During mid- sixties the Co-operative sector in India was responsible for distribution of 70 per cent of fertilisers consumed in the country. This Sector had adequate infrastructure to distribute fertilisers but had no production facilities of its own and hence dependent on public/private Sectors for supplies. To overcome this lacuna and to bridge the demand supply gap in the country, a new cooperative society was conceived to specifically cater to the requirements of farmers. It was an unique venture in which the farmers of the country through their own Co-operative Societies created this new institution to safeguard their interests. The number of Co-operative Societies associated with IFFCO have risen from 57 in 1967 to 39,824 at present.
Mr. Rakesh Kapur, Joint Managing Director, Indian Farmers Fertiliser Cooperative Limited (IFFCO), has been elected as the Chairman of the International Fertilizer Association (IFA) at the recent IFA’s Annual Conference held from May 22nd - 24th in Marrakech, Morocco in which 1400 partici... (more)
Amongst a grim market saga being acted out in the global Phosphoric Acid trade market. IFFCO: India’s biggest fertiliser player and the largest Phosphoric Acid importer in the country today announced that it has agreed to import Phosphoric Acid at a price of $600 per metric tonne CFR with 30 ... (more)
IFFCO stand on Price Negotiations of #Phosphoric Acid for FY 2016 as follows :
#Phosphoric Acid price negotiation for FY16 not concluded yet: #IFFCO. Settlement of #Phosphoric Acid price is still pending.
As International #DAP price is reduced to $350/MT CFR #India. Hence; #IF... (more)
