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Published 23 Feb, 2012 04:30am

Engro cuts DAP price by Rs310

LAHORE: The Engro Fertilisers Limited on Wednesday reduced the DAP (di-ammonium phosphate) prices by Rs310 per bag, from Rs4,060 to Rs3,750 per bag, following reduction in international prices, effective immediately.

Mohammed Khalid Mir, Vice-President Marketing, Engro Fertilisers Limited, said, “This reduction will be a relief to the farming community which has been faced with rising fertiliser and agri-inputs prices and would make fertiliser affordable for upcoming season of sugarcane, cotton and maize crops.”

It may be mentioned that international prices have recently came down from approximately $700 to $610 per ton.

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