Topic
Commodities Chemicals
Commodities Two New Urea Plants to Boost India's Domestic Production, Reduce Import Dependence
India is set to add 25.4 lakh tonnes of annual urea production capacity with two new fertiliser plants expected to begin operations soon, a move the government says will strengthen domestic availability and reduce reliance on imports. Domestic urea production hit a record 314.07 lakh tonnes in 2023-24, up from 225 lakh tonnes in 2014-15. Despite geopolitical disruptions, the government maintains subsidised retail prices.
Commodities India's Fertilizer Prices Drop Amid Easing Supply Strain
India's latest fertilizer tender saw prices drop significantly, indicating an easing of global supply strains. National Fertilizers Ltd. received offers between $444.90 and $617 per tonne, a stark contrast to April's prices of $935 to $959 per tonne.
Commodities Balrampur Chini Mills Boosts India's Bioplastics with New Initiative
Balrampur Chini Mills Limited has launched the Bioyug Green Command 2026 to advance India's bioplastics ecosystem. This initiative aims to transition from conventional materials to sustainable alternatives, empowering farmers and strengthening domestic manufacturing.
Commodities Polymer Notes: India's Potential Shift in Currency Material
The Reserve Bank of India is exploring the introduction of polymer currency notes to improve durability and security. This move could significantly reduce printing costs and counterfeiting risks.
Commodities Fertilizer Subsidy Strain Amid Geopolitical Tensions
India's fertilizer subsidy is under pressure as 20% is exhausted within two months due to geopolitical tensions and a below-normal monsoon forecast. The government is taking steps to manage demand and ensure supply.
Commodities Telangana Seeks Exclusive Ramagundam Urea Allocation
Telangana Chief Minister A Revanth Reddy has requested the central government to allocate all urea produced at the Ramagundam Fertilizer factory to the state. This move aims to ensure sufficient fertilizer availability for the upcoming kharif season amid potential rainfall deficits.
Commodities India's New Coal Gasification Urea Policy to Boost Self-Reliance
India is set to unveil a coal gasification-based urea policy within a month, aiming to reduce reliance on imported natural gas. This policy will leverage domestic coal reserves, enhancing self-reliance and saving foreign exchange.
Commodities Fertilizer Raw Material Prices Surge Amid US-Iran Conflict
Fertilizer raw material prices have surged due to the US-Iran conflict, impacting Gujarat State Fertilizers & Chemicals Ltd (GSFC). However, government subsidies are expected to absorb the cost impact, protecting margins in key products like Urea and DAP.
Commodities Urea, DAP demand rises amid West Asia tensions
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