India's fertilizer ministry has recommended that national fertilizer companies begin buying fertilizers and raw materials on a collective rather than individual basis.
The ministry calls for a three-month period during which Indian fertilizer producers should join together as a consortium, aggregating their demand to ensure supply and competitive prices of key fertilizers such as DAP, MOP and NPS/NPKs as well as raw materials ammonia, sulphur, phosphoric acid, sulphuric acid and phosphate rock.
The first step in this regard was taken on Friday, when IPL issued a tender to buy 1.6mn t of DAP and TSP on behalf of the industry — the same approach as has been taken with urea imports for many years.
India has struggled to secure sufficient supply of these products following the closure of the strait of Hormuz.
The Gujarat Chamber of Commerce and Industry has called on the chemicals and fertilizers ministry to impose a minimum six-month ban on exports of elemental sulphur.

