To promote the balanced use of fertilizers, the fertilizer industry has demanded that the prices of fertilizers should be fixed based on nutritional value.“Among non-urea fertilizers, the price of diammonium phosphate (DAP) should be the highest because it has the highest nutritional value,” said Krishnan.He further said after DAP, the prices of Muriate of Potash (MOP) and other Nitrogen-Phosphorus-Potassium (NPK) and Single superphosphate (SSP) fertilizers should be fixed according to the nutritional value.“This will promote the balanced use of fertilizers,” said Krishnan.At present, the price of DAP is Rs 1350 per bag, Muriate of Potash (MOP) is priced at Rs 1500 to Rs 1600 per bag, NP (20:20) is priced at Rs 1200-1300 per bag and NPK (12:32:16) is priced at Rs 1470 per bag.Krishnan said this year so far a positive trend observed is that NPK fertilizers have increased with the decline in DAP sales.The decline in DAP sales is due to the decline in imports from China, geopolitical tensions and problems in transportation through the Red Sea as the reasons behind the reduction in DAP imports. Further, imports were also affected due to limited DAP production capacities in the global market and volatilities in the international price.India meets more than 90 per cent of its phosphatic fertilizers requirement through imports either in the form of raw materials or finished products. India’s annual demand for DAP is around 100 lakh tonnes, of which about 60 per cent is met by imports.
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