fertilizer prices today, May 3, 2022: Fertilizer prices of all kinds continue to move sideways without any change, limited supply, warehouses are still on holiday. Thanks to high selling prices and taking advantage of market opportunities, many businesses in the fertilizer industry have recorded impressive business results in the first quarter with profits increasing by several times compared to the same period last year. In the first quarter of this year, domestic fertilizer manufacturing enterprises exported a record 474,268 tons of fertilizers of all kinds, with a revenue of 307 million USD, a sharp increase of 42.2% in volume and 3 times in value compared to the same period last year. Thus, after only the first 3 months of the year, fertilizer export turnover was equal to more than half of the export value of 559 million USD for the whole year of 2021. This impressive result was achieved thanks to the fertilizer export price doubling over the same period to an average of 647 USD/ton. This signals another year of great success for fertilizer companies after reaping many successes in 2021. In fact, the business picture of fertilizer companies such as Phu My Fertilizer, Ca Mau Fertilizer, Ha Bac Fertilizer… all recorded impressive growth in the first quarter of this year thanks to high selling prices and taking advantage of market opportunities. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials
source