<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The year has started on a dour note for the Fertilizer sector with urea dispatches
recorded at only 1,100KT (↓40% YoY) in 1QCY25, a five year low. Fertilizer offtake
continues its sluggish trend further fueled by the Govt.’s decision to abolish support
prices, that has severely impacted farmer income. In Mar’25, Urea sales recorded a
decline of 54/12% YoY/MoM to 307KT. Company wise analysis reveals that FFC urea
offtake improved 20% MoM while declining 40% YoY to 188KT in Mar’25, whereas
EFERT/FATIMA/AGL recorded a decline of 73/64/41% YoY and 37/47/16% MoM to
59/37/24KT, respectively. Industry DAP offtake dwindled/inclined 54/21% YoY/MoM in
Mar’25 to only 49KT. FFC/EFERT DAP offtake declined 66/61% YoY and inclined...
