Fertilizer prices today September 18, 2022: no extension of self-defense measures on imported DAP and MAP fertilizers

fertilizer prices today, September 18, 2022: The Ministry of Industry and Trade will not extend the application of safeguard measures on imported DAP and MAP fertilizers. The Ministry of Industry and Trade said it will not extend the application of safeguard measures on imported DAP and MAP fertilizers after seeing that there is no longer a price difference between imported goods and domestically produced goods. The Department of Trade Defense said that the Ministry of Industry and Trade decided not to extend the application of safeguard measures on imported DAP and MAP fertilizer products from September 7, 2022. Previously, on October 20, 2021, the Investigation Agency received a request for a final review of the application of safeguard measures on a number of imported DAP and MAP fertilizer products by representatives of the domestic manufacturing industry including three companies: DAP-Vinachem Joint Stock Company, DAP No. 2 Joint Stock Company – Vinachem and Duc Giang Chemical Joint Stock Company. Fertilizer products containing one of the following ingredients will be excluded from the scope of official safeguard measures: Nitrogen (N) 7%; Phosphorus (P.05) 30% and Potassium (K,O) 3%. The investigation agency assessed that there is no price difference, price suppression, or price pressure between imported goods and domestically produced goods; the import volume is reasonable and supplements the shortage of supply in the domestic production industry. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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