Latest news with #Di-AmmoniumPhosphate
India.com
a day ago
- Business
- India.com
When China betrayed, this leader helped India after one phone call from PM Modi, Indian farmers' wish fulfilled
When China betrayed, this leader helped India after one phone call from PM Modi, Indian farmers' wish fulfilled India has now started buying fertilizers in large quantities from other countries instead of China. In May, India's stock of DAP was 18 lakh tonnes against the requirement of 9.4 lakh tonnes. By Nivedita Dash Edited by Nivedita Dash Advertisement When China betrayed, this leader helped India after one phone call from PM Modi, Indian farmers' wish fulfilled India has always have a difficult relation with China. Be it at the borders or business. Recently, in order to trouble India, China suddenly reduced the sale of fertilizers. This comes at a time there was a huge jump in the prices of fertilizers in the global market and the prices started touching the sky. While there is no formal ban, China has effectively stopped exporting specialty fertilizers to India by delaying inspections of India-bound shipments, impacting Indian agriculture. How has China troubled India with fertilizer supply? Advertisement === India has been importing fertilizers from countries like China and Russia. But China has played a major role in the supply of DAP (Di-Ammonium Phosphate). But in the past months, Beijing started banning the export of DAP while talking about keeping the prices stable in its domestic market. It reduced the supply of DAP to India. The result of which was that the prices of DAP increased from $630 per ton to $800 per ton. In India, DAP is sold at the government price of Rs 1350 per 50 kg, but it is available more expensive in the open market. In such a situation, there is a huge burden of subsidy on the government. Who is helping India now? Advertisement === A friend in need is a friend indeed. Russian President Vladimir Putin himself has revealed that the request to send fertilizers came directly from India's top leadership and Russia met India's needs. President Putin has said that Russian fertilizer exports to India have been increased fourfold. Putin has revealed this during a meeting with Andrei Guryev, President of the Russian Fertilizer Producers Association. According to the report India has now started buying fertilizers in large quantities from Jordan and Russia instead of China. According to the Hindustan Times report, Kharif sowing, which takes place in June-July, requires the most fertilizers. In May, India's DAP requirement was 9.4 lakh tonnes against the stock of 18 lakh tonnes. However, a 42% decline was seen in the initial stock compared to last year. With the help of Russia, India has now been able to get the required stock.
India.com
6 days ago
- Business
- India.com
India hits China hard after Xi Jinping's betrayal, gets full support from THIS country, farmers to get..., country is..., not US, UK, Russia, Japan
Big move by Modi govt as India decides to work with this Muslim country to give tough competition to China, not Iran, Afghanistan, the masterplan is… New Delhi: In a major development, Indian fertilizer companies IPL, KRIBHCO, and CIL have signed an agreement with Saudi Arabia's Ma'aden company. The agreement pertains to the supply of DAP (Di-Ammonium Phosphate) fertilizer. As per the agreement, the company will supply 3.1 million tonnes of DAP fertilizer to India every year for the next five years. The agreement has come into effect from the current financial year. Both sides may extend the agreement for another five years through mutual consent. This deal was signed during an official visit to Saudi Arabia by India's Minister of Chemicals and Fertilizers, JP Nadda, and was finalized in his presence. China Imposed Ban In India, DAP is the second most widely used fertilizer after Urea. China has imposed a ban on the export of phosphate, which is an essential component for making DAP fertilizer. As a result, DAP production in India has declined. Additionally, China has also halted the shipment of specialty fertilizers from June 26. These specialty fertilizers are used to boost the yield of fruits, vegetables, and other crops. It is important to note that this agreement will make DAP fertilizer easily available to Indian farmers. The Kharif crop season is currently underway. A shortage of DAP at the beginning could have affected crop production. DAP fertilizer is used immediately after sowing. How is the trade between the two countries? Both India and Saudi Arabia have agreed to strengthen bilateral relations by including other essential fertilizers like urea along with DAP. J.P. Nadda said that this agreement will be highly beneficial for Indian farmers. It will ensure timely availability of fertilizers and improve crop yields. India imported 1.905 million tonnes of DAP from Saudi Arabia in the financial year 2025, which is approximately 17 percent more than the 1.629 million tonnes imported in the previous financial year 2024.
