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POTASH MARKET
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Amid renewed ties between India and Canada, energy cooperation in focus: Christopher Cooter, Canadian High CommissionerCanada is ramping up its infrastructure to facilitate energy exports to India, with LPG shipments slated to commence by 2027. Moreover, the...
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Govt floats mega fertiliser tender, seeks 85 MT of nutrient imports to bolster reserves ahead of main planting seasonIndia has floated a global tender to import 50 million tonnes of NPK fertilisers and 35 million tonnes of ammonium sulphate to strengthen n...
India expects annual fertiliser subsidy bill to rise by 20%India's fertilizer subsidy bill is set to rise by 20% this financial year. This increase is driven by higher prices caused by the Middle Ea...
India to purchase fertilizer at nearly double pre-war priceIndia is set to purchase urea fertilizer at significantly higher rates. This comes as the Middle East conflict impacts global supplies. Ind...
Uncertainty grips international potash markets after the arrest of Uralkali's CEOICIS, the world’s largest market information provider in the petrochemical, energy and fertilizer space has observed continued uncertainty.
- Uralkali expects India to sign new potash contracts in January-March
India, one of the world's biggest importers of muriate of potash (MoP), imports about 4-5 million tonnes of the soil nutrient every year.
- Uralkali to decide benchmark prices of international potash on the basis of Indian market instead of China
Normally, contracted deliveries of potash fertiliser via the sea route are viewed as the benchmark for rest of the world.