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Pakistan's Federal Minister for National Food Security Khusro Bakhtiar expressed concern over a gradual rise in domestic DAP prices even as international prices declined. A consultative fertilizer meeting also reviewed urea profiteering and the stock position for the Rabi 2019-20 season.
A cabinet committee was formed to examine the profitability and pricing of urea and DAP.
Domestic DAP prices in Pakistan are rising despite weaker world prices, which points to a local pricing gap that government scrutiny may narrow. The effect on feed-relevant markets is limited.
nation.com.pkAPP17 dec 2019Na 29 eerdere neutraal beleid-gebeurtenissen bewoog DAP zich mediaan +0,2% over 5 sessies (55% hoger; middelste helft -0,4% tot +1,3%), en +1,9% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Pakistan's minister flagged rising domestic DAP prices during Rabi season demand, and a cabinet committee review of pricing signals tight local supply that could contribute to an upward price move.
