Fertiliser Stocks Surge on China’s Export Assurances

Fertiliser shares rallied up to 5% after reports that China assured India it would lift export restrictions on fertilisers, rare earth magnets, and tunnel boring machines. Agro Phos hit upper circuit, while Southern Petrochemicals, Zuari Agro, Paradeep,

RCF, FACT, and others gained 2–4%. The move eases concerns as India imports nearly 80% of specialty fertilisers from China.