Top Banner Ads Across site (Mobile) Adsence 300X250
Post Page Banner Ad

Committee reviews urea stock position, production


Committee reviews urea stock position, production. Image : APP

ISLAMABAD: The Fertiliser Review Committee has reviewed the supply, stock position and production targets of urea in the current month for sowing season.

To supervise the urea supplies, amid Rabi season, Federal Minister for Industries and Production Makhdoom Khusro Bakhtyar along with Federal Minister for Food Security and Research Syed Fakhar Imam held a meeting of the Fertiliser Review Committee, a statement said.

Representatives of the fertiliser manufacturers, provincial departments and senior officials of the Petroleum Division participated in the meeting.

The meeting was informed that the urea prices have been restored to controlled rates of Rs1,768/bag by taking punitive measures in Punjab.

The pricing structure is being maintained in other provinces.

The minister reiterated the urea demand would be met through domestic production of 3.4 million tonnes of local production this year, compared with the previous years.

The government ensure uninterrupted gas supplies to the plants for boosting domestic production for the Rabi season, he said.

The minister directed the relevant authorities to carry out vigilant border monitoring to avoid inter-provincial movement of urea and rationalisation of district-wise provision of urea for market correction.

He said the urea supplies to Punjab had increased to 72 per cent from 64 per cent, rectifying the anomalies of distribution among the provinces.

The meeting concluded with the guidelines for provincial departments and fertiliser manufacturers to identify the factors involved in the black marketing and over-supply of urea and to avoid any market stress, amid Rabi season.

Download BOL News App for latest news