Overview
- The Department of Fertilizers reported sufficient Kharif availability, with 230.53 LMT made available against a 185.39 LMT requirement and 193.20 LMT in sales.
- Urea imports hit 58.62 LMT in April–October, more than double the year-ago period, with a further 17.5 LMT already booked for November and December.
- Total stocks rose from 48.64 LMT on October 1 to 68.85 LMT by October 31 as rake dispatches to states set new highs.
- Domestic production remained robust, reaching 26.88 LMT in October and averaging about 25 LMT per month from April to October.
- Analysts see consumption approaching 40 mt this fiscal while operational capacity is about 30–31 mt, highlighting reliance on imports until new plants at Namrup and Talcher come online.