Tag: Urea
Excessive imports beat the daylight out of urea sales
February saw urea offtake in the country sharply declining by 61 percent to 160k tons, marking one of the lowest monthly sales figures in...
Fauji fertiliser maintains urea share at 41 per cent
Fauji Fertiliser Company (FFC) maintained its urea market share at 41 per cent during CY11 by selling 2.4 million tonnes, marginally lower than CY10...
Urea black-marketing reaches alarming numbers
Punjab agriculture department indicates that despite strict monitoring, around 23,000 urea bags are being black-marketed daily but government agencies have no mechanism to trace....
TCP awards import contracts for 250,000 metric tonnes urea
Trading Corporation of Pakistan (TCP), in response to its international Gallop Tender Notice floated on January 11, 2012, awarded import contracts for a total...
Profiteers bag Rs400-450 per urea bag sale: ECC observes
Economic Coordination Committee (ECC) of the Cabinet has decided that the price differential between prices of imported urea and selling price of locally manufactured...
Engro raises urea prices
After imposition of Gas Infrastructure Development Cess (GIDC) and rise in gas tariff, ENGRO has raised urea prices by Rs210 per bag to Rs1,790...
Gas Cess to raise urea prices by Rs 300
After government’s decision to impose Gas Infrastructure Development Cess on different industries, including fertiliser sector, feed stock gas’ price for fertiliser sector would increase...
Urea price increase and impact on industry
As per management sources, Engro has announced Rs100 per bag price hike of urea. The new price of urea is Rs1,580 per bag. Fauji...
Committee wants investigation
Taking notice of the report over missing of 50 per cent of total urea bags distributed among the ghost feriliser dealers in Punjab and...
SNGPL cuts gas supply to urea plants
Sui Northern Gas Pipelines Limited (SNGPL) has once again suspended gas supply to the country’s largest urea manufacturing plant, Engro Fertiliser’s new plant, for...
Urea again
We must keep addressing the urea issue so long as the government’s handling of it leaves a little something to be desired, especially since...
Urea shortage to affect food security
Trading Corporation of Pakistan (TCP) has awarded contract for the import of 215,000 tonnes of urea even though the Economic Coordination Committee of the...
Urea prices skyrocket
Successful governments in Pakistan always try to find out political solutions to economic issues. Alarmingly high urea price spiral also indicates the same problem...
Destroying agrarian economy
Price of urea fertiliser has once again been increased by Rs 450 per bag. The last increase of Rs 202 was only two weeks...
Urea price hike causing food inflation
Skyrocketing increase in urea and DAP prices is leaving almost no option for the farmers. Hence, eventually, the crops grown would be sold at...
Gas curtailment hits urea prices
Engro Corporation has raised urea prices by Rs400/bag. As a result of this price hike, urea prices now stand at Rs1,980/bag (inclusive General Sales...
Government orders probe against TCP for violating instruction of urea imports
Taking serious notice of violation of its decision on the urea imports by the Trading Corporation of Pakistan (TCP) through the Gwadar port, the...
