IFFCO will sell 11.26 lakh tonnes complex fertiliser with old rates

Indian Farmers Fertiliser Cooperative Ltd (IFFCO) said on Thursday it will sell 11.26 lakh tonnes of complex fertiliser at old rates only and new rates are not applicable for farmers.

Indian Farmers Fertiliser Cooperative Ltd (IFFCO) said on Thursday it will sell 11.26 lakh tonnes of complex fertiliser at old rates only and new rates are not applicable for farmers. IFFCO said it takes a strong objection for tweets or news linking any political party or government for increase in the price of complex fertilisers.

There is enough material in the market with old rates and the IFFCO marketing team will sell only previously packed material with old rates to farmers. The decisions are taken by keeping the farmer priority. The prices of complex fertilisers mentioned by IFFCO are only tentative. International prices of raw material are yet to be finalised by companies, although there is a sharp increase.

"IFFCO as a manufacturing organisation had to print the cost on the bags for dispatching the new processed material by our plants. The price mentioned in the letter is the tentative cost only for mentioning on the bags which is a mandatory requirement." (ANI)