Edible Oil and Fertilizer Imports at Risk as Conflict Escalates

Edible Oil and Fertilizer Imports at Risk as Conflict Escalates.webp

New Delhi, March 2 India's imports of edible sunflower oil and key fertilizer inputs are facing disruption due to the escalating US-Iran conflict, while exports of agricultural commodities to the Middle East and Europe could also be affected, industry bodies said on Monday.

Shipping companies have already begun imposing emergency conflict surcharges on cargo moving through the Middle East, with French container giant CMA CGM levying between USD 2,000 and USD 4,000 per container, raising costs for importers.

"Exports to the Middle East are currently on hold," Soluble Fertilizer Industry Association (SFIA) President Rajib Chakraborty told
 
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agricultural commodities cma cgm conflict edible sunflower oil exports fertilizer imports imports india middle east shipping regional trade shipping surcharges soluble fertilizer industry association (sfia) supply chain disruption trade disruption us-iran conflict
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