Inside Financial Markets

Fertilizer numbers for Sep-13 are given below.

ureaFertilizer numbers for Sep-13 are given below.

Highlights

Engro continues to receive 60mmcfd additional gas from Mari leading to higher production levels.

– Urea sales are going strong and FFC is sitting on minimal inventory.

– FFBL’s urea plant gas supply has been discontinued resulting in lower production and sales.

– FFBL’s DAP sales have picked up in the latter half of the month as a result of PKR 270/bag price cut during the month.


Production  Tons

Sep-12

Aug-13

Sep-13

M/M

 Y/Y

 ENGRO  Urea

      58,718

   164,995

   164,000

-1%

179%

FFC  Urea

   197,325

   201,596

   195,000

-3%

-1%

FFBL  Urea

      18,624

      35,357

      11,000

-69%

-41%

FFBL  DAP

      35,116

      64,514

      63,000

-2%

79%

Sales  Tons

Sep-12

Aug-13

Sep-13

M/M

 Y/Y

 ENGRO  Urea

      50,252

   162,023

   160,000

-1%

218%

FFC  Urea

   144,972

   197,629

   207,000

5%

43%

FFBL  Urea

      17,106

      33,906

      12,000

-65%

-30%

FFBL  DAP

   188,451

      49,853

      95,000

91%

-50%

ENGRO  DAP

        7,871

      26,707

      34,000

27%

332%

 

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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