Fertilizer prices today October 27, 2022: Why did Vietnam suddenly jump in fertilizer exports?

fertilizer prices today, October 27, 2022: Why did Vietnam suddenly jump in fertilizer exports? According to many businesses, Vietnam’s fertilizer exports to markets are growing strongly. In 2022, Vietnam’s fertilizer industry may set a record for the first time: exports surpass the 1 billion USD mark. The world market has positive changes, prices are very good, so many businesses believe that fertilizer exports will grow strongly this year. Mr. Vu Duy Hai – Chairman of the Board of Directors, General Director of VinaCam – said that the third quarter of exports increased because domestic fertilizer use was low, while world prices increased, which is good to encourage export businesses. “But by November, the South will enter the crop season, and in December and January next year, the North will need to use a lot of fertilizer. If there are no management measures, there is a risk of supply and demand loss, and Vietnamese farmers will “eat enough” because prices will increase again,” Mr. Hai emphasized. #fertilizer_price #farmers #western_region #fertilizer_price #fertilizer #fertilizer #fertilizer price #fertilizer #potassium_price #agriculture #fertilizer #agricultural_materials #news #agriculture

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