Millat Tractor Prices in Pakistan Increased | New Price List

Millat Tractor Prices in Pakistan

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

Millat Tractor Prices in Pakistan

Here is the latest increase in Nationwide Tractor Price in Pakistan effective August 26, 2023:

ModelOld PriceNew PriceDifference
MF-360 4WD3,514,0003,795,000281,000
MF-375 4WD4,165,0004,500,000335,000
MF-385 4WD4,282,0004,585,000303,000

Price Analysis

Millat Tractor Prices in Pakistan

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

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