Page 6 - Fertilizers
Nano liquid urea cheaper, better, saves govt subsidy: Mansukh Mandaviya
Minister for Chemicals and Fertilisers Mansukh Mandaviya on Thursday stressed on the need to promote nano liquid urea in place of conventional granular urea, saying that it is better, cheaper, convenient and will help the government in saving a huge amount of subsidy. In June 2021, cooperative IFFCO launched nano urea as an alternative to conventional urea. It has also set up manufacturing plants to produce nano urea. IFFCO is selling nano urea at Rs 240 per bottle of 500 ml, which can replace one bag of conventional urea of 45kg costing around Rs 265. There is no government subsidy on nano urea. While virtually interacting with four farmers and two owners of Pradhan Mantri Kisan Samruddhi Kendras (PMKSK) from different states, Mandaviya enquired about the availability of various fertilisers including nano urea and also whether farmers were getting other advisory services at these centres. Under an scheme, around 3 lakh retail fertiliser shops in the country are getting converted i
TMS Ep325: Paytm Share Buyback, Fertiliser Prices, Markets, Nuclear Fusion
Will the share buyback revive Paytm's fortunes? Will rising fertiliser prices hamper India's inflation battle? Is the worst over for the cement sector? Why is nuclear fusion in the news? Answers here
Will rising fertiliser prices hamper India's inflation battle?
Retail inflation in India has finally come under the comfort zone of the RBI. But the relief may be short-lived, as high global fertilizer prices can affect India's food inflation in the long run
Inorganic fertiliser manufacture requires prior envt clearance: NGT
The National Green Tribunal has clarified that the manufacture or production of inorganic fertilisers required environmental clearance and added that such chemicals were covered under the Environmental Impact Assessment notification of 2006. The Environmental Impact Assessment (EIA) notification imposes certain restrictions and prohibitions on new projects or activities or the expansion or modernisation of existing projects, unless prior environmental clearance has been obtained. The tribunal observed that merely because an erroneous stand regarding inorganic chemicals was taken by the Union Ministry of Environment, Forests and Climate Change in an earlier case, it could not be grounds to accept the petitioner's contentions. The NGT was hearing a petition filed by a private company for clarification that its products -- Potassium thiosulfate and Calcium, classified as liquid fertilisers -- did not fall under the notification. The petition further said that on representation made to
Soaring prices could trigger up to 17% upside in these 5 fertiliser stocks
The overall trend in the fertiliser space remains bullish, with stocks like Chambal Fertilizers & Chemicals, Aries Agro and National Fertilizers indicating strong upside ahead
Govt seeks approval for Rs 4.36 trillion additional spending in FY23
Fertiliser, food subsidies, payments to OMCs for LPG dominated supplementary demand
Nano DAP might hit the market by the next kharif season, says official
Single superphosphate to be included in 'One Nation, One Fertiliser' scheme in the next few months
Centre tells fertiliser companies, states to promote Nano urea use
At present, the capacity of Nano urea is 50 million bottles per year
Fertilizer shares in focus: RCF, GNFC, GSFC, NFL, Chambal surge up to 12%
Shares of RCF, NFL, GSFC, GNFC, Chambal Fertilisers, and Zuari Agro Chemicals were up between 5 per cent and 12 per cent
Discounts lift Russia's fertiliser exports, becomes top supplier to India
The surge in Russian supplies halved China's exports to India to 1.78 million tonnes in the first half of 2022/23
Blocked Russian fertiliser to be shipped out to avoid food insecurity: UN
Nearly 11.2 mn tons of essential foodstuffs have been shipped from three Ukrainian ports since the Black Sea Grain Initiative was signed on July 22 by Turkey, Ukraine, Russia and the United Nation
Wheat acreage till Nov 18 up 15% YoY, record open market prices spur sowing
Centre refutes the assertion of artificial shortage of fertilisers in country
UN officials report progress on Russia's grain and fertiliser exports
Top U.N. officials updated a high-level Russian delegation Friday on progress to facilitate Russia's exports of food and fertiliser to global markets which have faced obstacles under an expiring wartime deal that has enabled Ukraine to ship over 10 million metric tons of grain from three Black Sea ports. U.N. humanitarian chief Martin Griffiths and U.N. trade chief Rebeca Grynspan, who has been in charge of the Russian side of the agreement, informed the Russian team led by Deputy Foreign Minister Sergey Vershinin on steps taken to address key Russian issues -- facilitating payments, shipping, insurance for shipments of its grain and fertiliser and getting access to European Union ports, U.N. associate spokeswoman Stephanie Tremblay said in a statement. The meeting took place ahead of the Nov. 19 expiration of the separate agreements with Russia and Ukraine brokered by the U.N. and Turkey and signed in Istanbul on July 22. Russia briefly suspended its participation in the deal two .
Cabinet hikes ethanol prices, approves subsidy for non-urea fertilisers
The industry has on several occasions told the government the price of ethanol produced from sugar juice or syrup should be based on returns on equity
UPL Ltd Q2 net profit up 25.19% on robust sales despite Ukraine impact
Agro-chemicals maker UPL Ltd on Tuesday posted a 25.19 per cent jump in its consolidated net profit at Rs 969 in the second quarter of FY23 on strong sales, despite some impact faced due to the Russia-Ukraine crisis. The company had posted a consolidated net profit of Rs 774 crore during the second quarter previous year. "Due to ongoing war between Russia and Ukraine, and the sanctions in the region, the Group's business has been impacted to some extent," the company said in a regulatory filing. The Group is having approximately Rs 86 crore of inventory and Rs 54 crore of receivables as on September 30 in this war affected region, it said, adding that the company is continuously monitoring the situation. "The Group continues to do business in these two countries and taking necessary steps to protect itself from various risk involved. Management is confident of realisation of these assets," UPL added. According to the filing, the company's net income rose 18.35 per cent to Rs 12,50
PM Modi launches single brand 'Bharat' for subsidised fertilisers
The Centre has started a new scheme - Pradhan Mantri Bharatiya Jan Urvarak Pariyojana - One Nation One Fertiliser - under which it is mandatory for companies to market all subsidised fertilisers under single brand 'Bharat'. The prime minister launched the single brand Bharat under the scheme during the two-day event PM Kisan Samman Sammelan 2022 being held here. This is being done to prevent criss-cross movement of fertilisers and reduce high freight subsidy. All subsidised soil nutrients - urea, di-ammonium phosphate (DAP), Muriate of Potash (MoP) and NPK - will be marketed under the single brand Bharat across the nation. Modi also inaugurated 600 PM Kisan Samruddhi Kendras (PM-KSK) that will act as a one-stop-shop for farmers who can buy products and avail multiple services related to the agriculture sector. The Centre intends to convert more than 3.3 lakh fertiliser retail shops in the country into PM-KSK in a phased manner. The PM-KSK will supply agri-inputs like seeds, ...
Centre to soon launch 600 Kisan Samriddhi Kendras to benefit farmers
Fertilizer shops to act as one-stop solution provider for all need of growers
UN pushes for global fertiliser price cut to avoid future supply crisis
The United Nations is pushing to cut the price of fertilisers to avoid a "future crisis" of availability, said a senior U.N. trade official
Hurricane Ian has potential for 'catastrophic' chemical leak in Florida
As Floridians board up their homes and businesses brace for Hurricane Ian's impact, environmental groups worry there's one big hazard that's been left exposed to storm damage
India's potash facing demand destruction as world reels from high prices
Potash consumption will probably fall to 3 million tons in the year through March 2023 from 5 million a year earlier
