Govt to discuss supply, demand and prices of fertilizers with stakeholders next week.


ISLAMABAD -- To discuss the supply, demand and prices of Urea and DAP, the government has convened a meeting of the fertilizer industry next week.

The government will not allow manipulation of Fertilizer prices and is taking measures to further reduce the prices of fertilizer in the days to come, said the Federal Minister for Planning, Development and Special Initiatives Asad Umar while chairing a meeting to review the demand and supply situation of fertilizers in the country. Secretary National Food Security and Research Dr. Muhammad Hashim Popalzai and other senior officials participated in the meeting.

The meeting was informed that sufficient stocks of Urea and DAP were available and there was no shortage of the commodities in the market. It was noted that fake news was being spread regarding the likelihood of increase of Urea prices. The meeting observed that there was no reason for any hike in prices, and the speculation was being made by vested interests.

The Minister stated that the government was planning measures to further reduce the prices of fertilizer in the days to come. Asad Umar directed that the all the relevant departments should keep a close watch on the demand - supply situation and the prices of the...

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