Iran conflict impacts fertiliser prices and Kharif outlook
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The ongoing conflict involving the US, Israel, and Iran is causing significant supply chain disruptions and rising inflation. Farmers like Mahendra Kumar in Madhya Pradesh are facing severe fertiliser shortages ahead of the Kharif season, with urea prices soaring from ₹280 to ₹1,100-1,200 per bag in the black market. DAP prices have also jumped from ₹1,300 to ₹2,100-2,200 per bag, raising concerns over farm viability.
Not investment advice. For informational purposes only.