CCP may intervene in restraining further urea price hike – Alfalah Securities Limited

International Press Releases

Karachi: The Competition Commission of Pakistan may intervene in restraining unilateral increase in fertilizer prices by the manufacturers, as the hike has severely affected the farmer’s community.

According to Alfalah Securities, Fertilizer Manufacturers are being said to have a pricing cartel while claiming that urea prices have been hiked to cover operational losses caused by gas outages.

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