Agricultural #urea#fertilizer
First Urea Vessel for India Sails via Hormuz, Set to Reach East Coast in 7-9 Days
The first of 16 stranded fertilizer vessels has begun sailing via the Strait of Hormuz and is expected to reach an Indian east coast port in 7-9 days. Industry sources said 7 more urea ships will depart in the coming days, with all 3 lakh tonnes of imported urea likely to arrive by July 15. Meanwhile, new tender rates have dropped sharply, with NFL's June 8 bids at $449/tonne west coast and $445/tonne east coast, far below April's $935/tonne.
Jun 19, 2026 1 source