# Fertilizer Companies Slash DAP Prices by Rs. 1,130 per Bag

> Fatima, FFC and FFBL cut Pakistan's DAP price by Rs. 1,130 per bag, effective November 10, 2022, bringing retail prices to roughly Rs. 10,200-10,350. The cut follows a request from Finance Minister Ishaq Dar, and DAP sales for October are projected down 82% year over year.

- Date: 2022-11-10 · published 2022-11-10T12:00:00.000Z
- Category: policy · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/39005-fertilizer-companies-slash-dap-prices-by-rs-1-130-per-bag
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

The move is a domestic Pakistani price cut driven by government pressure and weak demand, with limited effect on global phosphate benchmarks. It mainly signals softer local input costs.

## Read by commodity

- DAP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-06-18 | [U.S. phosphate fertilizer prices: duties suspended in 2026](https://feedsoft.ai/events/46922-u-s-phosphate-fertilizer-prices-duties-suspended-in-2026.md) | +1.9% | +0.8% |
| DAP | 2019-10-11 | [IFFCO reduces retail prices of non-urea fertilisers by up to Rs 50/bag \| Market - Other Commodities - Business Standard](https://feedsoft.ai/events/8766-iffco-reduces-retail-prices-of-non-urea-fertilisers-by-up-to-rs-50-bag-market.md) | +0.1% | -10.7% |
| DAP | 2022-10-28 | [DAP makers agree to slash price: Dar](https://feedsoft.ai/events/4930-dap-makers-agree-to-slash-price-dar.md) | -6.6% | -9.7% |
| DAP | 2022-05-18 | [Global fertiliser rates soften after India’s cap on prices](https://feedsoft.ai/events/41715-global-fertiliser-rates-soften-after-india-s-cap-on-prices.md) | 0.0% | -11.0% |
| DAP | 2023-04-11 | [Fertiliser prices rise by Tk5 per kg as govt reduces subsidy \| The Business Standard](https://feedsoft.ai/events/36724-fertiliser-prices-rise-by-tk5-per-kg-as-govt-reduces-subsidy-the-business.md) | +8.6% | -3.4% |

## Sources

- propakistani.pk: https://propakistani.pk/2022/11/10/fertilizer-companies-slash-dap-prices-by-rs-1130-per-bag/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.