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Engro Fertilizer reported first-half 2020 profit after tax down 38% year on year as urea and DAP offtake and prices fell. The company declared an interim dividend of Rs 4 per share and said its market share could rebound to 36%.
Management said it may raise urea prices if the unregistered-dealer sales issue is not resolved and discussed exporting surplus urea using RLNG.
Possible urea price hikes and export of surplus product would tighten Pakistani domestic supply and could lift nitrogen prices. The outcome depends on the unresolved tax and dealer issue.
mettisglobal.newsMG News2020年7月30日在过去 23 次中性的贸易事件之后，尿素 在 5 个交易日内中位数变动 0.0%（48% 上涨；中间一半区间为 -1.1% 至 +1.0%），20 个交易日内为 +2.8%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
