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DAP offtake falls by 19% in January, YoY

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February 22, 2019 (MLN): DAP offtake in January 2019 was recorded at 75 thousand tonnes, showing a decrease of 19.1 percent over January, 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 (48 thousand tonnes, down by 34%, YoY), whereas minimum demand surfaced from the province of Balochistan (2000 tonnes, up by 38%, YoY).

Offtake in Sindh amounted to 22 thousand tonnes, exhibiting an increase of 44% over the year, whereas demand in Khyber Pakhtunkhwa decreased by 8% to 3100 tonnes.

Total domestic production of DAP during the month was recorded at 31 thousand tonnes, whereas previous month’s leftover amounted for 493 thousand tonnes. On top of this, 39 thousand tonnes were imported as well. As a result, the collective availability of DAP totaled at over 563 thousand tonnes.

Since DAP sales of 75 thousand tonnes were achieved in January, the remaining amount will be stored for use in future.

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Posted on: 2019-02-22T18:11:00+05:00

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