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The Hindu Business Line

India holds 163.65 lt of fertiliser stocks as of July 2, ramps up output to meet Kharif demand

AI Market Summary
India reports fertilizer stocks at 163.65 lt (43% of Kharif requirement) and higher-than-target domestic urea/DAP production, supported by natural-gas supply to urea plants restored to 100% and improving shipping flows through Hormuz. The update reduces near-term tail risk of supply disruptions and import bottlenecks tied to West Asia tensions, modestly easing risk premia linked to gas-dependent fertilizer output and related logistics.
Impact level
● Low
Affected assets
NCCONATURALGAS2USD/USDT+2.05%
AI Insight · NCCONATURALGAS2USD/USDTAI Insight
● Neutral
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India’s fertiliser stock stood at 163.65 lt as of July 2, covering 43% of Kharif-season demand. The government said natural gas supplies to urea plants have been restored to 100%, allowing factories to run at full capacity. It also said 15 imported fertiliser vessels have safely crossed the Strait of Hormuz, with five more in the pipeline. Officials said diversified imports, higher domestic output and adequate stocking are being used to keep supplies stable.
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