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Minister Shaza Fatima Khawaja underscores the pivotal role of agritech in safeguarding Pakistan’s food security. She applauds Syngenta Pakistan for launching the “Cropwise Grower” app, marking a significant step towards digital empowerment in agriculture. This mobile application offers a suite of features designed to assist farmers in enhancing their productivity and efficiency. Among its functionalities, […]

Summary: More at: Two SNGPL-based urea fertiliser plants: MoI&P proposes extension in subsidised gas supply – Business Recorder (brecorder.com)

Following are the key takeaways: More at : Fertiliser companies must not be allowed to take undue profit, says Rana Tanveer (nation.com.pk)

Summary of Fauji Fertilizer Company’s Q1 2024 Financial Results Fauji Fertilizer Company Limited (FFC) announced its financial results for Q1 2024, with Sona Urea production at 654 thousand tonnes and sales at 661 thousand tonnes. Sales revenue increased to Rs 58.4 billion, attributed to higher sales volume and increased selling prices due to escalated gas

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