India’s fertiliser supplies for Rabi season remain on track despite Strait of Hormuz disruptions
India’s fertiliser supplies for the upcoming Rabi season appear secure despite continuing disruptions around the Strait of Hormuz, with the country’s latest urea import tender attracting bids well above the required quantity, signalling easing supply concerns ahead of the winter sowing season, according to industry executives and analysts. India requires around 39 million tonnes of urea annually but produces about three-fourths of its requirement domestically. (File Photo/HT) The development comes at a crucial time as fertiliser companies typically lock in imports during August so that cargoes reach Indian ports in September and October, just ahead of peak Rabi (winter sowing season) demand. Rashtriya Chemicals and Fertilizers Ltd (RCF) on July 29 floated a tender to import 1.7 million tonnes of bulk urea— 1 million tonnes for the west coast and 0.7 million tonnes for the east coast — excluding suppliers from sanctioned countries. The bidding closed on August 11 and attracted bids for substantially more than the required quantity for September deliveries, according to market insiders cited by Swati Mathur, associate director, agribusiness consulting, S&P …






