Fertilizer market prices today, May 2, 2024: Domestic fertilizer prices remain stable

Fertilizer market prices today, May 2, 2024: Domestic fertilizer prices remain stable. According to information from the Vietnam Fertilizer Association, the current demand for fertilizer consumption in the country is about more than 11 million tons/year, while the output of industrial fertilizers produced domestically is about 8 million tons/year. Domestic fertilizer production and consumption is unbalanced, while urea and phosphate products are in surplus, many other fertilizer products such as potassium, micronutrient fertilizers, and organic fertilizers are still in short supply. That is the reason why Vietnam still has to import about 40% of DAP fertilizer (mixed inorganic fertilizer) and all potassium fertilizer to meet domestic demand. #fertilizer price today #nhanongmientay #nhanong #mientay #giaphanbon #giaure #giaphan #giadam #gianpk #giakali #nongnghiep #fertilizer #agricultural materials #news #nongnghiep

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