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DAP fertiliser in Pakistan has reached a record Rs6,000 per bag, cancelling out a Rs1,000 government subsidy. Engro raised its 50kg DAP price to Rs5,767 following the international price rise.
Subsidy approval came too late for the kharif sowing window.
Higher DAP costs in Pakistan reflect the firm global phosphate market, which raises input costs and may shift farmers toward other fertilisers, with limited direct effect on feed commodity prices.
thenews.com.pkMunawar HasanJul 29, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
