India seeks 2.5 million metric tons of urea amid Middle East supply amid Hormuz supply hit
India is boosting urea imports by 2.5 million tonnes to ensure domestic availability amidst global supply chain disruptions linked to Middle East tensions. State-owned Indian Potash Ltd is managing the procurement, with shipments expected by mid-June. Simultaneously, the government is increasing gas supply to urea plants, aiming to bolster local production ahead of the crucial June sowing season.
India is boosting urea imports by 2.5 million tonnes to ensure domestic availability amidst global supply chain disruptions linked to Middle East tensions. State-owned Indian Potash Ltd is managing the procurement, with shipments expected by mid-June. Simultaneously, the government is increasing gas supply to urea plants, aiming to bolster local production ahead of the crucial June sowing season. What's Your Reaction?
