Page 2 - Fertilizers

Mangalore Chemicals and Fertilizer Q2 net profit falls 28% to Rs 29 crore

The company on Tuesday reported a 28.57 per cent decline in its net profit

DAP fertiliser crisis may pinch farmers, put pressure on govt finances

The severe shortage of a critical rabi season fertiliser is likely to pinch farmers and put pressure on government finances

Khattar holds high-level meeting to review availability of DAP fertilisers

Haryana Chief Minister Manohar Lal Khattar on Sunday held a meeting to review the availability and demand of di-ammonium phosphate (DAP) fertilisers

Complex fertiliser crunch to stay if subsidy support isn't eased: Industry

Alternatively, non-DAP complex fertiliser makers will take a hit on their margins by not passing on the increased cost of production to the final consumer--the farmer

Complex fertiliser prices rise as supplies fall short ahead of rabi sowing

Reports say Centre is contemplating another round of subsidy support

Europe's energy woes hit fertilizers in another threat to food

Higher costs of the key farming input risk further exacerbating global food inflation at a time when hunger is on the rise.

One stuck box of fertiliser shows the global supply chain crisis

From the US to Sudan to China, container boxes have been lying at ports, railyards and in warehouses as the pandemic rages on

Need food, farm subsidy reforms to improve fiscal position: Finance Secy

Finance Secretary T V Somanathan on Tuesday underlined the need for improving the fiscal position of the government through reforms in farm, food and fertilizer subsidies

India Pesticides' listing puts spotlight on agro-chem stocks. Time to buy?

Analysts at Sharekhan expect high double-digit earnings growth for agri input companies over the next couple of years

The pluses and the potential pain points for farmers in the upcoming season

While the govt has moved fast on cash support and hike in fertiliser subsidy, the spike in rural Covid cases and tapering yields could hurt

Deepak Fertilizer, GSFC: Fertilizer stocks may soar 16% on subsidy push

A sharp rally in fertilizer stocks on Thursday on hike in subsidy has opened doors for more upside in the coming days

Fertiliser stocks gain as government hikes subsidy; Chambal, RCF rally 9%

ICICI Securities does not expect the reduction in prices to have a major impact on the balance sheet of fertiliser companies

AIMIM MP Imtiaz Jaleel seeks slash in fertiliser prices; writes to Tomar

Lok Sabha member and AIMIM leader Imtiaz Jaleel on Wednesday wrote a letter to Union Agriculture Minister Narendra Singh Tomar, demanding that the prices of fertilisers be slashed. On Tuesday, NCP chief Sharad Pawar had also written a letter to the Centre, requesting it to reconsider the price hike of fertilisers. In his letter, Jaleel, who represents Aurangabad Lok Sabha constituency, said that farmers in Aurangabad district have to deal with the vagaries of nature, like drought, excess rains or unseasonal showers. In addition to that that, the district has been facing a serious pandemic situation. The farmers also have to face a rise in fertilizer prices. This hike has come at a time when the agriculture yield has come down, he said. Therefore, the government should curtail the prices of fertilizers and make the supply smooth by making it available in large quantities, the parliamentarian said in the letter.

Rising prices of fertilisers worry farmers in Aurangabad district

Farmers in Maharashtra's Aurangabad district have raised concern over the rising prices of fertilisers amid the grim COVID-19 situation and sought help from the government ahead of the upcoming sowing season. When contacted, state Agriculture Minister Dada Bhuse told PTI that they have written to the central government to reduce the prices of fertilisers. Notably, the Centre recently said it is considering subsidies to offset rise in global prices of raw materials of phosphatic and potassic (P&K) fertilisers in a bid to ensure their availability to farmers at subsidised rates across the country. The government said it was taking all necessary steps to safeguard the interests of farmers during the COVID-19 crisis. Farmer Deepak Joshi from Devgaon in Paithan said the rising prices of fertilisers have upset his farming budget. He said his crop yield last year got sold at lower prices than normal as there were no buyers due to the coronavirus-induced lockdown. "Governme

Capacity expansion, new launches to drive growth for Rallis India

While revenue growth was robust in Q4, weak mix, costs dented profits

Fertiliser shares in focus; Deepak Fertilisers, RCF rally over 10%

With the forecast of normal monsoons and the rollout of Covid vaccination programme in the coming months, CARE Ratings expects economic activities to normalize during FY22

How DCT can help the fertiliser sector deal with main challenges

These challenges can be substantively tackled if the design of DCT is optimal

Eight core industries' output up 0.1% in January

The rise came on the back of growth in the production of fertiliser, steel and electricity

Additional Budget allocation to wipe out fertiliser subsidy backlog: Ind-Ra

The credit metrics of fertiliser manufacturers in general and urea manufacturers in particular are likely to improve meaningfully in FY22, India Ratings and Research (Ind-Ra) said on Friday

Competition Commission approves Indo Gulf Fertilizers-Indorama deal

CCI said it has cleared the proposed acquisition of Indo Gulf Fertilizers by Indorama India Private Ltd