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Urea sales rise 108% year-on-year

byCT Report
01/07/2017
in Business
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KARACHI: Urea off-take increased 108% year-on-year in May 2017 to a total of 521,000 tons, according to sales data of the National Fertiliser Development Centre (NFDC).

On the other hand, di-ammonium phosphate (DAP) sales showed a decline of 35% year-on-year to 69,000 tons, mainly due to reduced demand across the industry. Traders have been reluctant to import DAP as the government has not yet addressed subsidy disbursement issues.

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