India: April-June NPK/NPS production down 4%

摘要

India's April-June production of NP/NPK reached 1.9 Mt t, down 4.0% year on year, according to FAI data. NPS 20-20-0-13 production in April-June reached 831,900 t, up 21%, NPK 10-26-26 production fell 21% to 303,400 t, while 12-32-16 production dropped 11% to 331,000 t. April 2018-March 2019 NP/NPK production reached 9.0 Mt, up 8.9% year on year. The rise in 2018/19 came as higher phosphoric acid prices in 2018 and better inland margins pushed producers to switch to more NPK production from DAP.