Fifteen of 20 India-bound fertiliser ships have safely passed the Strait of Hormuz. Domestic urea production also exceeded targets from April to June, ensuring adequate fertiliser availability for farmers during the kharif season.
India anticipates reduced fertilizer use this Kharif season due to a below-normal monsoon forecast. Urea demand is down to 190 lakh tonnes and DAP to 60 lakh tonnes. Despite rising global prices, India is importing urea and has surplus stocks of rice, wheat, and pulses.
India's Agriculture Ministry launches a contingency plan for the upcoming kharif season, focusing on seed buffers, water management, and district-wise crop strategies to mitigate a projected deficient monsoon and potential El Nino impact.
