# Urea offtake registers a whopping increase of 240% YoY in Oct’20

> Pakistan's urea offtake rose 240.4% year on year in October 2020 to 413 thousand tonnes, according to the National Fertilizer Development Centre. The prior-year base was depressed by high prices and uncertainty over the GIDC levy. Closing inventories for December to February are forecast below recommended levels, signalling a tight supply position.

- Date: 2020-11-25 · published 2020-11-25T12:00:00.000Z
- Category: report · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/4694-urea-offtake-registers-a-whopping-increase-of-240-yoy-in-oct-20
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tight Pakistani urea stocks and strong demand can lift regional import needs and support urea prices. The offtake jump mainly reflects a weak 2019 base, so the signal is moderate.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-07-24 | [Urea Weekly Report: Rising international prices and rising futures prices increased orders in the week (No. 20230721)](https://feedsoft.ai/events/4759-urea-weekly-report-rising-international-prices-and-rising-futures-prices.md) | +31.8% | +18.1% |
| UREA | 2025-04-30 | [Increased corn acres driving higher fertilizer prices; farmers may see fuel price relief](https://feedsoft.ai/events/4277-increased-corn-acres-driving-higher-fertilizer-prices-farmers-may-see-fuel.md) | +17.4% | +7.7% |
| UREA | 2024-06-26 | [Global trading overview - Q1 2024 in review \| Incitec Pivot Fertilisers](https://feedsoft.ai/events/29676-global-trading-overview-q1-2024-in-review-incitec-pivot-fertilisers.md) | -2.0% | -0.9% |
| UREA | 2026-02-02 | [Fertilizer Prices Ease to Start the Year, but Urea and Trade Risks Remain in Focus - RFD-TV](https://feedsoft.ai/events/5724-fertilizer-prices-ease-to-start-the-year-but-urea-and-trade-risks-remain-in.md) | +10.1% | +28.6% |
| UREA | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | -0.0% | +12.8% |

## Sources

- mettisglobal.news: https://mettisglobal.news/urea-offtake-registers-a-whopping-increase-of-240-yoy-in-oct20-2

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.