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ISLAMABAD:
Federal Minister for Industries and Production, Rana Tanveer Hussain, condemned the unilateral price hike of Sarsabz Urea fertiliser by Fatima Fertiliser Limited on Saturday.
He expressed deep concern over an increase of Rs561 per urea bag and urged the fertiliser company to withdraw this unilateral increase, said a news release.
The minister…
" ISLAMABAD: The Competition Commission of Pakistan (CCP) on Tuesday issued show cause notices to the Fertiliser Manufacturers of Pakistan Advisory Council (FMPAC) and six leading Fertiliser companies for allegedly fixing urea prices, a prima facie violation of Section 4 of the Competition Act, 2010.
Urea prices play a crucial role in determining the prices…