Pakistan Fertilizer: Urea sales for Sep-2024 is expected to clock in at 365k tons, down 35% YoY – By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan Urea sales in Sep-2024 is expected to clock in at 365k tons, down 35% YoY compared to 564k tons in Sep-2023. The significant decline is attributed to higher Urea prices and weaker farmer economics, according to our channel checks.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Urea sales is also expected to down 35% MoM due to seasonal factors.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Urea sales in 9M2024 is expected to clock in at 4.6mn tons compared to 5.0mn tons in 9M2023, down 8% YoY.</span></li></ul><p></p>