30 November 2007 17:18 [Source: ICIS news]
NEW DELHI (ICIS news)--India’s department of fertilizers (DOF) has projected 3.31m tonnes deficit between demand for urea and domestic production during the winter crop season, a government official said on Friday.
A government official added that urea production was estimated at 10.69m tonnes, against demand for 14m tonnes.
The DOF has estimated a 2.3m shortfall for diammonium phosphate (DAP).
It has projected domestic production at 2.61m tonnes against requirement for 4.91m tonnes.
The gap between indigenous output and demand for these two fertilizers is bridged through imports.
The Fertiliser Association of India (FAI) has projected urea imports at 6.7m tonnes during the current financial year ending 31 March 2008, against 4.7m tonnes imported in preceding year.
It has estimated DAP imports at 3.2m tonnes in 2007-08, compared with 2.88m in 2006-07.
DOF has projected muriate of potash demand at 1.96m tonnes during the current winter crop season - November 2007 to March 2008.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|