# Urea price rises as some plants close down

> Urea retail prices in Pakistan have risen to Rs1,800 per 50kg bag, above the maximum retail price of Rs1,600, as several fertiliser plants have closed. Dealers are reported to be hoarding stock amid the supply gap. Officials are discussing gas supply for three closed plants to restore about one million tonnes of idle capacity.

- Date: 2018-08-02 · published 2018-08-02T12:00:00.000Z
- Category: policy · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/63846-urea-price-rises-as-some-plants-close-down
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower domestic urea output and hoarding tighten local supply and push prices up, which raises input costs for Pakistani farmers. Restoring gas to idle plants is the main lever for easing prices.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-03-01 | [Urea prices skyrocket as gas subsidies vanish, wheat crop at risk](https://feedsoft.ai/events/6431-urea-prices-skyrocket-as-gas-subsidies-vanish-wheat-crop-at-risk.md) | +8.3% | +5.8% |
| UREA | 2021-10-20 | [Rice Prices Set to Rise as Fertilizer Rally Drives Up Farm Costs - Caixin Global](https://feedsoft.ai/events/44642-rice-prices-set-to-rise-as-fertilizer-rally-drives-up-farm-costs-caixin-global.md) | -2.0% | +9.0% |
| UREA | 2025-02-03 | [Urea Continues to Rise as EU Proposes Russian Fertiliser Tariffs \| CZ app](https://feedsoft.ai/events/4645-urea-continues-to-rise-as-eu-proposes-russian-fertiliser-tariffs-cz-app.md) | +10.5% | +9.8% |
| UREA | 2024-02-29 | [Higher gas prices push up urea rates](https://feedsoft.ai/events/6432-higher-gas-prices-push-up-urea-rates.md) | +7.6% | +8.6% |
| UREA | 2024-03-01 | [Engro Fertilizers raises urea price by Rs740 amid gas hike](https://feedsoft.ai/events/6435-engro-fertilizers-raises-urea-price-by-rs740-amid-gas-hike.md) | +8.3% | +5.8% |

## Sources

- tribune.com.pk: https://tribune.com.pk/story/1772162/urea-price-rises-plants-close

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