Pakistan Urea Sales to Drop 14% in August 2024"

Minister for monitoring quality of  value added Urea products

Islamabad: Minister for Industries, Production and National Food Security Rana Tanveer Hussain on Saturday directed the Pakistan Standards and Quality Control Authority  to check value-added urea products of fertilizer companies to ensure the quality of the commodity across the country.G2G Urea Import Deal Proposed

The minister chaired a review meeting which discussed issues related to the availability and pricing of urea fertilizer in the country.

Dr Mussadiq Malik, Minister of Energy, Petroleum Division also attended the meeting whereas, CEOs of FFCL, FFBCL، Engro Corporation, Agritech and Fatima Fertilizer Corporation participated in the meeting۔

Rana Tanveer Hussain also directed the introduction of toll-free numbers to receive complaints against price increases & overcharging by dealers to facilitate the growers across the country by providing them all agriculture inputs on sustainable rates.

The minister  further said that estimated availability of Urea during the Kharif season 2024 was recorded at 3,394 thousand tons, while the total consumption of urea during the Kharif season is expected to be around 3,156 thousand tons.

He noted that there was sufficient stock of Urea fertilizer available in the country for the Kharif season and stressed  the need to ensure uninterrupted  supply of the commodity at affordable prices during the season.

The Chief Executive Officers of the Fertilizer Companies ensured that all manufacturing units will operate at full capacity to meet local demand provided that uninterrupted gas supply is ensured by the government۔

It was agreed in the meeting that fertilizer companies will implement a uniform pricing mechanism across the country from the next Rabi season and retail prices would be uniform across  the the country.

The Federal Minster further said that provincial governments and companies will monitor Urea prices and dealers for ensuring smooth supply of the commodity to farmers of the country.

The minister warned that the dealers who charge higher prices than the retail price will be blacklisted.

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