- Last Update 2026-04-04 19:34:00
Agri-officials and fertiliser suppliers agree on stable price for now
By Kapila Bandara
Fertiliser companies and agrochemical suppliers have agreed to abide by regulated prices days ahead of the Yala paddy planting season, in a coordinated policy response to mitigate risks, just as prices increased sharply in domestic and global markets due to the widening war in West Asia.
Following a meeting this week of all stakeholders with state agriculture authorities, suppliers settled for a cash-only Rs 9,650 for a 50 kilo bag of urea and a further lower offer at Rs 9,500. The price is comparable to levels in previous years.
But this could be temporary considering global fertiliser price volatility and the market’s links to energy.
Read more in today's Sunday Times edition here
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