Price of several fertilizers to be reduced

The Minister of Agriculture and Plantation Industries, Mr. Mahinda Amaraweera today (17) instructed the State Fertilizer Company to take steps to significantly reduce the prices of fertilizers used for plantation crops such as cinnamon, tea and coconut.

Accordingly, the President of State Fertilizer Company, Dr. Jagath Perera stated that the prices of 5 types of fertilizers such as APM, YPM, Urea ( Cinnamon), SA ( Cinnamon) and TDM fertilizers produced by State Fertilizer Company will be reduced from Rs.1500 to Rs.2000 with immediate effect.

A discussion was held today at the Ministry of Agriculture and Plantation Industries regarding the reduction of fertilizer prices. The minister gave these instructions during the discussion.

Apart from this, arrangements have been made to reduce the price of each type of fertilizer produced by the State Fertilizer Company by 5000 rupees per metric ton.

The Minister of Agriculture and Plantation Industry, Mr. Mahinda Amaraweera said that this step was taken with the aim of increasing the use of fertilizers to increase the production of cinnamon, tea and coconut.

This discussion was attended by Mr. Janaka Dharmakeerthi, Secretary of the Ministry of Agriculture and Plantation Industry, Mr. A.M.H.L. Abeyratne, Commissioner General of Agrarian Development, officials from National Fertilizer Secretariat, Dr. Jagath Perera, Chairman of State Fertilizer Company and others participated.

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