Phosphorous, potash makers to face heat on high costs, weak rupee

Manufacturers are entirely dependent on imports to meet their raw material needs and the recent currency depreciation and increase in phosphoric acid prices have resulted in a rise in input costs, Icra said in its report

2-3% – expected rise in urea demand

Rs 4,500 cr – actual cash pay-out to urea players as on March 31, 2018

6% – fertiliser volume growth so far this fiscal

7.5 million tonne – urea capacity to be added over next four years

3.75 million tonne – capacity to come on line within next 6-9 months

3.75 million tonne – capacity to be commissioned by April 2021

Phosphorous and potash manufacturers who are operating in regions where monsoon has been adequate are expected to face a lower impact on their profitability," 
— Icra report added