Investor Presentaiton
Segmental Details: Fertilizers
Urea
(contributed ~90% of the segment revenue in 2020)
Key segment
products analysis
1,408
983
1,058
1,178
970
1,043
828
714
266
251
267
233
227
240
249
221
Δ
Δ
Δ
Δ
A
Δ
Δ
Δ
Q1-19
Q2-19
Q3-19
Q4-19
Q1-20
Q2-20
Q3-20
Q4-20
Sales volumes during 2020 were affected due to the recognition methodology under the temporary gas processing
arrangement for Qafco trains 1-4 for the first seven months of 2020. Selling prices declined in Q1-20 & Q2-20 due
to weakness noted in the demand outweighed the gradual easing of supply side bottlenecks, whereas, a recovery
in urea prices was noted in Q3-20 and Q4-20 on the back of improved macroeconomic conditions.
Ammonia
(contributed -6% of the segment revenue in 2020)
282
230
234
210
226
218
236
184
130
82
122
92
66
49
162
13
Q1-19
Q2-19
Q3-19
Q4-19
Q1-20
Q2-20
Q3-20
Q4-20
Sales of ammonia remained opportunistic depending on the market conditions and availability of excess ammonia,
where most of the ammonia production is used for Urea production.
Sales Volumes (MT '000)
Selling price ($/MT)
31
Note: Quarterly figures for the year 2020 have been restated to show the effects of acquisition of Qafco's
25% stake retrospectively, with effect from 01 January 2020.
Industries Qatar, IR Presentation, YE 2020View entire presentation