March 22, 2019 (MLN): DAP offtake for the month of February 2019 stood at 49 thousand tonnes, i.e. 60.4 percent lower than the offtake in February, 2018, as per official data on fertilizer offtake released by National Fertilizer Development Authority (NFDC).
During the month, maximum DAP sales were made in Punjab (34 thousand tonnes, down by 64%, YoY), whereas minimum demand surfaced within the province of Balochistan (2700 tonnes, up by 68%, YoY).
Offtake in Sindh amounted to 8000 tonnes, i.e. lower by 58% YoY, whereas demand in Khyber Pakhtunkhwa decreased by 31% to 3000 tonnes.
Total domestic production of DAP during the month was recorded at 61 thousand tonnes, whereas previous month’s leftover amounted for 488 thousand tonnes. On top of this, 7 thousand tonnes were imported as well. As a result, the collective availability of DAP amounted to 557 thousand tonnes.
Since DAP sales of 49 thousand tonnes were achieved in February, the remaining amount will be stored for use in future.
Copyright Mettis Link News