DAP prices up by Rs50/bag

Staff Reporter

Karachi

Fauji Fertilizer Bin Qasim Ltd (FFBL) has increased DAP prices by Rs50/bag to Rs2,670/bag, according to industry sources. The price increase will be effective from Wednesday (today). Other players in the industry have also increased DAP prices and revised average prices now stand at Rs2,630/bag (FFC DAP will also be available at the same rate). According to capital market analysts, annualized EPS impact of the said development on both Fauji Fertilizer Company (FFC) and Engro Fertilizers Limited (EFERT) is Rs0.02 and on FFBL is Rs0.52.

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