# Ammonia price relief lifts fertiliser stocks outlook 2026-08-10T14:35:31+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet The benchmark Tampa ammonia contract fell $110 per metric tonne month-on-month in late June, followed by a further $30 cut for August, signalling a shift from scarcity to surplus, according to Systematix Institutional Research. Analysts say the decline eases pressure on non-urea fertiliser makers like Coromandel International and Paradeep Phosphates. However, elevated sulphur costs continue to squeeze margins. Varun Gogia of Icra noted that ammonia prices are still 20% above pre-West Asia crisis levels and that constrained sulphur availability keeps demand under check. For complex fertiliser companies, ammonia contributes less than 20% of input costs, limiting the relief, said Elara Capital. ## Coverage - livemint.com Tags: ammonia, Coromandel International, fertiliser stocks, Paradeep Phosphates, raw material costs, sulphur Canonical: https://indianopinion.org/ammonia-price-relief-lifts-fertiliser-stocks-outlook/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ammonia-price-relief-lifts-fertiliser-stocks-outlook/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.