# Urea prices on rise amid wheat cultivation

> 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.

- Date: 2020-12-16 · published 2020-12-16T12:00:00.000Z
- Category: market · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/49964-urea-prices-on-rise-amid-wheat-cultivation
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

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.

## Read by commodity

- UREA: bullish ▲

## Sources

- thenews.com.pk: https://www.thenews.com.pk/print/759236-urea-prices-on-rise-amid-wheat-cultivation

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