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Farmers pay 20% more for fertilisers as raw materials get dearer

Friday, June 29, 2018, 9:32 AM

Farmers are paying up to 20% more for fertilisers this sowing season because of increases in global prices of key raw materials phosphate and potash. Urea prices are steady due to government controls but input costs will raise the subsidy bill, says industry. DAP prices currently are 20% higher at Rs.1,290 per bag of 50 kg over what farmers paid in the rabi season.