Monday, 03 September 2012 17:40:54
Kharif 2012: Around 3.377 mln tons Urea to be available against
3.214 mln tons estimated demand
ISLAMABAD, Sept 3 (APP): National Fertilizer Development Centre
(NFDC) has announced that about 3.377 million tons of urea including
0.425 million tons of imported supplies would be available against
3.214 million tons estimated demand, leaving an inventory of 0.159
million tons during on-going Kharif season.
The availability would also include 0.8 million tons of
inventory and 2.152 million tons of local production.
Issuing details about the situation during Kharif-2012,
the Centre in its latest Summary said about 0.726 million tons of
DAP would also be available in the market. The demand estimates are
around 0.552 million tons, leaving a closing balance of 0.173
million tons. Thus supply demand situation in respect of both urea
and DAP will remain satisfactory during Kharif 2012.
Regarding fertilizer offtake during June- 2012, it said
total nutrients offtake during the month was about 0.592 million
tons which increased by 96.9 per cent over June last year.
Nitrogen and phosphate offtake increased by 107.2 and 37.7 per cent
respectively whereas potash offtake decreased by 16.9 per cent.
The Summary further revealed that Urea offtake during
June-2012 was 1.029 million tons, showing an increase of 109.1
per cent over June 2011. The increase in Urea offtake was mainly due
to reduction in its company price by local fertilizer industry from
Rs. 1,790 to 1,650 per 50 kg bag of urea. The DAP offtake was
96,000 tons which increased by 40.6 per cent over corresponding
month of 2011.
The Summary said production of all fertilizer products during
June 2012 was about 0.514 million tons. Dispatches of imported
fertilizers from port were 0.195 million tons, comprising of 0.132
million tons of urea and 63,000 tons of DAP.
During June 2012, prices of all the fertilizers except TSP
decreased. During June 2012 prices of Urea Sona and Urea tara
decreased by 1.9 and 2.5 per cent over May 2012 respectively.
Prices of DAP decreased slightly (1.3 %) while prices of CAN, SSP
(P) and SSP (G) decreased by 1.0, 4.4 and 3.1 per cent
respectively. However, price of TSP increased by 2.6 per cent
over May, 2012.
The Summary said the cumulative nutrients offtake for first
three months of Kharif 2012 (April to June 2012) was 1.02 million
tons, witnessing an increase of 17.4 per cent over the same
timeframe of last Kharif 2011.
It also revealed that Urea offtake was 1.715 million tons
(1.451 million tons last year), with an increase of 18.2 per cent.
The DAP offtake was 0.182 million tons (0.153 million tons last
year), showing upward trend of 19.2 per cent over Kharif 2011.
About fertilizer offtake year on year basis (July 2011 - June
2012), the Summary indicates that total nutrients offtake during
2011-12 was 3.697 million tons, showing a decrease of 6.0 per cent
over previous year 2010-11. Nitrogen offtake was 3.055 million tons
against 3.133 million tons during 2010-11 with decrease of 2.5 per
Similarly, phosphate offtake was 0.621 million tons
against 0.768 million tons last year, showing a decrease of
19.1 per cent. Potash offtake also decreased by 33.2 per cent
compared to previous year.
In product terms, urea offtake decreased by 0.8 per cent from
5.765 million tons in 2010-11 to 5.722 million tons in 2011-12.
Offtake of DAP also decreased by 20.7 per cent from 1.325 million
tons in 2010-11 to 1.051 million tons in 2011-12, it