Fertilizer offtake declines by 51% in January

MG News | February 24, 2020 at 10:53 AM GMT+05:00

0:00

February 24, 2020 (MLN): The total nutrient offtake during January 2020 was about 177 thousand tonnes, as compared to 362 thousand tonnes during January 2019, showing a decrease of 51.0 percent.

According to a monthly review report released by National Fertilizer Development Centre, the Nitrogen offtake during the month was 147 thousand tonnes which decreased by 52.2 percent whereas phosphate offtake was 28 thousand tonnes showing a decrease of 43.6 percent over January 2019.

The total production of all fertilizer products during January 2020 was about 608 thousand tonnes. Out of this, urea was 456 thousand tonnes, which is 75 percent of the total production. DAP production was 39 thousand tonnes.

The other products were CAN 49 thousand tonnes, Nitrophos 51 thousand tonnes and 3.6 thousand tonnes of SSP, 0.9 thousand tonnes of SOP and 8 thousand tonnes of NPK. Imported supplies were 24 thousand tonnes which comprised 16 thousand tonnes of DAP, 4 thousand tonnes of MOP, 3 thousand tonnes of AS, 1.3 thousand tonnes of SOP during January 2020.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,283.55 167.56M	0.08% 138.20
ALLSHR	100,743.06 606.86M	0.18% 177.75
KSE30	50,481.85 68.41M	-0.03% -14.33
KMI30	238,092.04 74.86M	0.08% 183.16
KMIALLSHR	65,617.46 221.67M	0.08% 53.04
BKTi	45,081.48 14.67M	-0.08% -34.71
OGTi	33,080.66 7.44M	0.16% 54.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	93,675.00	94,440.00 92,985.00	410.00 0.44%
BRENT CRUDE	62.91	63.14 62.72	0.24 0.38%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	-0.70 -0.76%
ROTTERDAM COAL MONTHLY	97.30	97.90 97.30	-1.20 -1.22%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	59.26	59.45 58.97	0.31 0.53%
SUGAR #11 WORLD	14.97	14.98 14.86	0.04 0.27%