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Indian demand for imported urea could fall from 2019
Jan 07: Indian demand for imported urea could fall from 2019 as the country takes a step forward in its aim to become self-sufficient by increasing its own domestic production. But skepticism runs high, as it is rare for new urea units to start up and achieve full production on schedule.
8India is one of the biggest buyers of urea globally, and farmers typically consume 30mn-31mn t/yr of urea, of which roughly 24mn t is produced domestically and the rest imported. India during April-December 2018 bought about 4.8mn t of urea and will take 1.8mn t in 2018 from its Omifco joint venture with Oman.
8A new tender is expected to be announced in the first quarter of 2019, which may see another 600,000-800,000t being imported. 
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