Skip to main content

PhosAgro reports 1Q20 operating results

Published by , Editor
World Fertilizer,

PhosAgro has announced that its fertilizer sales in 1Q20 increased by 10% y/y to 2.8 million t.

Production of phosphate rock and nepheline concentrate increased by 0.9% y/y to 2.95 million t. Production rose by 2% quarter-on-quarter.

Total fertilizer production in 1Q20 amounted to 2.54 million t. Year-on-year growth of 8.6% was due to upgrades to production capacities and efficiency gains achieved during the previous year. Total fertilizer production was up 8% quarter-on-quarter.

Sales of phosphate-based fertilizers grew by 8.2% y/y to 2.08 million t. The increase reached 20.1% quarter-on-quarter on the back of a recovery in seasonal demand and positive demand expectations for agricultural products.

Sales of nitrogen-based fertilizers rose by 13.8% y/y and amounted to 702 000 t. In quarter-on-quarter terms the growth was 30.9%.

Domestic fertilizer sales accounted for 33% of the total in 1Q20 (compared with 17% in 4Q19 and 24% 1Q19), driven by the company's focus on its priority Russian market and the strong recovery in domestic demand.

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

PhosAgro news