Urea production in Pakistan
As a report published in the Express Tribune ,January 26,2020
image of urea for understanding purpose
Domestic companies managed to achieve urea production pf 6.17 million tons in 2019 .according to the figures released by National fertiliser development centre (NFDC) on thursday ,the production was 10 percent higher as compared to 5.6 million tons produced in 2018
Domestic of the community increased due to better gas availability yo sector and Pakistan tehreek-e-insaf government's to revived to close urea plants by providing them RLNG at subsidised rate in order to facilitate farmers
'urea sales were expected to be on higher side due to shift in crop cycle and lower inventory carried by dealer this time," said Foundation securities research analyst Usman Arif
Improved gas availability due to lower demand from power plants resultes in better gas supplyto EngroFertilizer from Mari gas field which produced additional 0.2 million ton of urea in 2019"
Fertiliser price during 2019 increased by 12% partly due to Government's decision to hike gas prices for fertiliser feed/fnuel gas by 62/31% inI july 2019 to meet IMF pre-conditions.
EDITIOR'S NOTE: Content shared with you can be seen on Express Tribune
image of urea for understanding purpose
Domestic companies managed to achieve urea production pf 6.17 million tons in 2019 .according to the figures released by National fertiliser development centre (NFDC) on thursday ,the production was 10 percent higher as compared to 5.6 million tons produced in 2018
Domestic of the community increased due to better gas availability yo sector and Pakistan tehreek-e-insaf government's to revived to close urea plants by providing them RLNG at subsidised rate in order to facilitate farmers
'urea sales were expected to be on higher side due to shift in crop cycle and lower inventory carried by dealer this time," said Foundation securities research analyst Usman Arif
Improved gas availability due to lower demand from power plants resultes in better gas supplyto EngroFertilizer from Mari gas field which produced additional 0.2 million ton of urea in 2019"
Fertiliser price during 2019 increased by 12% partly due to Government's decision to hike gas prices for fertiliser feed/fnuel gas by 62/31% inI july 2019 to meet IMF pre-conditions.
EDITIOR'S NOTE: Content shared with you can be seen on Express Tribune

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