Pakistan's Federal Minister for National Food Security Khusro Bakhtiar expressed concern over a gradual rise in domestic DAP prices even as international prices declined. A consultative fertilizer meeting also reviewed urea profiteering and the stock position for the Rabi 2019-20 season.
A cabinet committee was formed to examine the profitability and pricing of urea and DAP.
Domestic DAP prices in Pakistan are rising despite weaker world prices, which points to a local pricing gap that government scrutiny may narrow. The effect on feed-relevant markets is limited.
Nach 29 vergangenen Ereignisse (neutral, Politik) bewegte sich DAP im Median über 5 Handelstage um +0,2 % (55% höher; mittlere Hälfte -0,4 % bis +1,3 %) und über 20 Handelstage um +1,9 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Pakistan's minister flagged rising domestic DAP prices during Rabi season demand, and a cabinet committee review of pricing signals tight local supply that could contribute to an upward price move.