Skip to content
  • Professionals
  • Gardeners
 
Search
Log in
EN
RU
  • Markets
  • Business
  • Politics
  • Technologies
  • Interviews
  • Rankings
  • Environment
  • Events
  • Stock Quotes
  • Business Directory
Trending topic:

water soluble fertilizer

Featured company:
 
RU
  • Professionals
  • Gardeners
Sections
Events
Stock Quotes
Business Directory
Trending topic:

water soluble fertilizer

Featured company:
Follow us...
Helpful information
  • About
  • Team
  • Advertise
  • Contacts
  • Submit a Tip
  • Privacy Policy
  • Terms of Service
Sections
Seasonal tips
  • Spring
  • Summer
  • Autumn
  • Winter
Trending topics
  • compost
    19
  • garlic
    2
  • lemon
    1
  • potato
    12
Follow us...
Helpful information
  • About
  • Team
  • Advertise
  • Contacts
  • Submit a Tip
  • Privacy Policy
  • Terms of Service
Copyright © 2014-2025 DigitalTree LLC. All rights reserved.
We deliver content lightning-fast thanks to the managed cloud WordPress hosting with CDN.
16+
Home / Markets

Pakistan may launch international tender for 200,000 metric tonnes of urea

 avatar Sergey Mezhak
October 25, 2023, 12:00 pm
October 25, 2023, 12:00 pm
485
Business
Markets
Pakistan may launch international tender for 200,000 metric tonnes of urea
Save for later
Share

The Economic Coordination Committee (ECC) of the Cabinet, Govt of Pakistan, has approved the immediate import of 200,000 metric tonnes of urea to meet the Rabi season 2023-24 requirements. The decision was taken on October 23 by the Caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar, on the Ministry of Industries and Production recommendation.

According to market sources, the Trading Corporation of Pakistan (TCP) will probably go for two types of imports. One through international tender for 100,000 metric tonnes and for the balance 100,000 metric tonnes on Government to Government basis.

Recalled here, the National Fertilizer Development Centre (NFDC), Govt of Pakistan, has stated that the Rabi 2023-24 season is expected to begin with an opening balance of 77,000 metric tonnes of urea and the total availability of urea is estimated at 3.027 million metric tonnes, with domestic production of 2.950 million metric tonnes.

The urea demand during Rabi 2023-24 is projected to be around 3.335 million metric tonnes, showing a deficit of 509,000 metric tonnes (including 200,000 metric tonnes of buffer stocks) during the season. This shortage can be overcome by supplying system gas to two urea plants from 15th October 2023 to the end of the Rabi season, along with the timely import of 200,000 metric tonnes to ensure smooth supplies during peak demand in Dec’23 and Jan’24. Otherwise, 500,000 metric tonnes of urea will have to be imported.

Notably, the State Bank of Pakistan (SBP) released its FY 2022-23 annual report on October 23. It revealed that Pakistan had consumed 3.520 million metric tonnes of urea in the last Rabi season. It includes importing 298,000 metric tonnes of urea, local production of 2.928 million metric tonnes, and opening stock of 294,000 metric tonnes.

fertilizer imports
imports
Pakistan
tender
urea

Enjoyed this story?

Every Monday, our subscribers get their hands on a digest of the most trending agriculture news. You can join them too!

Sign me up
Check the example

Discussion0 comments

Спасибо за комментарий, он будет опубликован на сайте после проверки модератором. Хотите, чтобы ваши комментарии появлялись на сайте мгновенно? Достаточно пройти регистрацию.
Congratulations, you can be the first to start the conversation.
Do you have a question or suggestion? Please leave your comment to ignite conversation.
What’s on your mind?
Cancel Log in and comment
Or continue without registration
Get notified about new comments by email.
Advertisement
In focus
  • AgroThrive Organic Fertilizer
    Premium organic bio-fertilizer formulated to provide both nutrient supply and stimulation of soil microbes.
  • Droplex Xtra
    Superior adjuvant that is the ultimate spreader-sticker, canopy-penetrating, drift management product on the market
  • Hydra Charge™ Biosolid Fertilizer Plus Surfactant
    Professional-grade biosolid lawn fertilizer with two complementary surfactants which aides in the penetration of water into the soil and the retention of water.
How to get here?
Stock quotes
Bayer
7.88
1.75
Bayer Crop Science
27.48
1.22
CF Industries
99.93
6.5
Corteva Agriscience
72.43
0.12
ICL Group
6.47
0.31
Intrepid Potash
36.15
2.21
Mosaic
35.76
3.38
Nutrien
62.89
4.05
Yara International
19.56
3.99
See all
Events
Southwestern Fertilizer Conference
Nashville (TN), USA
Jul 13 — 17, 2025
Agronomy Conference and Expo
Indianapolis (IN), USA
Aug 4 — 6, 2025
AgriBusiness Global Trade Summit
Lake Buena Vista (FL), USA
Aug 5 — 6, 2025
Farm Progress Show
Decatur (IL), USA
Aug 26 — 28, 2025
World Fertilizer Conference
Washington (DC), USA
Sep 15 — 17, 2025
See all
Live
Selena Hampton
May 15, 07:17 am
The topics covered here are always so interesting and unique Thank you for keeping me informed and entertained!
Four Growers develops robots to address greenhouse labor shortages
Lukas Dunn
May 15, 07:15 am
This is exactly what I needed to read today Your words have provided me with much-needed reassurance and comfort
Israeli startup Tevel revolutionizes fruit harvesting with flying autonomous robots
Patonkas Luksompulus
January 21, 12:36 pm
Greece meeds biological fertilizers! Great news about De sangosse.
DE SANGOSSE expands operations with Greek subsidiary
Pedro Diaz
November 20, 2024, 08:42 pm
Is it a Roundup lawsuit or more about bad financials? I think the market reacted only to announced financial results.
Bayer’s shares are pressed down by ongoing Roundup cancer lawsuit
Johan Fredin
August 22, 2024, 07:57 pm
Europe is falling behind in this field. The concerns 30 years ago was reasonable. Now not so much. We need crops that can survive in a more extreme future climate. Handle droughts and hot weather better. Crops that are less tasty to pests like hogs and deere.
Gene-edited crops set for groundbreaking European trials
About
Sections
Markets  ·  Business  ·  Politics  ·  Technologies  ·  Interviews  ·  Rankings  ·  Environment
Support
About  ·  Team  ·  Advertise  ·  Contacts  ·  Submit a Tip  ·  Privacy Policy  ·  Terms of Service
Copyright © 2014-2025 DigitalTree LLC. All rights reserved.
We deliver content lightning-fast thanks to the managed cloud WordPress hosting with CDN.
16+
More to read
Pakistan wants to import 200,000 metric tonnes of urea
Pakistan wants to import 200,000 metric tonnes of urea
Pakistan’s urea tender bids range from US$389.92 to US$405.50 per ton
Pakistan’s urea tender bids range from US$389.92 to US$405.50 per ton
Pakistan initiates urea import to address Rabi season shortfall
Pakistan initiates urea import to address Rabi season shortfall
Advertising that helps us do quality reporting