<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Fertilizer offtake remained weak with urea edging down/up
1/4% YoY/MoM, respectively, to 608KT in Jul’25. The Government’s withdrawal of
support prices, which has severely strained farmer earnings, led to subdued
fertilizer offtake in 7MCY25. During 7MCY25, Urea/DAP sales recorded a decline
of 19/21% YoY to only 2,959/562KT compared to 3,649/708KT in 7MCY24,
respectively. Company wise analysis reveals that FFC/FATIMA urea offtake
inclined 10/4% YoY and 1/20% MoM to 273/97KT in Jul’25, respectively whereas EFERT
recorded a decline of 16/1% YoY/MoM to 207KT. AGL’s urea offtake registered
growth of 35/32% YoY/MoM to reach 31KT in Jul’25. During 7M, FFC/EFERT/AGL urea
offtake underwent a decline of 24/24/3% YoY, whereas FATI...
