SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India’s total fertilizer import stood at 49 lakh tonnes for the period April to July 2011

16 Aug 2011 Evaluate

During the first four months of current financial year India imported around 18.4 lakh tonne of urea and around 30.64 lakh tonne of other fertilizers, which includes di-ammonium phosphate (DAP) and muriate of potash (MOP), while in the last fiscal year, India had imported around 66.10 lakh tonnes of urea and 131.78 lakh tonnes of other fertilizers.

During April to July 2011, India has imported around 20.16 lakh tonne of DAP as against 74.11 lakh tonne in the last financial year. Import of MOP in April to July 2011 stood at 3.05 lakh tonne from 45 lakh tone in last fiscal year. Till July 2011, India had imported around 1.06 lakh tonne of MAP (mono-ammonium phosphate) and 6.37 lakh tonnes of various grades of NPK complexes.

To meet its domestic demand for fertilizers India mainly imports fertilizers from countries such as Belarus, Canada, China, Chile, Egypt, Germany, Iran, Israel, Jordan, Libya, Morocco, Oman and Russia. India’s domestic production of urea is around 210 lakh tonnes.

In order to encourage the production of phosphatic and potassic (P&K) fertilizer in India, government has reduced custom duty on phosphoric acid, from 5% to 2%. The phosphoric acid is an important ingredient for P & K fertilizers. In order to increase the production of P & K fertilizers such as such as DAP and MOP, the government also announced a Nutrient Based Subsidy (NBS) on P&K fertilizers. In the start of this month, a Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee had approved a recommendation of deregulating urea prices and bring it under the NBS policy.

According to the proposal, the government has decided to raise urea prices by 10% in the first year of the policy, after that industry would be free to deicide the prices. Currently, urea continues to be under government regulation by the New Pricing Scheme III (NPS-III). NPS-III has been extended temporally until the next orders.
 


About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×