April fertiliser sales in Pakistan surged 27%, YoY, to 570,000 tons as fears of a price increase fuelled demand. Sales of urea rose 50% to 375,000 tons, while diammonium phosphate fertiliser sales fell 28%. Among fertiliser companies, Fauji Fertiliser Bin Qasim reported a near-150% rise in 2019 sales, while those of Fauji Fertiliser Company grew 82%. The government has proposed a 2% general sales tax on all fertilisers in its budget forecasts for annual
April fertiliser sales in Pakistan surged 27%, YoY, to 570,000 tons as fears of a price increase fuelled demand. Sales of urea rose 50% to 375,000 tons, while diammonium phosphate fertiliser sales fell 28%. Among fertiliser companies, Fauji Fertiliser Bin Qasim reported a near-150% rise in annual sales, while those of Fauji Fertiliser Company grew 82%. The government has proposed a 2% general sales tax on all fertilisers in its budget forecasts for 2019