Fertiliser plants face colossal revenue losses in first half
Fertiliser plants of Sui Northern Gas Pipelines Limited face colossal revenue loss of Rs5.5 billion in the first half of 2012 as urea manufacturing plummets by over 50 percent against the corresponding period last year, sources said on Wednesday.
Bloomberg reported that fertilizer producers fell after the US government said pre-harvest corn inventories fell less than analysts forecast.