India NPK Statistical Update

August fertilizer statistics released by the Fertilizer Association of India (FAI) indicated both DAP shipments and imports recovered from a slow July, and both metrics topped the same period a year ago. However, YTD shipments since the start of the fertilizer year in April total just 2.9 million tonnes, about 23% behind last year. YTD DAP imports of 3.1 million tonnes are also off 23% from a year ago. MOP imports so far this fertilizer year are down about 30% to 1.3 million tonnes, according to FAI.

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