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India likely to boost urea imports beyond 17 LT as tender prices plunge over 50%
Following significantly lower-than-expected bids for National Fertilizer Ltd (NFL)’s recent 1.7-million-tonne urea import tender, the Indian government is reportedly weighing plans to increase its purchase volume, provided suppliers match the current rates.
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economictimes.indiatimes.com
Urea imports may get 50% cheaper before kharif season as China eases supplies
India is set to import urea at significantly lower prices. This development follows a sharp decline in global urea rates after a recent spike. The reduced import cost is expected…
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thehindubusinessline.com
India fertilizer offers sink in sign of easing supply strain
India's fertilizer offers signal easing supply strain, with prices dropping significantly compared to earlier highs amid shifting market dynamics.
