LAHORE, August 14: Fertiliser companies and dealers have increased price of Di-Ammonium Phosphate (DAP) bag by another Rs40. This is fifth increase in last eight months.

The Agri-Forum Pakistan (AFP) on Tuesday protested against the increase in a letter to the provincial governor. It said that a DAP bag, which was available at Rs900 in January, was now being booked at Rs1,273 - the price includes Rs470 subsidy per bag.

The manufacturers and importers have asked the dealers to sell the fertiliser bag at a price of Rs1,288. If the subsidy is also included, the price increase would come to 100 per cent in this variety of fertiliser, it said.

Wheat, which consumes over 60 per cent of DAP, is sown in September and October in Sindh and October and November in the Punjab.

With the sowing season coming up the fertiliser manufacturers and importers have joined hands to exploit the occasion to mint money, it alleged.