Karachi November 08, 2021: Fauji Fertilizer Company has increased DAP priced by PKR440 per bag to PKR7,850 per bag for its Sona-DAP in Pakistan. Increase in prices comes after China increases DAP prices to USD750 per ton after increase in Phosphoric acid price to USD1,360 per ton. Fertilizer prices increased internationally after Russia decision to put export quota for fertilizer products.
This is the second hike in DAP prices in last two week as recently ENGRO Fertilizer has increased its DAP price by PKR500 per bag to PKR7,400 per bag.
