India’s urea production grew more than the target of 17.43 lakh million tonne (MT) in the month of November as it was at 0.26 lakh MT, even higher than government’s estimates of 17.69 lakh MT. Besides, government had to import 14.66 lakh MT of urea, 1.30 lakh MT from OMIFCO, Oman and 13.36 lakh MT from others, over and above the total production in November and dispatched approximately 20.98 lakh MT of both indigenous and imported urea to various states.
While availability of urea during the month of November 2011 was about 25.37 lakh MT which was adequate in all the states, sale of the fertilizer in the current season till the month under consideration was about 184.22 lakh MT, 5.49% higher as compared to sale of 174.63 lakh MT in the corresponding period of the previous year.
On the other hand, production of DAP had been less than the target by 1.6 lakh MT. Estimated production of DAP during the month was 2.27 lakh MT as against the target of 3.87 lakh MT. Besides, government had to import 6.70 lakh MT of DAP in the month and dispatched 14.32 lakh MT, which was adequate to meet the demand of the States.
Among other decontrolled fertilizers, availability of MOP during the month of November 2011 also was satisfactory at about 4.95 lakh MT. In addition 0.79 lakh MT of MAP, 1.15 lakh MT of TSP, 6.07 lakh MT of NPK and 9.08 lakh MT of MOP was imported to suffice the fertilizer need of the country.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: