offtake

offtake

(ˈɒfˌteɪk)
n
(Commerce) commerce the act of taking off, specifically relating to removing goods from a market by purchasing them
References in periodicals archive ?
On monthly basis, urea offtake is likely to decline by 28 per cent due to seasonality, that is, end of Rabi season, the report further added.
Polymetal International plc (together with its subsidiaries Polymetal, the Company, or the Group) has signed its first offtake contract for Kyzyl concentrate.
LAHORE -- The urea offtake for the month of Dec 2017 clocked in at 717,000 tons, down by 20 percent annually, but up 19 percent on a sequential basis due to seasonally higher demand during the month.
Menthol prices were trading down by Rs 5 per kg in the national capital on Friday owing to reduced offtake by consuming units amid adequate stocks.
Haltermann Carless, which is part of HCS, is expected to be the direct customer with Gevo under the proposed five-year offtake agreement in two phases.
Commercial agreements for the offtake of product has now been finalized, according to the company.
Commercial agreements for the offtake of product have now been finalized, according to the company.
Offtake of Urea and DAP offtake and sale of pesticides also declined which could be result of low buying power of farmers, he said.
The sources said during the period total offtake of fertilizer nutrients witnessed a small increase of 1.
On a monthonmonth basis urea offtake increased to 467000 tons.
The IPO filing disclosed details of Philadelphia Energy Solution's offtake agreement with JP Morgan Chase & Co, which is close to selling its physical commodities business to Swiss trading house Mercuria.
The company reported an increase of 33 percent in its cumulative sales between April to February in the current fiscal that stood at 2,502,164 units from 1,886,741 units offtake in the same period of last year.