Weak monsoon may lift soluble fertiliser demand; price remains bigger risk: SFAI

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Soluble fertilizer prices have surged sixty to one hundred percent over the past year. This sharp increase poses a significant risk to farmer consumption this Kharif season. Uncertain monsoon conditions could support demand for water-soluble products due to lower water usage. High prices may push farmers towards cheaper phosphatic alternatives like SSP. Consignments are arriving, and prices might ease after market distribution.