Urea sales dip 13pc in September

According to Dawn, urea sales reached 611,000 tonnes in September, a 13 per cent drop from August but a 43 per cent jump from a year earlier. Over the first nine months of 2026, cumulative sales edged up 5 per cent to 4.4 million tonnes. Topline Securities analyst Myesha Sohail attributed the monthly decline mainly to seasonal factors, while the annual gain largely reflected a low base and stronger crop activity.

Industry urea inventory dropped to a nine-month low of 0.65 million tonnes in September, down from 0.75 million in August. On a company basis, Engro Fertilisers led with 519,000 tonnes in stock, while Fauji Fertiliser Company (FFC) held 88,000 tonnes and Fatima Group 29,000 tonnes. DAP sales fell 39 per cent year on year and 50 per cent month on month to 59,000 tonnes in September, pulling the nine-month total to 756,000 tonnes, which is 5 per cent lower annually. DAP closing inventory stood at about 259,000 tonnes at the end of September.