time - farmers across the country are struggling with the shortage of essential fertilizers like urea and DAP and now the 'Chinese crisis' of specialty fertilizer is looming," Gandhi wrote. "Despite knowing that this supply can stop anytime, the government did
India before the curbs used to import around 1-2 million tonnes of urea from China out of the total imports of around 6-7 million tonnes
It's the second-most-consumed fertiliser in India after urea but a significant portion is imported
China has reportedly stopped inspecting fertiliser shipments to India, effectively halting exports without an official ban as India relies heavily on Chinese supply
While Iffco has seen an increase in the sale of both nano urea and nano DAP, some industry players say that despite its intrinsic benefits, nano has still not caught the imagination of some farmers
Fertilizers and Chemicals Travancore, National Fertilizers, Rashtriya Chemicals and Fertilizers and Deepak Fertilisers & Petrochemicals Corporation rallied between 8 per cent and 18 per cent
Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) on Friday reported a 62 per cent increase in consolidated net profit to Rs 211 crore for the March quarter. Its net profit stood at Rs 130 crore in the year-ago period. Total income fell to Rs 2,177 crore during the fourth quarter of the last fiscal year from Rs 2,218 crore in the corresponding period of the preceding year. During the 2024-25 fiscal year, GNFC's net profit increased to Rs 597 crore from Rs 497 crore in the preceding year. Total income declined to Rs 8,393 crore last fiscal year from Rs 8,399 crore in the 2023-24 financial year. Commenting on the results, T Natarajan, Managing Director of GNFC, said, "The improved results are attributable to improved volumes apart from lower feed and fuel prices helping margin improvement. At Dahej complex, the shutdown period impacted the sales volumes." In case of fertilisers, he said the positive support of central government in announcing supportive NBS (nutrient based
Vedanta group firm Hindustan Zinc Ltd (HZL) is likely to begin the operation of its fertilizer manufacturing plant in Rajasthan by the next financial year, company's chairperson Priya Agarwal Hebbar has said. The company is making its entry into fertilizer production by setting a 0.5 million tonnes (MT) per annum manufacturing plant at Chanderiya in Chittorgarh district of Rajasthan. "Diversification is central to our growth strategy. Last year, we commissioned a 30 KTPA zinc alloy plant, significantly expanding our value-added products (VAP) portfolio. Including alloys, VAP now contributes 22 per cent to our total business. We are also entering the fertilizer segment with a (diammonium phosphate/nitrogen, phosphorous and potassium) plant expected to become operational by FY27," she said in a recent letter to shareholders. The plant aims to support farmers' needs through production and sale of DAP fertilizer currently being imported, according to the company's Q4 investor ...
There is a need for structuring a comprehensive and fool-proof set of incentives for farmers to voluntarily adopt non-chemical fertiliser-based farming practices, agriculture secretary Devesh Chaturvedi has said. Addressing an event organised by policy research institute Pahl India Foundation (PIF), Chaturvedi, secretary in the Department of Agriculture & Farmers' Welfare, also suggested that natural farming need not to remain confined to a niche market and said it should be mainstreamed so as to make nutritional products available for the common people. Also speaking at the event, former NITI Aayog Vice Chairman Rajiv Kumar said that to achieve nutritional, ecological and health security, a paradigm shift in agriculture is necessary and rigorous empirical research is needed to establish the viability of non-chemical farming in this regard. Harpinder Sandhu of Federation University, Australia, and Aditi Rawat, PIF, presented a methodology for a pan-India study to assess the ...
Coromandel International share price: Shares of Coromandel International, one of the flagship companies of Murugappa group, hit a new high of ₹2,338 today
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 ...