New Delhi, March 6 -- Fertilizer availability for the upcoming kharif season, starting in June, will remain adequate despite global supply chain disruptions triggered by the US-Israel-Iran war and the blocking of the Strait of Hormuz, the Centre assured on Friday in a press statement.
The department of fertilizers said India has a strong inventory buffer, supported by advance stocking and relatively lower consumption during the lean season. Total fertilizer stocks have risen 36.5% year-on-year to 17.73 million tonnes (mt) as of 6 March, compared with 12.98mt a year ago, according to official data.
Stocks of key nutrients have increased significantly. Urea availability stands at 5.93mt, while DAP (diammonium phosphate) stocks have reache...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.