Aug 20: 8The healthy growth in fertilizer sales has been on account of lower systemic inventories at the end of FY2018 primarily due to implementation of DBT on pan-India basis. Owing to implementation of DBT, the companies refrained from pushing inventory into the channel.
8Subdued international price of urea combined with high pooled price will mean that production beyond RAC will stay limited going ahead
8Continued delay in reimbursement of revised fixed costs to urea units to impact viability of indigenous urea production:
8GST rate reduction on phosphoric acid to reduce working capital requirement for the DAP/NPK manufacturers
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