India will purchase fertilizers at nearly twice the price compared to before the Iran conflict

Golden Ten Data reported on April 22 that, according to informed sources, Indian Potash Ltd, which imports agricultural fertilizers for the Indian government, has agreed to purchase 1.5 million tons of fertilizer at a price of $935 per ton, to be delivered to the west coast region; another 1 million tons will be delivered to the east coast at a price of $959 per ton. These prices are nearly 90% higher than those India agreed to pay in tenders before the conflict broke out. According to Green Markets data, as the main urea supplier to South Asian countries, the Middle East offered $490 per ton for urea before the war.