India Sees Surge in Urea, DAP Sales After West Asia Conflict, Maintains Adequate Stock for Kharif Season
India experienced a notable increase in sales of urea and DAP fertilisers between March and May, due to the West Asia conflict. Despite this spike, India maintains sufficient fertiliser stocks to meet Kharif season demands, with government imports supplementing domestic supply.
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- India
In the wake of the West Asia crisis, India recorded a significant uptick in the sales of urea and di-ammonium phosphate (DAP) fertilisers during the March to May period. Fertiliser Secretary Rajat Kumar Mishra highlighted that the nation holds adequate stock to cater to the forthcoming Kharif season.
During a recent national conference, Mishra revealed that the domestic market saw an increase in urea sales to 50.59 lakh tonnes, up by 4.58 lakh tonnes compared to the same period last year. Similarly, DAP sales rose to 12.49 lakh tonnes. These elevations were predominantly observed in regions such as Maharashtra, Haryana, and Punjab among others.
Despite the surge, current stocks of urea, DAP, and other fertilisers are robust, with concerted government efforts to ensure continuous supply through both domestic production and imports, backed by dialogues with international missions to combat rising global prices.
(With inputs from agencies.)
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