Federal Minister for Industries and Production Makhdum Khusro Bakhtyar Monday directed that provincial authorities to carry vigilant border monitoring to avoid inter-provincial supplies anomalies and rationalize urea supplies district wise for market correction.
He said this while presided the meeting of weekly fertilizer review committee, to meet the requirement of urea for winter crops, said a press release issued here.
The meeting reviewed the projection of urea production, supplies and distribution to agri-pockets of the country. The fertilizer industry assured of running their manufacturing plants with full capacity to meet the monthly needs of soil nutrients during Rabi season. The minister commended the efforts of industry to ensure adequate urea supplies and punitive measures by government departments against hoarders and profiteers resulting in significant reduction in urea close to notified price ie Rs 1768/bag.
He hoped that price sustainability would relieve the market stress over urea prices which had reached to a level of Rs 2500-2800/bag in past few weeks due to black marketing and profiteering by hoarders. —Agencies
