PL Sector Update - Agro Chemicals & Fertilizers - Weekly Update – Crop acreages flat YoY; Cumulative rainfall as on 26th July’23- Surplus of +5%

Update: 2023-07-31 11:39 IST

Agro Chemicals & Fertilizers - Himanshu Binani - Research Analyst, Prabhudas Lilladher Pvt Ltd

Weekly Update – Crop acreages flat YoY; Cumulative rainfall as on 26th July’23- Surplus of +5%

Crop Acreages as on 28th July’23: flat YoY

♦ Rainfall as on 26th July’23: Rainfall surplus of 5%

♦ Water Reservoir levels as on 27th July’23- down 15% YoY; South India remains lower

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Exhibit 1: Crop Acreages as on 28th July’23 flat YoY


Source: Agricoop, PL     

Exhibit 2: Rainfall as on 26th July’23: Rainfall surplus of 5% till date



Source: IMD, PL     

Exhibit 3: Water Reservoir table as on 27th July’23: down 15% YoY; East India remains lower



Source: CWC, PL     

Exhibit 4: Weekly Crop Prices continues to be remunerative




Source: Agmarkweb, PL     

Exhibit 5: Fertilizer Raw material prices: Marginal recovery in Urea and ammonia prices on WoW basis

 





 


 



 


 


 


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