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Fertilizer Off take: Urea and Nitrogen off take decrease while DAP, Potash and Phosphate Increase

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National Fertilizer Development Centre today released fertilizer supply-demand situation during September 2017, along-with Kharif 2017 and outlook for Rabi 2017-18.

Total Fertilizer Sales – September, 2017

  • Total Fertilizer sales during the month of September, 2017 were 360 thousand tonnes compared to 243 thousand tonnes during September, 2016 (47.8 percent higher than September, 2016).

Nutrients

  • Nitrogen Sales during September, 2017 were 167 Thousand tonnes compared to September 2016 Nitrogen off take of 179 Thousand Tonnes; a decrease of 6.6 percent.
  • Phosphate Sales during September, 2017 were 184 Thousand tonnes compared to September 2016 Nitrogen off take of 59 Thousand Tonnes; a increase of 212.2 percent.
  • Potash Sales during September, 2017 were 8.0 Thousand tonnes compared to September 2016 Potash off take of 5.3; an increase of 51.7 percent.

UREA & DAP

  • Urea Sales during September, 2017 were at 179 Thousand tonnes compared to September 2016 Urea off take of 298 thousand, a decrease of 40 percent.
  • DAP Sales during September, 2017 were at 384 Thousand tonnes compared to September 2016 DAP off take of 107; an increase of 258.6 percent.

Nutrient/

September

September

September

September

September

Per cent change in

Product

2013

2014

2015

2016

2017

2017 over 2016

Nitrogen

290

228

97

179

167

-6.6

Phosphate

92

60

7

59

184

212.2

Potash

2.5

3.8

1.1

5.3

8.0

51.7

Total

385

291

106

243

360

47.8

Urea

504

420

193

298

179

-40.0

DAP

173

105

7

107

384

258.6

Source: National Fertilizer Development Centre

 

Total Fertilizer Sales – Kharif, 2017

  • Total Fertilizer sales during Kharif (Apr – Sep) 2017 were at 2464 Thousand tonnes compared to 1926 thousand tonnes during Kharif (Apr – Sep) 2017 (up by 27.9 percent).

UREA & DAP

  • Nitrogen Sales during Kharif (Apr – Sep) 2017 were at 1883 tonnes, an increase of 24.5 percent.
  • Urea Sales during Kharif (Apr – Sep) 2017 were at 2703 thousand tonnes, an increase of 21.9 percent.

 

 Season

 

Nutrient

 

Total

Product

 

 

Nitrogen

Phosphate

Potash

Nutrients

Urea

DAP

Kharif 2016 (April- Sept 2016)

1512

402

12

1926

2703

694

Kharif 2017 (April -Sept 2017)

1883

559

22

2464

3297

1026

Percent change

24.5

39.1

87.9

27.9

21.9

47.8

 

Total Fertilizer – Production and Imported Supplies September, 2017

  • Fertilizer production during September, 2017 was at 606 thousand tonnes.

Product Wise Break-up

  • Urea production was at 433 thousand tonnes; 71.4 percent of Total Production
  • DAP production was at 72 thousand tonnes
  • CAN production was at 46 thousand tonnes
  • NP production was at 48 thousand tonnes
  • SSP production was at 7 thousand tonnes
  • NPK production was at 1 thousand tonnes

Imported Supplies

Total Supplies Imported during the month amounted to 144 Thousand tonnes.

  • DAP imports were at 147 thousand tonnes
  • MOP imports were at 8 thousand tonnes
  • SOP imports were at 6.5 thousand tonnes
  • AS imports were at 1.5 thousand tonnes

Description

Urea

DAP

NP

CAN

SSP

NPKs

SOP

MOP

MAP

AS

TSP

Total

Production

433

72

48

46

7

1

606

Percent share

71.4

11.8

7.9

7.5

1.1

0.2

100

Import

147

6.5

8

1.5

163

Export

124

124

Fertilizer Prices – Domestic & International

Domestic Price Scenario

During September 2017 the prices of all the fertilizer products increased slightly except SSP (G) and SOP. The price of Urea (Sona) increased by 0.8 per cent. The prices of DAP and NP also increased by 0.5 and 0.7 per cent respectively compared with September 2017. The price of CAN increased by 0.3 while price of SOP decreased by 1.0 per cent, respectively 

Product

Aug, 2017

September, 2017

Percent Change

Urea (Sona)

1321

1332

0.8

Urea (other)

1301

1302

0.1

DAP

2605

2619

0.54

TSP

   

NP

1883

1897

0.74

SSP (Powdered)

   

SSP (Granular)

858

852

-0.7

CAN

1188

1192

0.3

SOP

3670

3634

-1.0

NPK

2539

2540

0.0

 

International Price Scenario:

Urea prices were quoted at US $ 235-270/t fob bulk China against US $ 220-225/t of previous month.  Arabian Gulf bulk urea reached a level of US$ 230-275/t.  DAP prices during September were in the range of US $ 315-340/st fob bulk in US Gulf and US $ 347-360/t fob in China. MAP and TSP fob bulk prices were US $ 325-340/t and 280-285/t, respectively.

Ex-Karachi price of urea and DAP was estimated in the range of Rs. 1621-1918 and 2376-2677 per bag, respectively

Terms/Port

US $ per MT

(Rs. per bag)

Ex-Karachi Price

Of Imported Fertilizer

7th Sept

14th Sept

21st Sept

28th Sept

(FOB)

(1st week)

(2nd week)

(FOB)

(1st week)

UREA

China

235-240

240-243

260-265

268-270

1654-1885

(Prilled Bulk)

(220-225)

(220-225)

(220-225)

(223-225)

(1555-1588)

Arabian Gulf

230-240

230-240

260-270

271-275

1621-1918

(Prilled Bulk)

(200-205)

(205-210)

(210-215)

(210-215)

(1422-1521)

DAP

US Gulf*

315-321

320-330

331-336

322-340

2496-2677

(Bulk)

(320-325)

(320-325)

(315-325)

(315-325)

(2496-2569)

China

347-350

350-351

352-355

355-360

2376-2461

(Bulk)

(335-338)

(338-340)

(340-345)

(343-345)

(2297-2363)

MAP

Baltic

325-330

325-330

330-336

335-340

2423-2525

(Bulk)

(320-325)

(320-325)

(320-325)

(325-330)

(2389-2457)

TSP

Tunisia

280-285

280-285

280-285

280-285

2116-2150

(Bulk)

(280-285)

(280-285)

(280-285)

(280-285)

(2116-2150)

Posted on: 2017-10-27T15:22:00+05:00