Coromandel sees urea stabilising near $500 a tonne as input costs rise

Coromandel International expects urea prices to remain in the $450-$500-a-tonne range through the kharif and rabi seasons, while rising sulphur, ammonia and phosphoric-acid costs pressure phosphatic fertilisers. The company is seeking revised subsidy rates and flags state restrictions on non-subsidised products.

— Filed Wed, 29 Jul, 2026, 22:58 IST · Source Business Standard · Companies · Updated

Coromandel International expects urea prices to stabilise near $500 a tonne but flags rising sulphur, ammonia and phosphoric-acid costs. It seeks revised phosphatic subsidy rates and warns that Uttar Pradesh and Maharashtra restrictions on non-subsidised fertilisers hurt farmer access and industry sales.

Why this matters

The pricing outlook follows Coromandel's plan to expand to 1,400–1,500 agri-retail stores by year-end, with margins expected to recover; input-cost pressure and subsidy policy now shape that recovery.

retail-company is accelerating, up +410100% QoQ.