Fertilizer cargoes reach India, easing supply concerns
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- The shipments include
- 332,000 metric tons of urea
- 257,000 metric tons of DAP
- 111,000 metric tons of sulphur
Fifteen India-bound fertilizer vessels have crossed the Strait of Hormuz, alleviating supply concerns for farmers. The shipments include 332,000 metric tons of urea, 257,000 metric tons of DAP, and 111,000 metric tons of sulphur. This timely arrival supports domestic fertilizer stocks ahead of increased agricultural demand. 🌾
The Ministry of Chemicals and Fertilizers confirmed that the vessels are on schedule, which may stabilize fertilizer prices in the near term.
Not investment advice. For informational purposes only.