Coronavirus: Spurt in fertiliser import costs seen due to plant closure

Exporters not to worried for now, say concerns may kick in only if virus spread isn't controlled; leather sector stand to gain.

While the outbreak of the coronavirus has caused a great deal of panic in the financial markets, Indian exporters believe they would have reason to worry only if the situation in China deteriorates further and the virus isn't brought under control in the near future. The real impact on trade with China will be known after February 8, when the Chinese New Year holidays end.

That said, many New Year celebration events have been cancelled across China, following reports of coronavirus spreading and claiming more lives.

Fertiliser imports may cost more

Fertilisers, organic chemicals, and plastic material are among the top five Indian