Page 152 - CW E-Magazine (17-12-2024)

Fertilisers

FAI ANNUAL SEMINAR
Fertiliser industry demands price fi xation based on

nutritional value

To promote the balanced use of increased by 23.5%.
fertilisers, the fertiliser industry has These fi gures show that
demanded that the prices of ferti- the use of NP/NPK ferti-
lisers should be fixed based on its lisers has increased
nutritional value. Among non-urea with the decline in DAP
fertilisers, the price of diammonium sales. The fertiliser in-
phosphate (DAP) should be the dustry is considering
highest because it has the highest this a good sign. The
nutritional value. FAI Chairman attri-
buted the decline in
In a press conference prior to DAP imports to reduced
the annual conference of the Ferti- availability of DAP in the country and imports from China, geopolitical
liser Association of India (FAI), held said the situation has improved due tensions and problems in transporta-
in New Delhi on December 4, FAI to the import of DAP in October and tion through the Red Sea. Apart from
Chairman, Mr. N. Suresh Krishnan, November. Along with this, the this, imports were also affected due
emphasised the need for fi xing the consumption of other NPK fertilisers to limited DAP production capacities
prices of non-urea fertilisers based has also increased. in the global market and volatilities
on their nutritional value. Advocating in the international price.
a price hierarchy in fertilisers based At present, the price of DAP is
on nutritional value, Mr. Krishnan Rs. 1,350 per bag; MoP is priced at India meets more than 90% of
said that DAP should command the Rs. 1,500 to Rs. 1,600 per bag; NP its phosphatic fertilisers requirement
maximum price because of its high (20:20) is priced at Rs. 1,200-1,300 per through imports either in the form of
nutrient value. After DAP, the prices bag and NPK (12:32:16) is priced at raw materials or fi nished products.
of Muriate of Potash (MoP) MoP and Rs. 1,470 per bag. India’s annual demand for DAP is
other NP/NPK and SSP fertilisers around 100 lakh tonnes, of which about
should be fi xed according to the Reduction in production, import and 60 % is met by imports. Mr. Krishnan
nutritional value. This will promote sale of DAP added that DAP sales have increased
the balanced use of fertilisers. According to FAI data, during in November. Also, due to less cold in
April and October this year, the November, the Rabi sowing season will
The suggestion of keeping the price country’s DAP production declined be prolonged, which will help in meeting
of DAP high by the fertiliser indus- by 7.4% while DAP imports de- demand for DAP. After the Central
try has come at a time when reports creased by 29.8% compared to last Government announced new subsidy
of DAP shortages are coming from year. During this period, DAP sales rates for P&K fertilisers in September,
various parts of the country. However, declined by 25.4%, while MoP sales DAP imports have increased, which
the FAI Chairman claimed adequate increased by 24.7% and NPK sales will improve the availability.

Meghmani and HIL team up to market nano urea

Meghmani Crop Nutrition Ltd. forces our commitment to sustainable proud to contribute to sustainable
has announced a partnership with HIL agriculture, empowering farmers farming and reduce dependence on
(India) Ltd. to market nano urea across with innovative solutions that pro- chemical fertilisers. Our innovative
India under the brand name ‘HIL Nano mote eco-friendly farming prac- Nano Urea Plus solution supports
Urea Plus’. tices,” Meghmani said in a social the mission to ensure long-term food
media post. “Aligned with the security while nurturing the environ-
“This strategic collaboration rein- vision of PM-PRANAM, we are ment,” the statement added.

152 Chemical Weekly December 17, 2024

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