Fertiliser, steel prices fall; cement remains stable |
KARACHI: The national average prices of fertiliser, steel bars and different labour charges have declined in the last year, while cement prices remained almost unchanged.
However, the fertiliser and cement sector showed quite impressive sales in the first half of the current fiscal year.
As per the Sensitive Price Index (SPI), the week ending Jan 1 versus the week ending Jan 2, 2025, the price of Sona urea fell to Rs4,323 from Rs4,540 per bag, while other urea brands’ rates dipped to Rs4,212 from Rs4,391.
Urea sales had already clocked in at an all-time high of 1.356m tonnes in December 2025, up 65 per cent month-on-month (MoM) and 37pc year-on-year (YoY), taking urea offtake........