DAP offtake records nearly 35% increase, YoY

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MG News | November 26, 2018 at 11:24 AM GMT+05:00

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November 26, 2018 (MLN): DAP offtake in October 2018 was 521 thousand tonnes showing an increase of 34.7 per cent over October, 2017, revealed official data on fertilizer offtake, released by National Fertilizer Development Authority (NFDC).

During the month, maximum DAP sales were made in Punjab (371 thousand tonnes, up by 29%, YoY), whereas minimum demand surfaced from the province of Baluchistan, where the sales amounted to 9300 tonnes, down by 11%, YoY.

Offtake in Sindh accounted for the greatest percentage increase of 64% over the year, whereas demand in Khyber Pakhtunkhwa increased by 19%.

DAP off-take of FFBL improved by 41% MoM for the month of Oct-18, but diminished by 29% YoY.

Total domestic production of DAP during the month was recorded at only 55.7 thousand tonnes, whereas previous month’s leftover amounted for 729.4 thousand tonnes. On top of this, 238.8 thousand tonnes were imported as well (up by 232%, MoM).

As a result, the collective availability of DAP totaled at over 1 million tonnes.

Since DAP sales of 521.3 thousand tonnes were achieved in October, the remaining amount will be stored for use in future.

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