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Kharif 2012: Senate informed about demand for urea, DAP

May 9, 2012 10:40 am 0 comments Views: 243

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The urea and DAP demand stands at 3.2 million and 0.62 million tons, respectively, for Kharif 2012, while $695.2 million were spent by the Trading Corporation of Pakistan (TCP) on the import of fertilisers since June 2011.

Minister for Industries Chaudhry Pervaiz Elahi Tuesday told the Upper House of the Parliament in a written reply to a question.He said the opening inventory of urea is 0.851 million tons, production 2.7 million tons and proposed imports of urea is 0.60 million tons.

He said this will result in expected ending inventory of urea equal to 0.951 million tons, which shows that urea availability situation in the country is satisfactory for Kharif 2012.

He said the imports of 0.6 million tons have been proposed to cater for unforeseen gas cuts and consequent shortages.About the DAP, the minister said that DAP requirement is estimated to be 0.62 million tons for Kharif 2012, which is to be met.

DAPFor this purpose, he said the opening inventory is 0.119 million tons, production 0.361 million tons and imports 0.3 million tons.

He said DAP imports are made by private sector which are being conducted smoothly according to the requirements of the country.

He said it is expected that there would be a surplus of 0.16 million tons at the end of Kharif season.He said for importing fertiliser, as many as $623.495 million were spent in cash while $71.696 million in loan from Saudi Fund for Development (SFD).

He said that the imported fertiliser is distributed/sold through National Fertiliser Marketing Limited (NFML), an institution working under the umbrella of the Ministry of Industries.

Answering another question, the minister said distribution of domestically produced fertiliser is monitored by provincial governments.

The federal government monitors distribution of imported urea only.

Copyright Business Recorder, 2012

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