# Subsidy disbursement delay puts fertilizer makers on the rocks - Profit by Pakistan Today

> Pakistani fertilizer makers face a delayed government subsidy payment of about Rs 20 billion, raising their financing costs by over 23 percent through costly short-term borrowing. Industry sources say earnings could fall 33 percent versus last year. Sales hit a record in August as dealers stocked up on discounts, and exports eased inventories.

- Date: 2017-10-20 · published 2017-10-20T12:00:00.000Z
- Category: policy · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/68753-subsidy-disbursement-delay-puts-fertilizer-makers-on-the-rocks-profit-by
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher financing costs and a reduced urea subsidy pressure fertilizer makers' margins and supply willingness, which can tighten domestic urea availability and support prices for farmers and feed-related nutrient costs.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-09-01 | ['Substantial upside risk' to urea prices - but values of other fertilizers to dip - Grain Price News](https://feedsoft.ai/events/12415-substantial-upside-risk-to-urea-prices-but-values-of-other-fertilizers-to-dip.md) | -5.4% | -5.9% |
| UREA | 2026-07-16 | [French Government subsidy triggers nitrogen demand spike \| World Fertilizer](https://feedsoft.ai/events/18672-french-government-subsidy-triggers-nitrogen-demand-spike-world-fertilizer.md) | +4.2% | +4.1% |
| UREA | 2020-09-15 | [Fertilizer: Urea price hike on the cards following denial of relaxation on GIDC payments](https://feedsoft.ai/events/51408-fertilizer-urea-price-hike-on-the-cards-following-denial-of-relaxation-on-gidc.md) | -0.7% | -5.2% |
| UREA | 2023-09-07 | [China Asks Fertilizer Producers to Suspend Urea Shipments - Bloomberg](https://feedsoft.ai/events/9877-china-asks-fertilizer-producers-to-suspend-urea-shipments-bloomberg.md) | -0.6% | -4.9% |
| UREA | 2022-02-14 | [Fertiliser subsidy going to be three times higher \| The Business Standard](https://feedsoft.ai/events/43008-fertiliser-subsidy-going-to-be-three-times-higher-the-business-standard.md) | -3.8% | +38.2% |

## Sources

- profit.pakistantoday.com.pk: https://profit.pakistantoday.com.pk/2017/10/21/subsidy-disbursement-delay-puts-fertilizer-makers-on-the-rocks

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