India holds 199.65 LMT fertiliser stock, covering 51% of seasonal demand
Synopsis
Key Takeaways
India's fertiliser security remains robust, with the country holding a comfortable stock of 199.65 lakh metric tonnes (LMT) — covering more than 51% of seasonal demand — as the government scales up both domestic production and imports to ensure uninterrupted supply for farmers amid the ongoing Middle East crisis, a senior official of the Department of Fertilisers said on Monday, 11 May 2025.
Additional Secretary, Department of Fertilisers, Aparna S. Sharma, disclosed the figures at a press conference in New Delhi, noting that the current buffer marks a sharp increase from the usual level of approximately 33% at this time of the year — reflecting improved advance stocking and efficient logistics management.
How Stocks Were Built Up
Following a recent crisis period, domestic production and imports were scaled up rapidly, adding approximately 97 LMT to total availability. Domestic production alone contributed 76.78 LMT, while imports reaching Indian ports accounted for 19.94 LMT, Sharma explained. The combined effort has pushed current availability well above the seasonal requirement benchmark.
New Tenders to Plug Peak-Demand Gaps
To ensure zero shortage during peak demand seasons, Indian fertiliser companies have initiated aggregated global tenders for 12 LMT of DAP, 4 LMT of TSP, and 3 LMT of ammonium sulphate. Separately, tenders for critical raw materials — including 5.36 LMT of Ammonia and 5.94 LMT of Sulphur — are currently in progress. The government also confirmed that approximately 7 LMT of NPKs secured from outside the State-Owned Holdings (SOH) framework are expected to arrive at Indian ports through May and June.
No Change in Fertiliser MRP
In a significant relief for the farming community, the government confirmed there is no change in the Maximum Retail Price (MRP) of major fertilisers. The Department of Fertilisers continues to review input availability for Urea and P&K production on a regular basis and is clearing subsidy bills on a weekly basis to maintain supply chain liquidity — a critical measure to prevent bottlenecks at the distributor and retailer level.
Government Oversight and Coordination
The Empowered Group of Secretaries has convened eight meetings to date to navigate availability challenges and ensure farmers receive fertilisers at affordable rates without disruption. This level of institutional oversight is notably higher than in previous years, underscoring the Centre's sensitivity to any supply disruption ahead of the Kharif sowing season. Notably, fertiliser subsidy management has been a politically significant issue, with any MRP increase capable of triggering rural discontent.
With tenders in progress and port arrivals expected through June, the government appears positioned to maintain adequate supply through the critical sowing window ahead.