# MI&P expresses satisfaction over urea supply, demand situation - Business & Finance - Business Recorder

> Pakistan's Ministry of Industries and Production met with fertiliser producers and said it was satisfied with the current urea supply and demand situation. Officials cited 250,000 tonnes of opening inventory and expected 2021 output of six million tonnes, against annual demand of the same amount. RLNG-based plants are expected to restart from April or earlier.

- Date: 2021-01-14 · published 2021-01-14T12:00:00.000Z
- Category: policy · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/49450-mi-and-p-expresses-satisfaction-over-urea-supply-demand-situation-business-and
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Adequate domestic urea stocks and planned restarts point to a well-supplied Pakistani market, which limits upward pressure on urea prices. Kharif demand of three million tonnes is the main seasonal draw to watch.

## Read by commodity

- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-12-01 | [Urea Monthly Review: Supply Guarantee Policies Affect Market, Urea Prices Under Upward Pressure](https://feedsoft.ai/events/10280-urea-monthly-review-supply-guarantee-policies-affect-market-urea-prices-under.md) | -2.0% | -5.1% |
| UREA | 2021-04-14 | [Press Release:Press Information Bureau](https://feedsoft.ai/events/47542-press-release-press-information-bureau.md) | +1.5% | +0.7% |
| UREA | 2024-01-22 | [Congress Needs to Get Creative to Boost Reference Prices, Crop Insurance and Disaster Aid](https://feedsoft.ai/events/32101-congress-needs-to-get-creative-to-boost-reference-prices-crop-insurance-and.md) | +12.6% | +13.1% |
| UREA | 2023-12-11 | [(2nd LD) S. Korea to extend tariff quota on urea, fertilizer material over China's export curbs \| Yonhap News Agency](https://feedsoft.ai/events/32638-2nd-ld-s-korea-to-extend-tariff-quota-on-urea-fertilizer-material-over-china-s.md) | -3.1% | -2.4% |
| UREA | 2024-11-01 | [Fertilizer subsidy payout declines in April-September  - The HinduBusinessLine](https://feedsoft.ai/events/5408-fertilizer-subsidy-payout-declines-in-april-september-the-hindubusinessline.md) | -4.7% | -5.0% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40051704

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