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We may face a urea glut soon, warns PSU CMD
Oct 22: The consumption of urea is expected to remain constant due to the introduction of 45 kg urea bags and neem coated urea, going ahead, according to the chairman of the public sector fertilizer company.
8He cautioned that if all capacity comes up and urea consumption remains constant, then, there will be a problem of handling that extra material as India would not be able to export because of the high cost.
8Secondly, the extra production would be at high efficiency.
8This may further pose threat to production beyond 100% for reassessed capacity for less efficient plants.
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