By Rajendra Jadhav
The reduction in government support could lead to a higherretail price for the farmers and potentially dent consumptionand imports.
Global producers including Uralkali, Potash Corpof
The country's imports are estimated to have jumped more than12 percent to 4.6 million tonnes in the 2017/18 fiscal year, butcould fall in the next year due to the lower subsidy, said anofficial with the country’s leading potash importing firm.
"We can't absorb the impact of the lower subsidy anddepreciating rupee. We have to raise retail prices," theofficial said.
Indian farmers are price sensitive and have in the pasttrimmed purchases when prices rose, said a senior official witha private fertiliser company.
A lower subsidy will weigh on the country's negotiationswith overseas sellers, both industry officials said.
"We could not offer a higher price to suppliers due to lowersubsidy support," the official with the private fertiliser makersaid.
Contracts signed by