--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20240502-pakistans-government-halts-urea-price-hike-to-support-farmers/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Pakistan’s government halts urea price hike to support farmers Publication Date: 2024-05-02T14:00:17-04:00 Last Updated: 2024-05-01T05:45:37-04:00 Author: Sergey Mezhak (https://www.fertilizerdaily.com/author/smezhak/) Categories: [Markets](https://www.fertilizerdaily.com/markets/), [Trade & Policy](https://www.fertilizerdaily.com/trade-and-policy/) ![Panorama of Wazir Khan Mosque, Lahore, Pakistan](https://www.fertilizerdaily.com/wp-content/uploads/2024/05/panorama-of-wazir-khan-mosque-lahore-pakistan-stockpack-istock-scaled.jpg) Federal Industries Minister demands reversal of recent urea price increases amid critical planting season. Pakistan’s Federal Industries and Production Minister Rana Tanveer Hussain has directed fertilizer companies to rescind a recent urea price hike. The directive came during an emergency meeting with executives from major fertilizer producers such as Fauji Fertilizer Company Limited, Engro Fertilizer Private Limited, and Fatima Fertilizer Company. During the meeting, which also saw the participation of Secretary Industry and Production Wasim Ajmal Chaudhry, Minister Hussain firmly rejected the fertilizer companies’ reasons for the price increase, pointing out that there had been no changes in production costs that would justify such hikes. He emphasized that the government’s primary concern is to safeguard the interests of farmers, particularly in ensuring the availability of urea for the upcoming Kharif planting season. The fertilizer companies have been given a three-day period to reverse their pricing decision, a move aimed at providing immediate relief to farmers. Additionally, Minister Hussain announced that the government has plans to import 200,000 metric tonnes of urea and might import up to 500,000 metric tonnes if necessary to meet domestic demand. To further protect farmers from market manipulations, the Minister instructed provincial authorities to clamp down on the hoarding and illegal profiteering of urea fertilizer. He also mandated that fertilizer companies must submit their distribution plans monthly in advance and consult with all stakeholders before any future price adjustments. Hussain stressed that any increase in the price of urea without a corresponding rise in production costs is unacceptable, underscoring the government’s commitment to maintaining fair pricing in the agriculture sector. Tags: [Engro Fertilizers](https://www.fertilizerdaily.com/tag/engro-fertilizers/), [Fatima Fertilizer](https://www.fertilizerdaily.com/tag/fatima-fertilizer/), [Fauji Fertilizer Company](https://www.fertilizerdaily.com/tag/fauji-fertilizer-company/), [fertilizer prices](https://www.fertilizerdaily.com/tag/fertilizer-prices/), [government](https://www.fertilizerdaily.com/tag/government/), [legislation](https://www.fertilizerdaily.com/tag/legislation/), [Pakistan](https://www.fertilizerdaily.com/tag/pakistan/), [urea](https://www.fertilizerdaily.com/tag/urea/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.