11 hours ago
After Magnets, China Now Plants Agri Barrier for India
China has halted shipments of specialty fertilisers used to increase the yields of fruits, vegetables and other remunerative crops to India for the last two months, according to top executives of several large importers.
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China has halted shipments of specialty fertilisers used to increase the yields of fruits, vegetables and other remunerative crops to India for the last two months, according to top executives of several large importers. China, a global supplier of agricultural inputs, continues to export them to other imports about 80% of its supplies of these chemicals from China. 'China has been restricting suppliers of specialty fertilisers to India for the last four to five years. However, this time it is a complete halt,' said Rajib Chakraborty, president, Soluble Fertilizer Industry Association (SFIA).Shipments from factories are subject to inspections by the Chinese not been inspecting shipments meant for India, using various procedures to block exports without imposing an express ban, said people with knowledge of the has been restricting the export of key raw materials such as rare earth magnets in apparent retaliation for tariffs and other mandates government approval for investment by countries that have a border with it, specifically aimed at its northern against the backdrop of an escalation in tensions between the two over the past five years, including border skirmishes and China's support for fertilisers are non-subsidised soil nutrients. These include water-soluble fertilisers (WSFs) and liquid fertilisers for foliar and fertigation, controlled release fertilisers (CRFs), slow-release fertilisers (SRFs), micronutrient fertilisers, fortified fertilisers, customised fertilisers, nano fertilisers, bio-stimulants, organic and other value-added and innovative typically imports 150,000-160,000 tonnes of specialty fertilisers in the June-December period, according to some industry India, the market for micronutrient fertilisers is expected to cross $1 billion by 2029 at a CAGR of 9.2%, according to the Fertilizer Association of India (FAI).Indian biostimulants are expected to grow to $734 million by 2029, a CAGR of 15.6% while the organic fertiliser market is predicted to increase to $1.13 billion by 2032, a CAGR of 7%, according to the fertilisers enhance crop yields, improve soil health, and optimise nutrient use efficiency, often reducing environmental impact compared to traditional top fertiliser companies such as Deepak Fertilizers, Paradeep Fertilizers and Nagarjuna Fertilizer Company operate in this segment.
