Fertilizer price today June 26, 2022: Urea trading price this week has decreased from 500-1,200 VND/kg

fertilizer prices today, June 26, 2022: Urea trading prices this week have decreased by 500-1,200 VND/kg compared to last week. One of the news that has made farmers happy recently is that in the world and domestic markets, urea prices have tended to decrease. However, other fertilizer products still show signs of going sideways. After reaching the highest historical peak in the past 50 years, fertilizer prices in the world and in the country have begun to cool down. This is a good sign for farmers after a long time of struggling to bear a series of high costs. However, in the context of continuously escalating oil prices, farmers’ worries are still constant. Currently, the input materials for NPK fertilizer production are Potassium, SA, sulfur and apatite ore and a small amount of urea. Except for apatite ore supplied domestically, most raw materials still have to be imported. In recent weeks, urea prices have shown signs of cooling down. While imported sulfur prices remain high and hover around 570-580 USD/ton, SA prices are around 270 USD/ton. Therefore, the cooling of urea prices cannot compensate for the costs of other raw materials. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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