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This Article is From Oct 07, 2019

National Fertilizers Posts Record Sales At 27 Lakh Tonne In April-September 2019

National Fertilizers Posts Record Sales At 27 Lakh Tonne In April-September 2019
A person spreads fertilizer in a field of corn. (Photographer: Asim Hafeez/Bloomberg)  

State-run National Fertilizers Ltd. on Monday said it has achieved record sales at 27 lakh tonnes in April-September 2019-20. The company's fertiliser sales stood at 21.62 lakh tonnes during April-September period of 2018-19.

"Breaking all previous records, the NFL has achieved 27 lakh tonnes of fertiliser sales during the Kharif 2019 (April -September) season, which is 25 percent higher than the year-ago period," National Fertilizers said in a statement on Monday.

Sales of urea rose 20 percent while that of di-ammonium phosphate grew by 80 percent in the said period.

"This has been achieved despite lower production of urea at Vijaipur unit by 1.22 lakh tonnes during June-July 2019 as compared to that of the corresponding period of last year due to technical problems," the Uttar Pradesh-based company added.

The company imported around 5.73 lakh tonnes of DAP, muriate of potash, NPK fertiliser and water soluble fertilise. All are being sold in the domestic market.

"The company pushed big volumes of all types of fertilisers in this Kharif season,” said Manoj Mishra, chairman and managing director of National Fertilizers.

Kharif (summer) season of the current year ended last month. It normally begins with the onset of southwest monsoon from June. The summer crops are ready for harvest and will hit the market from next month.

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