ٖFertilizers Prices in Pakistan April 2020

The government of Pakistan has decided to reduce urea prices by Rs 400 per bag. In the interest of farmers, the price of urea per bag will be reduced by Rs 400 but different fertilizer companies can not be reduced due to the separate effect of the GIDC rate on each company, fertilizer prices as per the government’s desired limit.

ٖFertilizers Prices in Pakistan

Find out the prices of fertilizers in Pakistan

The government is considering proposals to reduce the price of urea by Rs 400 per bag to curb inflation and reduce agricultural sector production costs. Immediately after the announcement of the reduction of GIDC, Engro Fertilizer announced a reduction of Rs 160 in fertilizer prices.HFC has announced a reduction of Rs 300 per bag.

. It has decided to abolish GIDC, which would not only benefit ordinary farmers but also affect the healthy competitive environment among the fertilizer industry. Instead, the decision would benefit only 10% of the major landowners of more than 50% of the country’s agricultural land. Buy large quantities of cheap fertilizer that farmers will sell at a profit.

Fatima Fertilizer Company representatives say the proposal to increase gas prices for the fertilizer industry by eliminating GIDC could significantly improve this situation.FFC may reduce its prices by Rs 405 per bag while Fatima Fertilizers will not be able to reduce the price, which shows that fertilizer dealers will be available at more than one price which they will sell at their own custom price. And because of the difference in fertilizer prices, neither the farmers nor the gas circulation will benefit.

ٖFertilizers Prices in Pakistan April 2020

FFC fertilizer costs Rs 1740 per bag while the new price of Engro fertilizer rises to Rs 1880 per bag. The total inventory of urea is about 500,000 tonnes, of which 4 million tonnes is in the final stage of completion.

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