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Urea market prices in Pakistan have settled at Rs1,600 per bag, up Rs200-250 from late 2017, after subsidy withdrawal and falling inventories. Experts estimate the price rise will cost farmers around Rs30 billion annually.
Lower dealer and national inventories and subsidy withdrawal point to firmer urea and DAP prices in the region, which raises crop input costs and may shift farmer demand toward alternative fertilisers like NPK.
tribune.com.pkShahram HaqJun 20, 2018After 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.
After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% 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.
