Fertilizer demand set to recover in rabi, but water stress clouds outlook
Higher subsidies are expected to revive consumption after a weak kharif season, but depleted reservoirs in southern India and a slow start to sowing could constrain the recovery.
The outlook for fertilizer demand is set to improve in the upcoming rabi season, according to recent reports. This recovery is anticipated following a sluggish kharif season, and government subsidies are expected to play a significant role in making complex fertilizers more affordable for farmers. This, in turn, should encourage them to replenish soil nutrients.
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