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Pakistan Fertilizer: FFC and EFERT increased DAP prices – By Foundation Research

  • By: Foundation Securities (Pvt.) Limited

  • - Published: Wednesday, 16 September 2020
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Fauji Fertilizer Limited (FFC PA) and Engro Fertilizer Limited (EFERT PA) have increased their DAP prices by Rs/100/bag and Rs250/bag, respectively, due to continuous increase in landed cost of imported DAP.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FSL fertilizer universe have increased prices for DAP fertilizer due to continuous increase in landed cost for imported DAP. FFC has increased its Sona-DAP and FFC imported DAP prices by Rs100/bag effective from September 17&rsquo;2020, while EFERT has already increased its DAP prices by Rs250/bag, as per management.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Increased prices will have Rs0.41/1.18/1.22/sh positive imp...

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