The urea prices are up by fifty rupees per bag to 1640 per bag.

According to details, this is the third increase in prices since the beginning of the fiscal year 2018, taking the total increase in market price to more than Rs200 per bag.

Experts attribute this rise in urea prices given prevailing low urea inventory levels and seasonal demand pick up due to rice/cotton crop.

The prices of DAP have also been increased by 50 rupees per bag.