UREA SALES
Fertilizer sales likely to rise as crop area expected to expandIndian Farmers Fertiliser Cooperative Ltd (Iffco) spokesperson said, the estimated demand for urea is 18.3 million tonne, which is 80,000 t...
- Urea consumption, imports and subsidy likely to rise this year
Consumption of urea is directly related to subsidy burden on the government, which provides for over 70% on the cost of urea. The governmen...
- Expected hike in urea sales to raise subsidy bill
Consumption of other chemical crop nutrients such as diammonium phosphate (DAP) and muriate of potash (MOP) is also likely to be slightly h...
- Fertiliser sales jump 83% to 111.61 lakh tonnes in Apr-June: Govt
Urea sales increased by 67 per cent to 64.82 lakh tonnes while the demand for DAP jumped two-folds to 22.46 lakh tonnes during the period u...
- Low fertiliser price to push sales in the ongoing planting season
“Domestic prices of Diammonium phosphate (DAP) and nitrogen, phosphorous and potash (NPK) have seen a drop as raw material prices in the gl...
- Cheaper gas to cut urea subsidy bill; to boost profitability of urea makers: Crisil Ratings
A steep fall in gas prices in sync with crude oil will reduce the urea subsidy bill of the government by a fourth, or over Rs 12,000 crore,...
- NFL Q3 profit up 3% at Rs 107 crore
The company recorded a growth of 23 per cent in total fertilizers sale at 16.65 lakh tonnes.
- Urea may come under NBS before direct cash transfer
Fixing NBS rate for urea will encourage balanced use of urea and bring in efficiency in the fertiliser industry by infusing competition. Th...
- NFL posts record fertiliser sales at 27 lakh tonnes in April-September
"Breaking all previous records, the NFL has achieved 27 lakh tonnes of fertiliser sales during the Kharif 2019 (April -September) season, w...
- Softening gas prices credit positive for urea sector: Report
The global natural gas price also witnessed correction in the recent months and the outlook for the same remaining benign, urea players wil...
- Government mulling over fixing nutrient-based subsidy rate for urea: Sources
The fertiliser ministry is thinking on fixing a NBS rate for urea also. "The modalities are under discussion," the source added.
- No shortage of urea for rabi season in Punjab
Punjab requires 12.50 lakh tonnes of urea in current Rabi season till 31st of January, 2019 against which 10.60 lakh tonnes of Urea has alr...
- Fertiliser industry’s outlook stable for urea players; P&K players performance under pressure
Demand for urea is expected to grow at a stable rate of 2-3% in-line with the long-term growth rate.
- No shortage of fertilisers, government tells Parliament
Govt said the Centre was encouraging establishment of bio-fertiliser production units by providing financial assistance to state government...
- Cabinet approves continuation of Urea subsidy via DBT
The Cabinet Committee on Economic Affairs approved the proposal of Department of Fertilisers to continue urea subsidy scheme from 2017 up t...
- Tata Chemicals completes sale of urea business to Yara Fertilisers
The company has received the consideration of Rs 2,682 crore (subject to post completion working capital adjustments) from Yara on January ...
- Primary fertiliser sale was lower by nearly 7% in FY 2017: ICRA
The fertiliser sector was favourably impacted by lower raw material prices in FY2017 leading to margin expansion in FY2017.
- Tata Chemicals urea biz sale to boost credit profile: Fitch
Fitch expects TCL to use the divestment proceeds to repay debt and to fund capex. Hence, consolidated interest expenses would also decline ...
- Urea sales likely to see marginal drop this kharif season
India may see a marginal drop in urea sales for the first time in five years owing to poor offtake during the ongoing kharif season.
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