West Asia fertiliser disruption may raise inflation risks for India despite adequate buffers: CareEdge
New Delhi, June 19 -- India remains exposed to a prolonged fertiliser supply disruption arising from the West Asia crisis, although its relatively comfortable external buffers could help cushion the impact, according to a CareEdge Global report.
The report, titled "Fertiliser shock: West Asia crisis crunches supply to Asia-Pacific", assesses the vulnerability of 14 Asia-Pacific economies to fertiliser-related disruptions stemming from tensions in West Asia and risks to shipping through the Strait of Hormuz.
CareEdge places India in the category of economies facing "high exposure" to fertiliser shocks, alongside the Philippines, citing the country's dependence on fertiliser imports, reliance on West Asian supplies, large agricultural sec...
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