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FINANCIAL NEWS
Jordan’s industrial sectors’ production drop in Q1
08 May 2016
(MENAFN) The whole industrial production of the main sectors dropped in Q1 this year except for raw phosphate.
Accordingly, production of raw phosphate rose slightly, but did not surpass 1.6 percent compared to same period of 2015.
Moreover, there was also a drop of potash by 14.5 percent, fertilizers by 31.5 percent and electricity by 39.1 percent.
On the other hand, fertilizer prices fell down in the global market due to the fall of demand as a result of large stocks in the consuming nations.
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