India:Asia

摘要

Provisional statistics for May suggest that India needs to buy more urea for July shipment to cover its needs for the kharif season. MMTC is expected to hold a tender in the second half of June. Based on the old, pre-DBT system of assessment, sales in May were about 2.1mn tonnes, about 350,000t higher than in May 2018. Production at Indian factories is lagging behind target levels due to outages at some plants. MCFL is shut down due to a shortage of water. Nagarjuna is operating only one of its two lines and BVCL is down following an explosion.