Author name: Muhammad Usman Altaf

Key Takeaways: Fauji Fertilizer Company Limited (FFC) in Pakistan launched “Sona Boron DAP” on April 23, 2024, which is the first value-added DAP fertilizer in Pakistan containing 0.1% Boron. Boron is crucial for crop growth, particularly during reproductive and fruit setting stages. Approximately 60% of Pakistan’s soils are Boron-deficient, making its use essential for enhancing […]

Engro Corporation reported a 45% growth in revenue from ongoing operations, reaching PKR 104.3 billion compared to PKR 72.1 billion in 2023, according to the Q1 results released on the Pakistan Stock Exchange. The consolidated profit after tax (PAT) for Q1 reached PKR 10.4 billion (EPS 10.66), up from PKR 8.8 billion in 2023. The

The Ministry of Industries and Production has suggested importing 0.200 million metric tons of urea fertilizer to ensure stability in prices and supply during the Kharif season of 2024. Local urea producers have recently raised prices without a corresponding increase in input costs.Authorities are seeking explanations from the producers regarding the Gas Infrastructure Development Cess

Key points: The project is a significant bilateral initiative between Pakistan and Iran, with strategic and economic implications. more at : IP gas pipeline project: Work begins ahead of Iran president’s visit – Business Recorder (brecorder.com)

The agriculture sector in Pakistan is experiencing significant challenges, with the cost of production doubling since 2023 while commodity prices for major crops like wheat, cotton, and maize have dropped by 25%. Farmers have faced difficulties due to black marketing of urea, leading to inflated prices. Despite high production levels, farmers are struggling to make