Also Read | Iran War: Why India must step on the gas with ethanolMustard harvesting is generally from late-February to mid-March. The big picture is that India has entered this crisis from the Iran War – just as with the pandemic six years ago – with plentiful food stocks and a bumper rabi harvest in the offing. Since the war broke out, landed prices of ammonia imported into India have shot up from $450-470 to $725-750 per tonne. Story continues below this adIndia annually consumes roughly 40 mt of urea, 10 mt of DAP, 14 mt complex fertilisers and 5 mt of SSP. How these costs will play out in farmers’ fields, and eventually food prices, remain to be seen.

Source: Indian Express March 30, 2026 07:46 UTC