Our channel checks in the state of Rajasthan indicate that agrochemical placement for Kharif season have been ~20% higher YoY till date for the industry. So far, deficit rainfall has impacted herbicide liquidation however post healthy showers in the last 3-4 days channel partners are hoping for surge in demand. Infestation of Thrips and whitefly has increased. Cotton (up 34% till date), Oilseeds (up 11%) and Coarse Cereals (up 4.6%) acreage are expected to expand while pulses acreage (down 7% till date) is expected to decline. Industry has now tightened its credit policy for untimely...