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Agrochem cos worry over rain, dam levels
Mint Mumbai
|August 31, 2023
After a weak Q1 performance, agrochemical manufacturers are staring at challenges in Q2 as well owing to a slowdown and uneven distribution of monsoon, deficient reservoir levels and flat crop acreage.
The monsoon season had started on a promising note and increased activity in July raised hopes of sowing and good acreage that could have led to a higher usage of agrochemicals. However, a weakened monsoon in August is adding to the challenges of farmers as well as agrochemical manufacturers.
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