Assured import commitments for non-urea fertilisers

To ensure stability in the supplies of soil nutrients, India will be soon signing long-term deals with Morocco and Egypt for assured imports of non-urea fertilisers.

Sources said that the MoUs with these two countries would be for import of rock phosphate, a key raw material used in manufacturing of di-ammonium phosphate (DAP) and

nitrogen-phosphorus-potassium (NPK). Currently there are discussions going for assured export commitment of non-urea fertiliser such DAP and NPK from countries including

Senegal, Jordan, Israel, Oman, Russia, Canada and Saudi Arabia. Also read: Closely monitoring toy imports: CBIC “In the short term, we are focussing on signing

MoUs with Morocco and Egypt to secure long term deals for fertiliser imports,” an ministry official told FE. Nearly half of country’s DAP requirements are imported via

(mainly from West Asia and Jordan) while the domestic Muriate of potash (MoP) demand is met solely through imports (from Belarus, Canada and Jordan, etc). India also imports about

20% of its annual consumption of urea. Fertiliser minister Mansukh Mandaviya last week said that in the next two years India will be a price settler for fertiliser in

the global market. “We are increasing domestic production and making long term arrangements for imports with exporter countries. It will give us an opportunity to get

fertiliser at our price,” he said, citing that the import price of DAP had been brought down from $ 1000/ tonne prevailed in April, 2022 to around $ 750/tonne currently.