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Fertilizer Sales Dip: Farmers Report Inadequate Supply
30 Nov
Summary
- Fertilizer sales rose 6% initially, with Urea up 12% and DAP up 7%.
- Sales dropped 12% in the latter two weeks of November due to availability issues.
- Despite concerns, the government states Urea, MOP, and Complex fertilizer availability is comfortable.
Fertilizer sales in the first three weeks of November experienced a 6% increase, with Urea sales climbing 12% and Di-Ammonium Phosphate (DAP) sales rising by 7%. However, this positive trend was short-lived, as sales saw a 12% decrease in the subsequent two weeks. Farmers cited inadequate availability as a primary concern, despite official assurances.
The Ministry of Fertilizers has stated that the availability of Urea, MOP, and Complexes is comfortable. For DAP, stocks as of November 21st exceeded the projected requirement for the ongoing Rabi season. This indicates a sufficient supply to meet agricultural needs, countering farmer concerns about shortages.
Meanwhile, the crucial Rabi wheat sowing season is progressing well, with acreage up 20% year-on-year. Wheat prices remain stable, influenced by ample supply from the previous harvest. While DAP is essential for wheat and mustard cultivation, alternative fertilizers like Single Super Phosphate (SSP) are available for mustard crops.
