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Urea retail prices in Pakistan have risen about Rs100 per 50kg bag above the controlled rate of Rs1,668 as wheat planting increases demand. Two urea plants with combined capacity of 70,000 metric tons per month have been shut for several weeks.
A widening gap between strong demand and short domestic supply supports higher urea prices in Pakistan and may increase import demand for the crop season.
thenews.com.pkOur CorrespondentDec 16, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
