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Pakistani urea prices have risen sharply as gas prices for fertilizer producers soared and subsidies were cut. Engro raised its urea price by Rs882 per 50 kg bag to Rs4,649, while urea prices from other producers range from Rs3,767 to Rs5,489 per bag.
Urea is up about 350 percent since March 2021, while the wheat support price has risen by less than half.
Higher gas-linked nitrogen costs lift fertilizer prices and squeeze farm margins, which can cut wheat planting and output and support feed grain prices. Price distortion between gas networks also keeps the urea market fragmented.
thenews.com.pkManuwar Hasan1 Mar 2024Setelah 129 peristiwa kebijakan bullish sebelumnya, Urea bergerak median -0,1% selama 5 sesi (47% lebih tinggi; separuh tengah -1,3% sampai +2,3%), dan +1,4% selama 20 sesi.
Setelah 182 peristiwa kebijakan bullish sebelumnya, Gandum (SRW) bergerak median +0,1% selama 5 sesi (52% lebih tinggi; separuh tengah -1,9% sampai +1,4%), dan -0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
