15 India-bound ships carrying urea, DAP and sulphur cross Hormuz: Govt

๐Ÿ‡ฎ๐Ÿ‡ณ The Times of India (IN) —
15 India-bound ships carrying urea, DAP and sulphur cross Hormuz: Govt

AI Summary

India's fertilizer supply remains stable despite Middle East conflicts disrupting some shipping lanes. Fifteen ships carrying urea, DAP, and sulphur successfully crossed the Strait of Hormuz, while domestic production met targets to cover over half of annual demand, supporting farmers amid global price pressures.

Despite Middle East conflict disruptions, India's fertilizer supply remains robust. Most shipments successfully navigated the Strait of Hormuz, while domestic production surpassed targets. Proactive planning, diplomatic outreach for new sources, and full restoration of natural gas to plants ensured uninterrupted availability, safeguarding farmers' interests against global price hikes. Ample stocks cover over 51% of annual demand.

Politics Markets Commodities Shipping fertilizer India Strait of Hormuz shipping urea DAP sulphur agriculture

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