Fertilizer prices today October 23, 2022: Fertilizer prices stagnate at high levels

fertilizer prices today October 23, 2022: Fertilizer prices stagnated at a high level. In the first 9 months of the year, fertilizer export turnover reached 886 million USD, exceeding 58% of the export results of the whole year 2021. Thanks to seizing the opportunity, at the end of the first 9 months of the year, many fertilizer enterprises exceeded the profit plan for the whole year 2022. According to data from the General Department of Customs, our country’s fertilizer export in September reached 161 thousand tons, equivalent to 94 million USD, up 37% in volume and 34% in value compared to August. This is the third consecutive month that fertilizer export has increased but is still lower than the peak in January. Accumulated in the first 9 months of the year, fertilizer export reached nearly 1.4 million tons with a turnover of nearly 886 million USD, up 45% in volume and nearly 2.6 times in turnover compared to the same period in 2021. Thus, after the first 9 months of the year, fertilizer export turnover has exceeded 58% of the export results of the whole year. 2021 with 559 million USD. In September, fertilizer export prices fell sharply by 14 USD/ton compared to August and more than 23% compared to the peak in January, down to 584 USD/ton. This is also the third consecutive month that fertilizer export prices have decreased. However, on average in the first 9 months of this year, fertilizer export prices increased by 72% compared to the same period in 2021, to an average of 636 USD/ton. Fertilizer exports in the first 9 months improved in both volume and price, helping many businesses exceed their profit plans for the whole year of 2022. #fertilizer_price #farmers #western #fertilizer_price #ure #giaphan #giadam #gianpk #giakali #nongnghiep #fertilizer #agricultural materials #news #nongnghiep

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