Pakistan Fertilizer: Sluggish trend continues - By Foundation Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">With the Rabi season ending and no major sowing being done, fertilizer offtake continues its sluggish trend. In Feb&rsquo;25, Urea sales recorded a decline of 36/22% YoY/MoM to 347KT. Company wise analysis reveals that FATIMA urea offtake improved 42/24% YoY/MoM to 69KT in Feb&rsquo;25, whereas FFC/EFERT recorded a decline of 35/52% YoY to 156/94KT, respectively. Industry DAP offtake dwindled 65/35% YoY/MoM in Feb&rsquo;25 to only 40KT. FFC/EFERT DAP offtake declined 83/86% YoY to 25/3KT, respectively, whereas FATIMA DAP offtake inclined 22/64% YoY/MoM to 4KT.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Fertilizer sales remained lethargic in Feb&rsquo;25: Pakistan domestic Urea offtake declined...