Fertilizer Offtake Numbers
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The departing week commenced on a negative note as the benchmark index lost 754 pts during the initial leg of the week,
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The official fertilizer statistics released by NFDC highlighted a growth in fertilizer sales on a yearly basis. Urea sales clocked in at 408Kt (↑19% Y/Y, ↑5% M/M).
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The market freefell in trading today to reach a low of 34,368 points before closing at 34,472 points,
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Pakistan has faced a steadily worsening current account over the last five years starting FY14, whereby the CAD deficit stood..
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