Skip to main content

Indian fertilizer importers raise the maximum retail price of MOP fertilizers

Published by
World Fertilizer,


Indian fertilizer importers Zuari and MCFL have both raised the maximum retail price of MOP fertilizers to Rs18 980/t (US$262/t).

Argus Media Group states "the hike is Rs4 580/t (US$63/t) higher than the previous MRP of Rs14 400/t. The recent depreciation of the rupee against the US dollar and the settlement of annual potash contracts $50/t higher against last year have driven the increase. Indian buyers settled the 2018-19 annual contracts at US$290/t cfr with 180 days' credit.

The rupee has fallen from Rs66.92 to the US dollar on 1 June to Rs72.48 today. In mid-August, Indian importer IPL raised the MRP from Rs14,000/t to Rs14,400/t to counter the effects of the depreciating rupee.

Read the article online at: https://www.worldfertilizer.com/product-news/18092018/indian-fertilizer-importers-raise-the-maximum-retail-price-of-mop-fertilizers/

You might also like

 Stamicarbon

[WEBINAR] Stami Digital: Optimising the future of plant operations with digital insights

Stamicarbon, the innovation and licensing company of Maire Tecnimont Group, is committed to a sustainable fertilizer industry, by investing amongst others in innovative digital solutions that turn real-time plant data into meaningful information by using Stamicarbon’s know-how to enhance insights and control and drive continuous optimisation. This webinar will cover the Stami-Digital Operator Training Simulator, the Stami-Digital Process Monitor and the Stami-Digital Optimizer.

Register for your free space today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

India fertilizer news


 

World Fertilizer is not responsible for the content of external internet sites.