India Gazette
13-07-2025
- Business
- India Gazette
Union Minister JP Nadda reviews fertilizer collaboration during visit to Saudi Arabia's Ma'aden facility
Ras Al Khair [Saudi Arabia], July 13 (ANI): Union Minister of Health and Chemicals and Fertilisers JP Nadda visited Ma'aden's phosphate production facilities in Ras Al Khair, in Saudi Arabia's Eastern Province, on Sunday, engaging with its leadership to review ongoing collaborations between the two countries. Nadda is currently on an official visit to the Kingdom and is accompanied by senior officers and representatives of a number of fertiliser companies. During his visit to the facility, Nadda highlighted the discussions with the Chairman of Ma'aden's Phosphate Business, Hassan Al-Ali, focusing on the supply of Di-Ammonium Phosphate (DAP) and long-term fertiliser contracts crucial for India's agricultural sector. 'Visited Ma'aden's impressive phosphate production facilities in Ras Al Khair, Eastern Province, along with representatives from Indian fertilizer companies. We had detailed discussions with the leadership of Ma'aden's Phosphate Business, led by Chairman Mr. Hassan Al-Ali, to review the ongoing collaboration with Indian partners, particularly the supply of DAP and long-term fertilizer contracts that play a crucial role in supporting India's agricultural needs,' he stated in a post on X. Ma'aden is the leading mining and metals company in Saudi Arabia. During the visit, Nadda also interacted with Indian-origin professionals working at Ma'aden, highlighting the significant Indian diaspora in Saudi Arabia, noting that over 2.7 million Indians reside and work there while emphasising the deep-rooted affection for India among them. 'What truly stood out during the visit was meeting several Indian-origin professionals working at Ma'aden in different capacities. Speaking with them was a warm and enriching experience. Saudi Arabia is home to one of the largest Indian diasporas in the world, with over 2.7 million Indians living and working here. No matter where they are or what role they play, there's a deep-rooted affection for India that always shines through. It's always a joy to meet fellow Indians abroad. The shared stories, smiles, and sense of belonging are a reminder of how strong our global community truly is,' he added in the same post. Earlier on Saturday, the Union Minister engaged with the Chairman of the Saudi-India Business Council, Abdulaziz Al Qahtani, along with the business community in Dammam in the country's Eastern Province, with discussions on the expansion of the economic partnership between India and Saudi Arabia. In a post on X, Nadda stated that he had a 'fruitful meeting' with Al Qahtani and held an in-depth discussion on the growing economic partnership and increasing collaboration between companies from both nations. The Union Minister also highlighted the vast investment opportunities in India across sectors such as fertilisers, chemicals, and pharmaceuticals, encouraging Saudi businesses to participate actively in India's growth journey. 'Had a fruitful meeting with Mr. Abdulaziz Al Qahtani, Chairman of the Saudi-India Business Council, and engaged with key members of the vibrant business community in Dammam, Eastern Province. We had in-depth discussions on the growing economic partnership between India and Saudi Arabia, and the increasing collaboration between companies from both nations. Highlighted the vast investment opportunities available across diverse sectors in India--including fertilisers, chemicals, pharmaceuticals, and more--and encouraged Saudi businesses to actively participate in India's growth journey,' Nadda stated in the post. (ANI)
Express Tribune
27-02-2025
- Business
- Express Tribune
Govt to amend rules for DAP clearance
Complaints were being received that fertiliser companies and dealers were forcing farmers to buy di-ammonium phosphate (DAP) with urea. photo: FILE The federal government has decided to link the clearance of Di-Ammonium Phosphate (DAP) to Afghanistan under the bilateral transit trade to insurance guarantee, according to a draft of amendments to the Customs Rules 2001 issued by the Federal Board of Revenue. According to a document available to The Express Tribune, the FBR has asked the relevant stakeholders to submit their objection or suggestion on this amendment within three days, after which the amended Customs Rules would be implemented through a gazette notification.
