India has secured 1.7 million tonnes of urea at sharply lower prices (~$390/tonne) via RCF tender, easing concerns for rabi season. The drop reflects easing West Asia energy crisis and surplus Chinese supply. This move improves India's fertilizer availability after high prices earlier in 2026.
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- ›Tender Quantity: 17 lakh tonnes (1.7 million tonnes)
- ›Lowest Price (East Coast): $390.25 per tonne
- ›Target this Data: 17 lakh tonnes (1.7 million tonnes) urea imported at $390.25/tonne (east coast) and $393.65/tonne (west coast).
- ›Target this Nodal Body: Rashtriya Chemicals and Fertilizers (RCF) – a PSU under Ministry of Chemicals and Fertilizers.
- ›Target this Context: Easing West Asia energy crisis and Chinese surplus as reasons for price drop.
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