China Resumes Fertilizer Exports to India, Easing Supply Crunch

According to the article, India is poised to receive consignments of specialty fertilizers from China in the next 20-25 days, following assurances made by China's foreign minister during his recent visit to New Delhi. This development is expected to ease the supply disruptions that have plagued the country for months.

In addition to the specialty fertilizers, India is also likely to receive fresh shipments of urea and di-ammonium phosphate (DAP) from China within the next two weeks. These imports are timed to arrive ahead of the rabi sowing season, when timely fertilizer availability is critical for the farm sector.

The resumption of fertilizer supplies from China is seen as a positive step, as it will help alleviate the pressure on supplies and prices that the Indian agricultural industry has been facing. Specialty fertilizers, which account for around 3-5% of the country's total fertilizer market, are particularly important for high-value crops.

The article notes that India is significantly dependent on raw materials and finished specialty fertilizers from China and other countries, and the recent supply disruption had forced Indian companies to source these products from alternative suppliers. The expected resumption of imports from China is expected to ease this situation.

The development is also seen as a sign of warmer bilateral engagement between India and China, as the Chinese foreign minister had given assurances on addressing India's concerns in several sectors, including fertilizers, rare earths, and tunnel boring machines.