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.
Após 29 eventos neutro de política passados, DAP subiu em mediana +0,2% em 5 sessões (55% de alta; metade central de -0,4% a +1,3%), e +1,9% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
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.