Trends - urea - Business Recorder

urea

PRAL restructuring plan endorsed: ECC approves Rs10bn for urea subsidy dues

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday took several decisions including...

Updated 19 Dec, 2024 03:03pm

No Cabinet approval to urea import proposal

ISLAMABAD: The federal cabinet did not endorse the Economic Coordination Committee (ECC) for import of urea and...

Updated 14 Aug, 2024 10:25am

Fertilizer sector: ECC directs ministry to design holistic policy

Aspects such as production, provision of gas to industry, elements triggering/necessitating imports, pricing, and intensive/over fertilization of urea are to be covered

Updated 08 Aug, 2024 01:55pm

ECC approves urea import proposal

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved the proposal to import 100,000 MT urea...

Updated 03 Aug, 2024 01:40pm

FBR begins audit of urea/fertilizer dealers

ISLAMABAD: FBR has initiated a countrywide exercise for conducting audit of urea/fertilizers dealers to ensure that...

Updated 25 Jun, 2024 09:43am

ECC allows SNGPL-based fertiliser plants to operate at Rs1,597/MMBTU

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed the SNGPL-based fertiliser plants to...

Updated 28 May, 2024 09:02am

Urea fertilizer: MoF refuses to extend subsidy due to financial snags

ISLAMABAD: The Finance Ministry has reportedly refused to extend subsidy on urea fertilizer due to financial...

Updated 14 May, 2024 01:13pm

MoI&P asked to settle impasse with provinces: Selling ‘un-needed’ imported urea becomes new headache for govt

ISLAMABAD: The federal cabinet has directed the Ministry of Industries and Production (MoI&P) to settle impasse...

Updated 01 Apr, 2024 08:45am

Opinion

Hike in gas tariffs: an analysis

As their parting gift, before they left, Caretakers have increased gas prices again to comply with the IMF...

Published 19 Feb, 2024 05:24am

Business & Finance

Engro Fertilizers achieves record urea production in 2023

KARACHI: Engro Fertilizers, Pakistan’s premier seed-to-harvest solutions provider, achieved record urea production...

Published 17 Feb, 2024 05:51am

Selling imported urea thru local firms: Cabinet approves principles of basket price mechanism

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved principles of basket price...

Updated 12 Feb, 2024 10:10am

Sindh, Balochistan: MoC seeks MoF’s support for recovery of urea subsidy share

ISLAMABAD: The Commerce Ministry has sought the Finance Ministry’s support to recover 50pc share of cost of imported...

Updated 07 Feb, 2024 09:35am

Markets

Concern at delayed urea distribution

LAHORE: Farmers expressing their grave concern over delayed distribution of 150,000 metric tons of imported urea ...

Published 26 Jan, 2024 04:58am

SIFC orders tax audit of urea cos

A report by caretaker Minister for Power and Petroleum Muhammad Ali says fertiliser companies are making huge profits due to stagnancy in gas prices for the sector

Updated 22 Jan, 2024 10:53am

Imported urea fertiliser: Hike in basket price approved by ECC

Economic Coordination Committee of the Cabinet approves increase in basket price of 220,000 MT imported urea fertiliser

Updated 15 Jan, 2024 10:03am

Business & Finance

Surge in urea prices to harm farmers: PKI

LAHORE: Pakistan Kissan Ittehad (PKI) expressing concern over the speculations of further potential surge in urea...

Published 13 Jan, 2024 05:38am

Business & Finance

Weighted average price mechanism: Local, imported urea put in one ‘basket’

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a mechanism for urea weighted...

Updated 10 Jan, 2024 08:58am

Pakistan

PKI calls for developing long-term strategy for urea availability

LAHORE: Discussing the current urea shortfall faced by the farmers, Pakistan Kissan Ittehad (PKI) President Khalid...

Published 03 Jan, 2024 05:32am

Business & Finance

45,000MTs of imported urea arrives

KARACHI: A second vessel carrying some 45,000 metric tons imported urea has reached Pakistan for domestic ...

Published 03 Jan, 2024 05:32am

Pakistan

Sindh govt to take action against stockpiling of urea

KARACHI: The government of Sindh has decided to take action against those who are stockpiling urea fertilizer and...

Published 29 Dec, 2023 02:58am

Business & Finance

A think tank for amending laws to improve agri sector

LAHORE: The Agriculture Republic, a think-tank that brainstorms agricultural issues and suggests remedies, says the...

Published 26 Dec, 2023 04:30am

Markets

DCs given 24 hours to control urea prices

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman on Monday gave a deadline of 24 hours to the deputy commissioners...

Published 19 Dec, 2023 05:20am

Fertiliser plants exempted from gas load-shedding: Ali

ISLAMABAD: The interim government decided to exempt all fertiliser plants from winter gas load-shedding and import...

Updated 13 Dec, 2023 09:44am

PM orders supply of urea fertilizer on controlled rates

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday directed the concerned departments to prepare and...

Updated 12 Dec, 2023 08:49am

Business & Finance

Rabi: ECC allows import of urea on G2G tender basis

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to allow import of 200KMT urea on...

Updated 24 Nov, 2023 08:59am

Urea: TCP in talks with Russian firm

ISLAMABAD: The Trading Corporation of Pakistan (TCP) is reportedly in talks with Russian company M/s Uralchem for...

Updated 21 Nov, 2023 08:47am

Urea talks continue with Russia, China, Azerbaijan

The government is engaged with Russia, China and Azerbaijan for purchase of 0.2 million tons of urea fertiliser for Rabi season

Updated 20 Nov, 2023 09:53am

Urea tender validity extended till Monday: All bidders match the lowest bid price

Secretary Finance ImdadUllah Bosal says since both are devolved to provinces, they are now their responsibility

Updated 15 Nov, 2023 09:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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