Fertiliser stocks at record high, insulated from Middle East supply risks: Govt

- Advertisement -
- Advertisement -

NEW DELHI, March 6: India’s fertiliser inventories have surged to their highest level ahead of the kharif (summer) crop season, the government said on Friday, seeking to reassure farmers and markets that domestic supplies remain unaffected by geopolitical tensions roiling West Asia and the Strait of Hormuz.

Total fertiliser reserves stood at 177.31 lakh tonnes as of Friday, up 36.5 per cent  from 129.85 lakh tonne a year earlier, the Department of Fertilizers said in a statement.

- Advertisement -

“Farmers are the priority of the government, and their interests will not be compromised under any circumstances,” the department said.

Farmers have been urged to proceed with kharif preparations without panic. Sowing of kharif crops like rice begin with the onset of southwest monsoon from June.

Stocks of urea — the most consumed fertiliser and one heavily dependent on natural gas feedstock — stood at 59.30 lakh tonne. Diammonium phosphate (DAP) inventories were at 25.13 lakh tonne, while NPKS fertilisers reserves reached 55.87 lakh tonne.

The government said it has imported 98 lakh tonne of finished fertilisers up to February 2026. A further 17 lakh tonne of shipments are already lined up for delivery over the next three months.

- Advertisement -

Indian companies have also secured long-term supply agreements with major international producers for phosphatic and potassic (P&K) fertilisers to guard against regional pricing and supply volatility, the statement said.

On concerns over LNG supply disruptions, the department said gas allocation to the fertiliser sector has been accorded top national priority following a high-level review meeting.

Fertiliser companies have also agreed to prepone scheduled plant shutdowns for maintenance to March, the department said, adding that the move will allow firms to utilise the period of global disruption productively without affecting peak-season output.

The Department of Fertilizers, in coordination with the Ministry of Petroleum and Natural Gas, is monitoring the global energy situation in real time and stands ready to take swift action as circumstances evolve, it added. India is the world’s second-largest consumer of fertilisers and relies heavily on imports for DAP and potash, making it vulnerable to disruptions in key shipping lanes including the Strait of Hormuz. (PTI)

- Advertisement -
The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
Latest news
Related news
- Advertisement -