Fertilizer prices today, November 15, 2022: Fertilizer prices continue to stagnate at high levels

fertilizer prices today, November 15, 2022: Fertilizer prices continue to stagnate at high levels. The market is trading slowly. A representative of the Fertilizer Association said that fertilizer exports in 2022 could exceed the 1 billion USD mark thanks to businesses taking advantage of opportunities to quench the global thirst for fertilizers. Currently, Vietnamese fertilizers are mainly exported to Asian countries such as Cambodia, Malaysia, Laos, the Philippines, Thailand, etc. These markets are not yet interested in the European, Middle East, and Black Sea markets because they do not have a brand and have high transportation costs. A representative of FAV said that urea fertilizer producers have the advantage of cheaper input costs. Therefore, fertilizer factories are increasing capacity to meet domestic winter-spring crop demand and move towards expanding export markets, bringing foreign currency to Vietnam. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

source