India urea deliveries at 3.25m tonnes in April-August

09 September 2016 16:02 Source:ICIS News

LONDON (ICIS)--In India, a total of 3.25m tonnes of urea was delivered to ports by overseas suppliers in April-August 2016, up 6% from 3.06m tonnes in the same period last year, according to latest data from the Department of Fertilizers (DOF).

In August 2016, urea deliveries were 605,000 tonnes, down 34% from 919,000 tonnes in August 2015.

Indian Urea Deliveries (April-August 2016)


2016

2015

April

171,000

532,000

May

600,000

471,000

June

830,000

469,000

July

1,042,000

671,000

August

605,000

919,000

Total

3,248,000

3,062,000


There are estimates around 3-3.5m tonnes of urea will be imported in the coming months (October 2016-March 2017).

The Indian fiscal year runs April 2016 to March 2017.

Of the total deliveries so far this fiscal year, Oman accounted for a majority of the deliveries. Most of the imports were from the Indian-Oman joint venture company, OMIFCO.

Indian Urea Deliveries

Imports by Country

(April-August 2016)

Supplier

Quantity

Oman

1,099,000

Iran

831,000

China

572,000

Ukraine

184,000

Egypt

168,000

Kuwait

147,000

Russia

111,000

UAE

52,000

Algeria

45,000

Bahrain

39,000

Total

3,248,000

Source - DOF


The next Indian import tender is expected to be announced soon for urea that will be shipped in October.

By Deepika Thapliyal