ECC allows import of 100,000 tons of Urea

MG News | April 03, 2019 at 01:26 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 3, 2019: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved summary for importing 100,000 tons of urea to ensure availability of fertilizer in the market to cater to the domestic demands of farmers.

The ECC meeting, Chaired by Finance Minister Asad Umar, also directed the Ministry of Industries and Production to review the price mechanism of fertilizer industry for ensuring provision of urea to farmers at cheaper rates.

The committee decided to allow additional import of Urea in case of diversion of gas supply from fertilizer plants to power producers during summer, said Finance Ministry statement.

(APP)

Related News

Name	Price/Vol	%Chg/NChg
KSE100	174,429.93 266.16M	-0.97% -1703.64
ALLSHR	105,686.64 690.97M	-0.83% -882.18
KSE30	52,098.85 92.59M	-1.07% -565.05
KMI30	245,280.51 99.76M	-1.03% -2557.91
KMIALLSHR	67,681.60 339.32M	-0.84% -574.20
BKTi	49,745.96 31.42M	-0.99% -497.94
OGTi	34,431.76 6.26M	-0.55% -190.66

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,065.00	66,840.00 65,570.00	-455.00 -0.68%
BRENT CRUDE	93.57	95.47 91.31	2.56 2.81%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.75 -0.70%
ROTTERDAM COAL MONTHLY	119.65	0.00 0.00	-0.45 -0.37%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	86.36	88.61 84.44	2.02 2.40%
SUGAR #11 WORLD	14.69	14.94 14.67	-0.19 -1.28%