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Roll of dice for agrochem companies with El Nino dampener on monsoon

Adverse agronomical conditions, excess channel inventory weigh on domestic market volume offtake

Topics
El Nino | Agrochemical companies | Q4 Results

Ram Prasad Sahu 



fertilizers
Fertilizers

Domestic-focused agricultural chemical (agrochem) could face near-term headwinds, given the worries on the El Niño effect on monsoons, higher inventory, and pressure on margins. Some of these were reflected in the October-December quarter (third quarter, or Q3) results of and may impact them in the current quarter (fourth quarter, or Q4) as well.

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First Published: Mon, February 27 2023. 06:55 IST

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