Belarus' Mineral Fertilizer Output Increases 20.4% on Year in 1H 2014
OREANDA-NEWS. Belarus' output of all mineral fertilizers grew 20.4% on the year in January-June 2014 to 3.718 million tonnes, a representative of Belarus' Statistics Committee told.
The output of potash fertilizers grew 24.1% on the year in January-June to 3.185 million tonnes, nitrogen fertilizers - up 7.3% to 441,600 tonnes, and the production of phosphate fertilizers went down 16.4% to 91,300 tonnes in the period.
Chemical fibre and filament production reduced 7.6% to 96,800 tonnes.
Combined output of Belarus' chemical and petrochemical industry went up 14.5% on the year in January-June 2014 to 31.762 trillion Belarusian rubles (Br) in monetary terms (USD 3.087 billion at the NBB rate).
In value terms, inventories of mineral fertilizers were at 43.9% of the average monthly output, or 2.09 trillion rubles (USD 203.158 million) as of July 1, 2014.
Mineral fertilizer inventories reduced by 17.8% on the month as of July 1, 2014, up to 6,300 tonnes.
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