Urea offtake declines significantly by 16 percent in September: NFDC

MG News | October 28, 2019 at 05:56 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

October 28, 2019 (MLN): The overall Urea offtake during the month of September, 2019 stood at 405 thousand tonnes, demonstrating a decline of 16 percent as compared to the corresponding period of last year.

According to a monthly review report by National Fertilizer Development Centre (NFDC), the total offtake during the Kharif 2019 was 3023 thousand tonnes, i.e. 4.7 percent more than Kharif 2018.

Urea offtake increased by 10 percent in Punjab and 10 percent in KP while decrease 59 and 16 percent in Sindh and Balochistan, respectively.

Total urea availability during September 2019 was about 880 thousand tonnes, which comprised 330 thousand tonnes of previous month leftover and 550 thousand tonnes domestic production. Urea offtake during September 2019 was 405 thousand tonnes leaving a closing balance of 476 thousand tonnes.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	163,924.32 118.89M	-1.21% -2006.67
ALLSHR	99,526.88 364.30M	-1.08% -1083.61
KSE30	48,313.81 50.96M	-1.53% -750.07
KMI30	235,637.18 55.46M	-1.36% -3247.37
KMIALLSHR	64,683.09 191.88M	-0.90% -587.30
BKTi	45,181.21 14.21M	-1.56% -715.82
OGTi	33,395.61 3.57M	-0.82% -277.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,420.00	84,945.00 80,845.00	-3195.00 -3.78%
BRENT CRUDE	113.43	113.50 109.81	4.61 4.24%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-1.55 -1.19%
ROTTERDAM COAL MONTHLY	147.10	0.00 0.00	1.80 1.24%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	99.42	100.17 97.72	2.27 2.34%
SUGAR #11 WORLD	20.13	20.64 20.10	-0.32 -1.56%