Sale of DAP registers a substantial decline of 41% in January

MG News | February 24, 2020 at 11:02 AM GMT+05:00

0:00

February 24, 2020 (MLN): The overall DAP offtake during January 2020 stood at 44 thousand tonnes, registering a decrease of 41.4 percent as compared to January 2019.

DAP offtake during January 2020 decreased in Punjab, Sindh, and KP by 32, 75 and 14 percent respectively, whereas it increased by 36 percent in Balochistan.

Total DAP availability was 575 thousand tonnes during the month under review. It comprised 520 thousand tonnes of opening balance, 16 thousand tonnes of imported supplies and 39 thousand tonnes of domestic production (Table 5). DAP offtake was about 44 thousand tonnes. The closing balance works out to be 533 thousand tonnes.

The total availability of DAP is estimated at around 1,625 thousand tonnes during Rabi 2019-20. This includes 406 thousand tonnes of opening stock, 824 thousand tonnes of imported supplies and 395 thousand tonnes of domestic production. The estimated offtake of DAP would be 1204 thousand tonnes, leaving a closing balance of 422 thousand tonnes for next season.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	155,384.51 274.67M	0.61% 944.82
ALLSHR	95,133.57 856.28M	0.49% 465.41
KSE30	47,466.99 137.10M	0.74% 347.09
KMI30	227,645.22 99.71M	0.67% 1519.50
KMIALLSHR	63,888.06 353.11M	0.50% 319.01
BKTi	41,761.78 72.20M	0.33% 138.95
OGTi	31,619.14 7.57M	0.41% 130.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,220.00	117,240.00 114,940.00	-2045.00 -1.74%
BRENT CRUDE	67.14	67.52 66.78	0.15 0.22%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-1.20 -1.41%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.90	63.24 62.52	0.21 0.34%
SUGAR #11 WORLD	15.90	15.98 15.80	0.11 0.70%