India soluble fertiliser price surge

Prices of key soluble fertiliser inputs have surged 60-100% over the past year due to China's export curbs and West Asia tensions, according to the Soluble Fertilizer Association of India (SFAI). SFAI President Rajib Chakraborty warned that high prices could reduce farmer demand, potentially shifting consumption to cheaper alternatives like SSP. Despite a stock carryover from last year, a sharp demand pickup could strain supplies. The Malaysia — Malaysian Meteorological Department warned of below-normal rainfall from mid-July, which could support demand for water-soluble products due to lower water usage. India's annual soluble fertiliser imports are about 4 lakh tonnes, with 2-2.5 lakh tonnes expected this fiscal.