Urea offtake during January increases by 4.5%
MG News | February 22, 2019 at 06:27 PM GMT+05:00
February 22, 2019 (MLN): According to an official data released by National Fertilizer Development Centre (NFDC), urea offtake during the month of January, 2019 stood at 564 thousand tonnes, exhibiting an increase of 4.5% over the same period last year.
Most of the urea sales during the month were made in the province of Punjab (393 thousand tonnes, up by 10%, YoY) whereas Balochistan had the lowest demand (11 thousand tonnes, down by 37%, YoY).
Urea demand in Sindh went down by 7% to 133 thousand tonnes during the month, whereas in Khyber Pakhtunkhwa it jumped by 30% to 26 thousand tonnes.
With respect to production levels, domestic production of urea stood 460 thousand tonnes (down by 10% YoY), whereas none was imported during the month of January.
Since only 564 thousand tonnes were sold this month, the remaining amount of Urea (70 thousand tonnes) shall be stored for future use.
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