Rise in Prices of Single Super Phosphate Fertilizer in india
This year, an uptick in the prices of Single Super Phosphate has been observed during the meeting of the Markfed and Fertilizer Coordination Committee. The prices of six variants of Single Super Phosphate, including both granular and powdered forms weighing 50 kilograms, have been raised. However, the Indian company IFFCO has kept the prices of DAP, urea, MOP, NPK, and other fertilizers unchanged.
Previous Year’s Prices of Single Super Phosphate:
Last year, farmers were offered a 50-kilogram bag of Single Super Phosphate powder at ₹425. Subsequently, with a ₹15 increase, Markfed and the Committee have raised it to ₹440.75. Similarly, the price of granular Single Super Phosphate, which was ₹304 per 50 kilograms last year, has now been increased to ₹465 (an increase of ₹161). With an additional ₹15 hike, it has been raised to ₹480.75 per 50 kilograms bag.
New Price of Single Super Phosphate:
The Madhya Pradesh State Cooperative Marketing Federation (Markfed) has established the selling rates for Single Super Phosphate fertilizers for the Kharif 2024 season. These rates have been determined based on the decisions made in the meeting of the Fertilizer Coordination Committee and will be effective in the state from April 1, 2024. Markfed’s delivery rates for six varieties of Single Super Phosphate range from ₹8095 to ₹9333 per ton. Considering the GST levied by both organizations, this Single Super Phosphate will cost farmers between ₹8815 and ₹10115 per ton.
Markfed has set the prices of Single Super Phosphate fertilizer 50 kilograms bag as follows:
- Zincated powder SSP at ₹465.75 per 50 kilograms bag.
- Zincated granular SSP at ₹505.75 per 50 kilograms bag.
- Granular SSP at ₹480.75 per 50 kilograms bag.
- Powder SSP at ₹440.75 per 50 kilograms bag.
- Boronated powder SSP at ₹470.75 per 50 kilograms bag.