Karachi February 20 2024: Fauji Fertilizer Bin Qasim increase Urea prices to PKR 5,000 per bag to cover the cost of recent hike in gas prices for fertilizer sector.
“As per our channel checks, FFBL has increased its Urea price by PKR 1,259/bag, effective today. The current DTP price stands at PKR 4,971/bag” states Areeba Nasir analyst at Optimus Research.
“This increase incorporates the impact of gas price hike and import subsidy of PKR ~1,101 & ~158/bag, respectively” she says.
