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India's Fertilizer Supply Secure Amidst Hormuz Standoff
15 Jun
Summary
- Sixteen India-bound ships carrying vital fertilizers are held in the Strait of Hormuz.
- The government assures no immediate concern for fertilizer availability in India.
- India has imported 5 million tons and seeks more for the sowing season.
Sixteen ships destined for India, carrying crucial fertilizers, are presently held up in the Strait of Hormuz. The vessels are loaded with approximately 330,000 metric tons of urea, 257,000 tons of di-ammonium phosphate, ammonia, and sulfur. Officials stated that this situation poses no immediate concern for India's fertilizer availability.
India has proactively imported 5 million tons of crop nutrients to meet the demands of the current summer crop season. Furthermore, the country is looking to enhance its local production and has issued a global tender to import an additional 1.7 million tons of urea. The nation anticipates a total consumption of 38.39 million tons of fertilizers for the current harvest season.
