Strictly as per the compliance and regulations of

Table of contents

1. INTRODUCTION

ertilizers in Pakistan are playing an important role in the economy of Pakistan. They are contributing from 30 to 60 percent in different crop production regions of the country. If we talk about the consumption pattern then Pakistan stand at the no in the world, but if we see the growth of the sector then we come to know that the sector is not improving so much.

There are basically two main types of fertilizers ? Organic ? Inorganic Fertilizers are used to improve the quality as well as quantity of food, growth, production of the crop. Domestic production is marketed mainly by producers themselves, while imports are marketed most fertilizers are labeled garden fertilizer, lawn fertilizer, flower fertilizer, etc. time is best hope to improve per hectare yield if irrigation water and certified seeds are provided according to need and weather conditions are favorable so in Pakistan fertilizer sector is like a back bone of economy.

2. II.

3. LITERATURE REVIEW OF FERTILIZER SECTOR

Organic fertilizers are bone meal, fishmeal, blood; etc. Inorganic manure is Nitrogen, potassium or any other chemical necessary in the need of plant growth.

4. Fertilizer Sectors Pulls the Strings at Bourse

Since 2001 To 2010

(ECONOMIC SURVEY REPORT 1999).

(The GM Finance, Fauji Fertilizer Company Ltd., Liaquat JavedMian), said that the fertilizers are meeting the company requirements up to mark but if we see the consumptions pattern according to the world and Pakistan production then it is so much low, this point is according to the export point of view.

(The Manager Marketing Services, Engro Chemical Pakistan Ltd)according to him the fertilizers are important part of the feed and other components, and the production of the fertilizers is up to mark but they should improve the production to meet the universal requirements. Our country's food requirement was 17 million tons in the year 2000, which would reach to 25 million tones till 2020.

(Zaffar A. Khan, President Engro Chemical), spoke on "Certain perceptions about the fertilizer industry". According to him the fertilizers are not sincere with the environment this is because they are charging high prices, low quality and thus not satisfying the customers. So if we want to flourish the sector then we should implement the strict policies so that their sincerity could be true.

(Dr. Binyamin Khalid, the Technical Services Advisor, Engro Chemical Pakistan Ltd). Said the use of fertilizer is not poisonous. It has helped a lot to the economic development of the country and help Pak. He said that the use of fertilizer has increased the production from 8 mounds to 29 mounts per acre from last few years

The imports of fertilize registered a negative grant of 25.5% amounting US$167.6 million as compared to US$265.1 million in financial year 1999. The private sector should be encouraged to flourish, appropriate steps should be taken for privatizing fertilizer factories, maximum incentives for fertilizer factories should be provided and efficient, experienced and trained persons should be encouraged and they may be provided with direct and indirect fringe benefits.

5. METHODOLOGY

In this study one way ANOVAs test as well as others test are used, it is used to comparing the means from 2001 to 2010.multiple as well as regression model is used to known that the differentiate between variables which may be dependent or independent. Like sales paid of capital and others describe graphs also explain the fertilizers sectors ups and down in economy in ten years like area and line chart. We have also find out standard devotion mean and then coefficient of variance per year.etc.

First we will see how the different particuars are changig will the passage of time, so we will discuss the graphs first.

6. Graphs:

As from the table we see that the equity is more in 2003 and 2006 as compare to others yearsin others it remain almost constant. This graph shows that paid of capital is increasing slightly from first and then decline and star growing up while equity keep on growing year by year., paid of capital and equity have almost the same effect.

This chart tell us that in 2001 total assets of fertizers sectors were small but in 2010 it was much high sales also to some extent increase randomly while profit after tax was keep on decreasing equity was almost the same slowly increased. Now here we will show you the standard deviation, mean, variance and covariance of the different particulars. Sales shows variable effect as its minimum CV was 50.3 so this means that it is rapid ally increase then decrease as well. Paid of capital and equity remain almost increasing par year, mean of profit before tax is showing variation. In the year 2008 its sales were not even to the break point so it was consider as zero. Explanation power of the model: If we see the explanation power of the model then we come to know that the model explanation power is almost "99%" which depicts that all the variables are explaining the model very well and also the data is real time data.

7. Hypothesis: H o :

The model is not significant H 1 :

The model is significant Here we will see the significance value then we come to know that which particular we should include and which should not.

Here we see that the sales, PBT, Paid up capital and cash dividend significance is lower than the 5% so we concluded that these particulars should be included in the model and should reject all the other particulars which have higher significance value i.e. equity, assets, financial charges, tax stock dividend will not be included in the model.

8. IV.

9. Conclusion

From the above results we concluded that the fertilizer industry is growing with some normal pace in our country, this is because of the government policies, less latest technology, not operating their operations very well. Profitability is contributing less to the economy; the production is up to the mark but should be improved also the inefficiency of the management impacts on the prices of the fertilizers which at the end effects the consumers.

But if we see the opportunities then we realize that if only the government policies, technology improve then the sector could give its total output, which thus contribute to the economy of the Pakistan which will be benefited for all of us.

Figure 1.
split between Kharif and Rabi seasons. In Sharif 2002 deliveries amounted to 1 384 thousand tons of nutrients and in Rabi 2002/03 to 1 634 thousand tons of nutrients. On a three year basis the share of urea was 65.8 percent, DAP 18.0 percent, NP compounds 5.5 percent, CAN 5.7 percent and 5 percent of various other fertilizers November, December and January are the main (Mian, A. & Javed, Y. 2005. The soil resources of Pakistan -their potential, present stage and strategies for conservation. Sector paper for National Strategy. 53 pp. Islamabad.) III.
Figure 2.
2009 and 2004 was the best year for sales as compare to others years this shows that sales were maximum in 2009 and 2010 and in others years it keep on constant. In other words sale mostly remain slowly growing Profit before tax wasmaximum in 2005 and 2003 while it keeps on changes as to time as well. So profit keeps on increasing as well. While in 2007 and 2006 it was low and decline as well AREA chart of paid up capital and equity
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Appendix A

  1. President Engro Chemical, A Zaffar , Khan .
  2. Binyamin Khalid, the Technical Services Advisor, Engro Chemical Pakistan Ltd, Dr .
  3. Binyamin Khalid, the Technical Services Advisor, Engro Chemical Pakistan Ltd 6. (ECONOMIC SURVEY REPORT, Dr . 1999.
  4. GM Finance, Fauji Fertilizer Company Ltd., LiaquatJavedMian,
  5. Profit Before Tax, 51524.508 25949.2356 50.3628. 2009.
  6. The Manager Marketing Services, Engro Chemical Pakistan Ltd,
Notes
1
Global Journal of Management and Business Research Volume XII Issue III Version I © 2012 Global Journals Inc. (US)
2
MarchFertilizer Sectors Pulls The Strings At Bourse Since 2001 To 2010
Date: 2012-02-03