India asks urea suppliers to match lowest rates in NFL tender to reduce subsidy costs | Today’s news

Kalyan Goswami, CEO of the Agrochem Federation of India, an industry association, said: “With the US-Iran peace deal, the Strait of Hormuz will be reopened. Looking at energy flows and inflation outlook, this is a welcome relief for India as we import large volumes of fertilizers and agrochemicals to meet domestic agricultural demand.”