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Pakistani fertilizer maker Fauji Fertilizer Company raised urea prices three times since July 2018, bringing the bag price to Rs1,820. Industry peers are expected to follow the leader's increase at the start of the kharif season.
Higher domestic urea prices in Pakistan raise farm input costs and may reduce fertilizer application, affecting local crop yields and regional grain demand.
thenews.com.pkJawwad RizviMar 21, 2019After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% over 20.
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.
