India's kharif 2026 fertiliser stocks at 195.79 LMT, cover 51% of season need
Synopsis
Key Takeaways
India holds 195.79 lakh metric tonnes (LMT) of fertiliser stock ahead of the kharif season 2026, covering more than 51% of the Agriculture Ministry's revised full-season requirement of 383.9 LMT, the government said on Monday, 15 June 2026. The Department of Fertilisers described the availability as unprecedented, far exceeding the traditional buffer standard of 33%.
How India Built the Buffer
Since the West Asia crisis disrupted global supply chains, India has added approximately 163.01 LMT of fertilisers through a combination of increased domestic production and accelerated imports. Of this, more than 50 LMT of urea and phosphatic and potassic (P&K) fertilisers have been secured during the ongoing crisis period alone.
In coordination with 28 Indian missions abroad, the government sourced urea from Oman, Malaysia, Vietnam, Georgia, Nigeria, Russia, Finland, Egypt, Algeria, Turkey, and the Netherlands. DAP and NPK fertilisers were procured from Russia, Morocco, Egypt, the United States, Jordan, South Korea, Tunisia, and Saudi Arabia — routed via the Red Sea to bypass the congested Strait of Hormuz.
June Arrivals and Ongoing Procurement
More than 25 LMT of imported urea, DAP, and NPK is expected to arrive at Indian ports during June 2026 alone. Additionally, India has floated a global tender for the procurement of a further 17 LMT of urea, which is currently in progress, according to the department's statement.
The Department of Fertilisers is also clearing all subsidy bills raised by fertiliser companies on a weekly basis, and officials confirmed that adequate budgetary provision is in place for continued subsidy payments.
What Farmers Pay vs. Global Prices
The stark contrast between global commodity prices and what Indian farmers actually pay underscores the scale of the Centre's subsidy commitment. A 45-kg bag of urea — priced above ₹4,100 on global markets — reaches farmers at a heavily subsidised ₹266.5. Similarly, a 50-kg bag of DAP, which costs over ₹5,000 internationally, is available to farmers at just ₹1,350.
Outlook for Kharif Season
The Agriculture Ministry's revised requirement of 383.9 LMT for the full kharif season reflects updated demand projections across all major fertiliser categories. With current stocks already exceeding half that figure and fresh imports en route, officials stated that fertiliser security remains 'strong, stable, and well-managed.' The Department of Fertilisers said it is conducting regular reviews of input availability for both urea and P&K fertiliser production to pre-empt any supply-side disruptions in the months ahead.