Millat Tractor Prices in Pakistan Increased | New Price List
Millat Tractor Prices in Pakistan – The prevailing economic uncertainty in the country, especially the depreciation of the rupee against the US dollar and the lack of CKD units that have led to plant closures, have affected car sales and prices. Agriculture and farm machinery are also feeling the heat as Millat Tractors has also hiked the prices of its tractors with immediate effect.
Millat Tractor Prices in Pakistan
Here is the latest increase in Nationwide Tractor Price in Pakistan effective August 26, 2023:
| Model | Old Price | New Price | Difference |
| MF-240 | 2,020,000 | 2,190,000 | 170,000 |
| MF-260 | 2,350,000 | 2,550,000 | 200,000 |
| MF-260-SE | 2,392,000 | 2,600,000 | 208,000 |
| MF-360 | 2,480,000 | 2,690,000 | 210,000 |
| MF-360 4WD | 3,514,000 | 3,795,000 | 281,000 |
| MF-375 | 3,102,000 | 3,345,000 | 243,000 |
| MF-375 4WD | 4,165,000 | 4,500,000 | 335,000 |
| MF-385 | 3,213,000 | 3,465,000 | 252,000 |
| MF-385 4WD | 4,282,000 | 4,585,000 | 303,000 |
Price Analysis
This price increase is bad news on several levels. Apart from making it difficult to buy new tractors for farmers and agriculture companies, it will also increase the price of staple food in Pakistan. More expensive tractors mean more expensive food in Pakistan. What’s more, the government has increased the price of diesel per liter.
Millat Tractor’s brand Massey Ferguson (MF) has posted year-over-year (YOY) sales figures. However, this may change with recent price increases.
Also Check: Petrol Price in Pakistan: The Highest Ever in History