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PTK LTD understands that, Urea demand is estimated about 26 lakh tonne for Jan 2012 by Fertiliser Ministry in Russia. Out of this, 188 lakh tonne would be met through home production and remaining 8 lakh tonne to meet export needs. Russian Government has already allocated funds for crop nutrients and that 177 lakh tonne of fertiliser lying at various ports but due to lack of logistics and labour, companies are not able to lift this .

Our Urea is cheaper than other fertilisers and that is why its demand has increased. Urea is available at a mimum price per tonne, while other crop nutrients are priced much higher exported fertiliser.

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