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- India has signed a deal with Morocco’s phosphate giant OCP Group to supply 1.7 million metric tonnes of phosphate-based fertilizer over the coming 12 months.
- The deal is expected to improve the fertiliser supply to Indian farmers.
After the Ukraine war caused a shortage of fertilisers and a significant rise in fertilizer prices, China suspended the export of ammonium phosphate. India is heavily dependent on imports for its fertiliser requirements and China was a major source of ammonium phosphate for India, a key component in the manufacturing of fertilizer. To meet the fertiliser requirements, India has turned to Morocco.
India has signed a deal with Morocco’s phosphate giant OCP Group to supply 1.7 million metric tonnes of phosphate-based fertilizer over the coming 12 months. The deal is expected to improve the fertiliser supply to Indian farmers. The agreement is expected to facilitate long-term supply of rock phosphate, a critical input for making diammonium phosphate (DAP) and nitrogen, phosphorus, and potassium (NPK).
Also read;
https://trendsnafrica.com/ocp-morocco-braces-up-to-tap-the-rising-global-demand-for-fertilizers/
https://trendsnafrica.com/ocp-to-launch-soil-mapping-in-kenya/
Announcing the deal, OCP said that it will supply India with 700,000 tonnes of fertilizer appropriate to meet the needs of the plants and crops they are intended for. The statement by the company also disclosed that it will also provide another one million tonnes of fertilizer directly to farmers. The Morocco-India agreement also includes several joint initiatives in the field of research and development (R&D) aimed at developing innovative solutions to increase fertilizer efficiency. After the Ukraine war led to a severe shortage of fertilisers, OCP has moved in to fill the market vacuum left by Russia. Its state-of-the-art mobile laboratories to sample the soil and optimize its fertilizer production has become highly successful.
