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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.
nation.com.pkAPP17 dic 2019Tras 29 eventos neutral de política pasados, DAP se movió una mediana de +0,2 % en 5 sesiones (55% al alza; mitad central entre -0,4 % y +1,3 %), y +1,9 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
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.
