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Engro Fertilizer has reduced urea prices by further Rs 240 per bag to ensure national food security and support the farmers. According to the company, global COVID-19 pandemic has posed a significant challenge to not only global, but also national economic prosperity. As one of Pakistan's most responsible companies, Engro Fertilizers remains committed to the alleviation of adverse impact of this global pandemic on our nation, in particular the agriculture sector which remains the largest driver of employment in our country.
Keeping in view the situation, the company has announced a further reduction in urea prices by Rs 240/bag. This additional price cut would result in an overall price reduction of Rs 400 per bag since the beginning of the year.
The company is of the view that in this difficult time, Engro Fertilizers stands firm with the people of Pakistan and the government to prioritize the sustainability of agriculture sector to ensure our nation's food security. In this pursuit, the Company has made an additional price reduction to support our valued farmers in these trying times.

Copyright Business Recorder, 2020

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