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India to buy urea fertilizer at nearly double pre war prices amid supply shock
Economy
Published on 24 April 2026
90% higher prices as Middle East tensions squeeze supply
India is set to purchase 2.5 million tons of urea fertilizer at rates nearly 90% higher than before the Middle East conflict, with global supplies tightening under geopolitical pressure. Indian Potash Ltd. will source the shipment just ahead of monsoon crop sowing, in a move aimed at preventing fertilizer shortages during the critical planting season.
- Indian Potash Ltd. to secure 2.5 million tons of urea
- Urea prices are nearly 90% higher than pre-conflict levels
- Middle East tensions are disrupting global fertilizer supply
- Purchase timed for upcoming monsoon crop sowing
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times