# FFC Margins Under Pressure as Phosphate Costs Reach Rs500,000

> Fauji Fertilizer Company (FFC) reports phosphate procurement costs of about Rs500,000 per tonne, with phosphate and DAP prices up 35% and 25% since January 2026. Industry DAP sales fell 3% year-on-year, while urea sales rose 5% in September and FFC's urea market share reached 49%. Profit after tax rose about 12% year-on-year.

- Date: 2026-11-05 · published 2026-11-05T21:09:58.815Z
- Category: market · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/82432-ffc-margins-under-pressure-as-phosphate-costs-reach-rs500-000
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher Middle East-driven phosphate and energy costs squeeze fertilizer producer margins and raise input costs for Pakistani farmers, while stronger crop prices support demand. The story reflects elevated DAP price levels rather than a new supply shock.

## Read by commodity

- DAP: bullish ▲
- UREA: neutral

## Sources

- theboardroompk.com: https://theboardroompk.com/ffc-margins-middle-east-conflict-pushes-phosphate-costs-to-rs500000-per-tonne/

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