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Industry sales up 16% YoY in December driven by Urea (+14% YoY), DAP (+24%) and NPK (35%). Total Industry volume is up 16% to 5.9 mn tons. Urea/NPK/DAP sales are @ 3.9 mn tons/0.95 mn tons/0.7 mn tons. SSP volumes grew 10% to 0.3 mn tons. Domestic manufacturing sales are up...

acute distress, farmers are hopeful of reversal in fortunes in the next 6 ambershukla@plindia.com | 91-22-66322426 months on the back of plentiful monsoon which led to 23% YoY surge in visitor turnout to 155,597 (v/s decline 7.4% YoY in 2018). While the event was buzzing with huge farmer turnout, exhibitors count reduced, albeit marginally to 531 from 541 in 2018 indicating cautiousness in spending by corporates. Total exhibitor's area further reduced by 18% YoY to 14,009 sq.mt in 2019 (down 10% YoY in 2018). Higher footfall led to increased enquires for all sorts...

acute distress, farmers are hopeful of reversal in fortunes in the next 6 ambershukla@plindia.com | 91-22-66322426 months on the back of plentiful monsoon which led to 23% YoY surge in visitor turnout to 155,597 (v/s decline 7.4% YoY in 2018). While the event was buzzing with huge farmer turnout, exhibitors count reduced, albeit marginally to 531 from 541 in 2018 indicating cautiousness in spending by corporates. Total exhibitor's area further reduced by 18% YoY to 14,009 sq.mt in 2019 (down 10% YoY in 2018). Higher footfall led to increased enquires for all sorts...

Total Industry volume is up 18% to 6.4 mn tons in September. Urea/DAP sales are up 24%/14% YoY to 3.2 mn tons/1.3 mn tons. NPK sales grew 9% to 1.2 mn tons. SSP volumes are flat at 0.4 mn tons. Domestic...

Total Industry volume is up 18% to 6.4 mn tons in September. Urea/DAP sales are up 24%/14% YoY to 3.2 mn tons/1.3 mn tons. NPK sales grew 9% to 1.2 mn tons. SSP volumes are flat at 0.4 mn tons. Domestic...

Kharif sowing is down by 7% till date to 567 lakh Ha driven by below Detailed sowing status till date normal/deficit rainfall (16% below normal till date) in most of the states Karnataka (down 27%), Haryana (down 23%). 42% of total districts in India...

Crop Sowing has been delayed by ~20 days (right from seeds to pesticides). Post rain spells in the last week of June, seed sales are nearing completion whereas enquiries for pesticides are picking up. Cotton acreage is expected...

Crop Sowing has been delayed by ~20 days (right from seeds to pesticides). Post rain spells in the last week of June, seed sales are nearing completion whereas enquiries for pesticides are picking up. Cotton acreage is expected...

Bureau of Metrology (Australia) expects that the immediate likelihood of El Nino developing has passed and its ENSO (El-Nino Southern Oscillation) Outlook has now turned INACTIVE. Indian Ocean Dipole (IOD) is also turning positive. The positive commentary comes in the backdrop of massive (but expected) rainfall deficit of 43% in June (till 19th). Even according to Skymet's initial monsoon forecast, after deficit rainfall in June, Monsoon is expected to gain strength in July and subsequent months. We continue to maintain that timing and spatial distribution of rainfall over the entire 4 months of monsoon...

Bureau of Metrology (Australia) expects that the immediate likelihood of El Nino developing has passed and its ENSO (El-Nino Southern Oscillation) Outlook has now turned INACTIVE. Indian Ocean Dipole (IOD) is also turning positive. The positive commentary comes in the backdrop of massive (but expected) rainfall deficit of 43% in June (till 19th). Even according to Skymet's initial monsoon forecast, after deficit rainfall in June, Monsoon is expected to gain strength in July and subsequent months. We continue to maintain that timing and spatial distribution of rainfall over the entire 4 months of monsoon...