Sales of fertilizers in India has dropped to 6.9mn tonnes in August this year, in comparison with 7.6mn tonnes in 2019 during the same period. Sales of urea, Diammonium Phosphate (DAP) , Nitrogen Phosphorus Potassium (NPK) , Muriate of potash (MOP) and Single Super Phosphate (SSP) have reportedly fallen. 

 

However, fertilizer sales had beaten 2019 figures by 42 percent in January-July, 2020, before plummeting again in  August.

 

 

Phosphates-based products such as DAP and NPK sales at 923,000 tonnes and 1.3mn tonnes in August, eclipsing last year’s levels. But sales of urea, the most widely consumed fertilizer in India, were 4.01mn tonnes last month, down from 4.67mn tonnes a year earlier.

 

Ample rainfall and additional acreage for cultivation had pushed domestic fertilizer sales in the beginning of the year. 

 

Crop sowing this Kharif season, running from April-September, was at 102mn hectares by mid-August, up by 8.5 percent on a year earlier.

 

August fertilizer sales had, however, begun to slow down. 

 

 

 

source: Argus Media