Urea imports during April-Nov. period touch $1.64-bn

摘要

India imported 5.75-mn tonnes of urea valued at $ 1.64-bn in the first eight months of this financial year to meet domestic demand as the cost of inward shipments eased. The country had imported 5.41-mn tonnes of urea in the same period a year earlier, according to data compiled by the Fertiliser Ministry. "There was decline of average $50 per tonne in the prices at which urea was imported this year," Indian Potash Ltd's Chairman Mr. P. S. Gahlaut said. The government imported 1.46-mn tonnes of urea from Oman India Fertiliser Company, a joint venture between Oman Oil Company, Indian Farmers Fertiliser Cooperative Ltd.