Urea sales dropped 13% in September; DAP sales fell sharply too
Urea sales recorded a 13% decrease month-on-month, reaching 611,000 tonnes in September. Conversely, urea sales showed a 5% rise over the first nine months of 2026, accumulating 4.4 million tonnes.
Industry urea stock levels diminished to 0.65 million tonnes in September, marking a reduction from 0.75 million tonnes recorded in August. Engro Fertilisers maintained the largest inventory holding at 519,000 tonnes.
Total DAP sales experienced a significant plunge of 39% year-on-year and 50% month-on-month, settling at 59,000 units in September. The closing inventory for DAP stood at approximately 259,000 tonnes during September.
Myesha Sohail of Topline Securities suggested that urea sales might see modest growth due to improvements in crop prices.
























































