Prices of fertilizers, building materials drop on July 7

The prices of fertilizers and building materials in the Egyptian market dropped on July 7 th, according to the Information and Decision Support Center (IDSC).

The price of ammonium sulfate fell by 2% to EGP 20,879 per ton. Likewise, a ton of ammonium nitrate declined by 1.1% to register EGP 25,426.

Urea was priced at EGP 25,964 per ton, reflecting a daily drop of 2.3%.

In the building materials sector, the price of a ton of grey cement rose by 1.9% to EGP 4,118, whereas a ton of investment-grade steel edged down by 0.6% to EGP 38,109.

Finally, Ezz Steel also recorded a 1% daily fall to EGP 39,807 per ton.