Weak Monsoon May Boost Soluble Fertiliser Demand

The Soluble Fertiliser Association of India (SFAI) has observed that a weak monsoon may lead to increased demand for soluble fertilisers. This is because soluble fertilisers can provide essential nutrients to crops even in water-scarce conditions. However, the SFAI has also cautioned that the price of soluble fertilisers remains a risk factor.
The demand for soluble fertilisers is expected to rise as farmers look for alternative ways to nourish their crops.
The SFAI's observation is significant, given the importance of fertilisers in Indian agriculture.