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Fertiliser stocks nosedive on difficulties

Fertiliser stocks nosedive on difficulties

Rising input production costs, unfavourable weather conditions, a saturated domestic market and stiff competition are causing difficulties for fertiliser businesses.

Fertiliser stocks shoot up due to VAT change

Fertiliser stocks shoot up due to VAT change

Fertiliser stocks are surprising the market with many large names hitting the ceiling prices, mainly due to the Ministry of Finance’s decision to make fertiliser subject to VAT at the preferential rate of 5%.