Picture of Madras Fertilizers logo

MADRASFERT Madras Fertilizers News Story

0.000.00%
in flag iconLast trade - 00:00
Basic MaterialsAdventurousSmall CapNeutral

Indian fertiliser stocks extend rise as China talks aid supply prospects

** Indian fertiliser stocks extend gains

** Chambal Fertilisers and Chemicals CHMB.NS and Madras Fertilizers MDFT.NS each up about 3%

** Paradeep Phosphates PRAO.NS up 1.3%, Fertilisers And Chemicals Travancore FCTL.NS and Rashtriya Chemicals and Fertilisers RSTC.NS adds 1.5% and 1.8%, respectively

** Fertiliser supplies one of three key Indian concerns that China is addressing, as relations between the neighbours thaw

** Talks signal both sides trying to ease economic friction created by U.S. tariffs, says Ross Maxwell, global strategy lead at VT Markets

** Enhanced bond with China helps India secure vital industrial inputs, infrastructure supplies, aiding strategic resilience against U.S. protectionism - Maxwell

** China, a key Asian fertiliser exporter, curbed its exports to safeguard local market; India major importer of fertilisers

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))

Recent news on Madras Fertilizers

See all news