India regularly imports urea through global tenders to meet local demand, but this is its first such purchase since the US-Israeli war on Iran, making the timing in focus. Sowing for new crops, especially rice, corn and soybeans, is set to begin in a couple of months.
(April 6): India, the world’s largest urea importer, is seeking to buy about 2.5 million tonnes of the key crop nutrient ahead of the monsoon sowing season as the Middle East conflict disrupts domestic production, tightening availability.
Indian Potash Ltd, which buys urea for the government, issued a tender on Saturday to import 1.5 million tonnes of urea through the country’s west coast and the remaining volumes are to come via the east coast, according to a tender document posted on the company’s website. The shipments should leave the load port by June 14.
