HomeBusinessUrea gets 7% cheaper in Pakistan despite 32% surge in global prices...

Urea gets 7% cheaper in Pakistan despite 32% surge in global prices in last one year

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ISLAMABAD, Oct 6 (APP): Fertilizer prices have significantly decreased in the Pakistani market compared to the international market over the last one year.
The Ministry of National Food Security and Research told the Senate in a documented reply that Urea and DAP are the main fertilizers in Pakistan, occupying a cumulative 85 percent share in the total fertilizer use, said a document available with Wealth Pakistan.
According to the document, a downward trend in the prices of both fertilizers in the domestic market has been observed from July 2024 till August 2025 as compared to the international market.
The price of a 50 kg bag of urea came down to Rs 4,365 in July 2025, compared to Rs 4,705 in July 2024, showing a decrease of 7.2 percent. In contrast, there was a 32.6 percent increase in urea prices in the international market during the same timeframe, the document revealed.
Similarly, there has been only a 17.1 percent increase in DAP prices in the domestic market for the period between July 2024 and July 2025, compared to a hefty 34.7 percent increase in the international market during the same period.
As per the monthly urea price trend in domestic and international markets during 2024-25, prices stood at Rs 4,705 per 50 kg in the domestic market and $348.5 per tonne in the international market in July 2024.
In August 2024, the price was Rs 4,672 and $ 344; in September Rs 4,571 and $344.9; in October Rs 4,517 and $377.6; in November Rs 4,510 and $ 355.3; in December Rs 4,475 and $349.2; in January 2025 Rs 4,447 and $392; in February Rs 4,446 and $435; in March Rs 4,453 and $392.5; in April Rs 4,435 and $390.5; in May Rs 4,420 and $379.6; in June Rs 4,400 and $399.3, while in July 2025 the prices stood at Rs 4,365 per 50 kg bag in the domestic market and $ 462 per tonne in the international market.
Similarly, the DAP monthly price breakup shows that in July 2024, the domestic price for a 50 kg bag was Rs 11,352 while in the international market it was $591.9 per tonne; in August Rs 11,798 and $597.5; in September Rs 11,820 and $605.6; in October Rs 11,940 and $ 612.8; in November Rs 12,033 and $609.4; in December Rs 11,936 and $598.3; in January 2025 Rs 12,022 and $ 607.1; in February Rs 12,046 and $ 623.8; in March Rs 12,134 and $639.5; in April Rs 12,363 and $ 660; in May Rs 12,606 and $703; in June Rs 12,768 and $ 748.4, while in July 2025 it was Rs 13,031 and $ 787.8, it added.
A senior official at the ministry told Wealth Pakistan that it is incorrect to say that prices of agricultural inputs like fertilizers are increasing in Pakistan despite reductions in their prices at the global level. He said the government has taken appropriate measures in coordination with provinces to support farmers.
He added that fertilizer review committee meetings are regularly convened to proactively tackle any shortage of fertilizers in the country. Besides, buffer stocks of fertilizers are being maintained to stabilize market prices. He said an uninterrupted gas supply is being ensured to all urea manufacturing plants for maximum production.
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