Fertilizer prices today September 16, 2022: DAP, NPK remain high.

fertilizer prices today, September 16, 2022: DAP, NPK remain high. A difficult problem for businesses dependent on raw materials. Besides the gas problem, raw materials used to produce fertilizers are also a big problem that causes headaches for fertilizer businesses. It is a fact that not all businesses have the ability to produce raw materials, because it depends on the location of mineral and chemical mines. In general, raw material production businesses in the world are located in politically unstable areas. If the huge amount of potash from Russia and Belarus cannot be exported because of the remaining Western sanctions, then the valuable raw material ammonia in Europe is experiencing a serious reduction in output due to the gas crisis. On the other hand, raw materials such as sulfur, phosphorus, etc. are largely supplied from China, but the country of a billion people restricts exports to meet domestic demand. Small businesses that depend on raw materials from the tycoons are currently in a difficult situation, especially businesses that produce DAP or NPK… Currently, Vietnam is also a country that depends on raw materials, which is the reason why domestic prices of NPK and DAP are still high. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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