Millat Tractors Ltd Tractor Prices 2018. has increased its all MF model tractor prices. Millat Tractor is gaining market share of 60% in Pakistan’s tractor industry. Due to increase in its tractor demand, tractor is being delivered after 6 months period (MF 385 Tractor). MTL company revised its tractor prices on 22nd November 2017 by issuing a letter to its all main dealers.
The current base prices of tractors were last fixed in May, 2016. Since then, there has been considerable increase in cost of tractor production on account of increase in taxes and prices of material, fuel, labour and other input costs.
Accordingly, the model-wise tractor prices are being revised on bookings/new orders registered w.e.f. the dates mentioned against each: MF-240, MF-260 on 01.12.2017 and MF-375, MF-385 on 23.11.2017.
Massey Ferguson New Revised Tractor Prices 2018:
Price in Pakistani Rupees
Price in US Dollars
The above prices are applicable on all new bookings made against both Cash & Loan. However, in case of Institutional orders / Govt. tenders, the prices shall be applicable as per the terms of quotations already issued or terms of the tender. MF tractor are famous in sugarcane areas where tractors is used for haulage purpose. From the last year demand of 85 Horse Power tractor has been increased with notable figures. MF 385 tractor is always selling in black market with handsome premium amount, hence attracting the investors.
Check Also : New Holland – AGTL Tractor Prices
There are rumors in the market that Al Ghazi Tractors Ltd makers of New Holland tractors are also going to increase their tractor prices too. AGTL is at 2nd number in the market after Millat tractors with MS f 40%. We will share those also when the company increase the prices.
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