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India’s fertiliser stocks surged 38% to 17.01 million tonnes ahead of the rabi season, easing supply worries.| Image: Bloomberg
After a rather tumultuous kharif season, India’s fertiliser inventories at the start of the 2026-27 rabi season are estimated to be at a comfortable two-year high of 17.01 million tonnes, almost 38 per cent more than the stocks at the same time last year.
Comfortable fertiliser stocks should ensure that availability remains adequate during the season, for which demand from the states is projected to be around 38 million tonnes.
Of this, urea stocks are estimated to be 8.33 million tonnes at the start of 2026-27, up 54.26 per cent from last year, while diammonium phosphate (DAP) stocks are projected at 3.03 million tonnes, around 9 per cent more than in the same period last year.
NPKS inventories are estimated at 5.65 million tonnes, 36 per cent more than in the same period last year.
| Season* | Urea | DAP** | NPKS*** | Total | |
| Rabi 2026-27 | 8.33 | 3.03 | 5.65 | 17.01 | |
| Rabi 2025-26 | 5.4 | 2.78 | 4.14 | 12.32 | |
| Rabi 2024-25 | 7.2 | 1.67 | 3.9 | 12.77 | |
| % Change# | 54.26 | 8.99 | 36.47 | 38.07 | |
| *Crop Season Starts from July to June | |||||
| **Di-Ammonia Phosphate | |||||
| ***Nitrogen (N), Phosphorus (P),Potassium (K), Sulphur (S) | |||||
| From 2025-26 to 2026-27 | |||||
| Source: Government of India |
First Published: Sep 29 2026 | 9:13 PM IST
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