BR Research - Fertilizer

Moving towards balanced fertilization

Moving towards balanced fertilization

Urea off-take for July was recorded at 0.34 million tons. Urea off-take in July has never been lower than this since 1996. Not that it...

FFC: sold more, earned less

FFC: sold more, earned less

Pakistan’s largest fertilizer company sold 15 percent more urea in 1HCY17 over previous year, but made far less profits. In yesteryears, a 15 percent yearly...

Urea off-take slow and steady

Urea off-take slow and steady

The federal budget 2017-18 went a long way to address ambiguities amongst the farmers’ community, especially in terms of fertilizer pricing. Channel checks suggest that...

Fertilizer goes slow and steady

Fertilizer goes slow and steady

Preview The federal budget soothed quit a few jittery nerves in the farmers’ community. There was ambiguity creeping in, which had resulted in way below average...

Fertilizer margins under pressure

Fertilizer margins under pressure

Farmers may not have gotten any relief protesting in Islamabad on the budget morning, but they surely must have gone home later in the day....

The fertilizer subsidy conundrum

The fertilizer subsidy conundrum

Uncertainty seems to be creeping in again before the budget. This time it is the fertilizer sector, as urea prices and subsidies are being discussed...

Engro Corp: profits slip

Engro Corp: profits slip

After a happening 2016, the beginning of CY17 has been a tad slow for Engro Corporation, a leading conglomerate in the country. 2016 was marked...

FFC Q1CY17: sluggish start to the year

FFC Q1CY17: sluggish start to the year

Fauji Fertilizer Company (PSX: FFC), one of the biggest fertiliser company and conglomerate in Pakistan posted it results for the first quarter of the year...

Urea off-take: No news; no worries

Urea off-take: No news; no worries

Urea off-take in February registered a 5-year low. Couple it with January urea off-take, and the 2MCY17 number is at a 13-year low. That said,...

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