Production of nitrogen fertilizer grows by 4.88%, phosphate by 4.93%
ISLAMABAD: Fertilizers production including nitrogen and phosphate, grew by 4.88% and 4.93%, respectively during first half of the current financial year compared to the production of corresponding period of last year.
According the Provisional Quantum Index Numbers of Large Scale Manufacturing Industries (LSMI), over 1.606 million tons of nitrogen fertilizer produced during the period from July-December, 2019-20 as against the production of 1.531 million tons of same period last year.
However, on month on month basis the production of nitrogen fertilizers decreased by 10.49% in December as about 242,128 metric tons of nitrogen fertilizers produced as compared to the production of 270,505 tons of same month of last year, it added.
Meanwhile, the production of phosphate fertilizer in last six months of current financial year was recorded at 339,137 tons as against 323,214 tons of same period of last year.
On month on month basis, the output of phosphate also went down by 5.23% in December as 50,218 tons of phosphate fertilizer produced as against the production of 52,990 tons of same month of last year. – APP