Fertilizers: Urea sales to hit 5yr low in Mar-2025 - By JS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Fertilizer sales during Mar-2025 are expected to remain abysmal amid suboptimal farm economics. Accordingly, Urea offtake is likely to witness a decline of 54% YoY, arriving at 308k tons during the month. Cumulatively, Urea off-take during 1QCY25 is estimated to clock in at 1.1mn tons, down 40% YoY. Likewise, DAP sales are likely to drop by 61% YoY during the month.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company-wise, Fauji Fertilizer Company (FFC) is expected to post Urea off-take of 187k tons, down 26% YoY in Mar-2025. This includes 19k tons of granular Urea (ex. FFBL). EFERT&rsquo;s Urea sales volume likely to arrive at 59k tons, down 60% YoY. Similarly, Urea off-take for FATIMA is likely...