DAP offtake records approx 26% increase, YoY

News Image

By MG News | January 23, 2019 at 04:52 PM GMT+05:00

0:00

January 23, 2019 (MLN): DAP offtake in December 2018 was 189 thousand tonnes showing a increase of 25.6 percent over December, 2017, revealed official data on fertilizer offtake, released by National Fertilizer Development Authority (NFDC).

During the month, maximum DAP sales were made in Punjab (136 thousand tonnes, up by 22%, YoY), whereas minimum demand surfaced from the province of Khyber Pakhtunkhwa, where the sales amounted to 3900 tonnes, down by 25%, YoY.

Offtake in Sindh amounted to 39 thousand, exhibiting an increase of 33% over the year, whereas demand in Baluchistan increased by 115% to 10.1 thousand tonnes.

Total domestic production of DAP during the month was recorded at only 64 thousand tonnes, whereas previous month’s leftover amounted for 528 thousand tonnes. On top of this, 90 thousand tonnes were imported as well (down by 59%, MoM).

As a result, the collective availability of DAP totaled at over 682 thousand tonnes.

Since DAP sales of 189 thousand tonnes were achieved in December, the remaining amount will be stored for use in future.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,344.03
345.79M
1.67%
2144.61
ALLSHR 81,023.99
1,021.87M
1.55%
1236.37
KSE30 39,908.26
141.62M
2.05%
803.27
KMI30 189,535.00
150.29M
1.40%
2619.39
KMIALLSHR 54,783.66
508.76M
1.07%
581.78
BKTi 34,940.73
55.86M
4.37%
1464.05
OGTi 28,296.06
16.02M
1.19%
333.47
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,680.00 110,105.00
109,405.00
-605.00
-0.55%
BRENT CRUDE 68.61 69.00
68.58
-0.50
-0.72%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 109.20 110.00
108.25
1.70
1.58%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.99 67.50
66.97
-0.46
-0.68%
SUGAR #11 WORLD 15.56 15.97
15.44
-0.14
-0.89%

Chart of the Day


Latest News
July 03, 2025 at 06:01 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 02, 2025 at 11:05 PM GMT+05:00

Cement sales flat in FY25


July 02, 2025 at 10:50 PM GMT+05:00

SBP reserves cross $14bn mark in FY25


July 02, 2025 at 05:29 PM GMT+05:00

CDNS revises profit rates on savings schemes


July 02, 2025 at 05:05 PM GMT+05:00

PSX in FY25: From Oof to Boom



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg