Fertilizer price today August 12, 2022: What will fertilizer prices be like in the future?

fertilizer prices today, August 12, 2022: What will fertilizer prices be like in the future? Analysts are concerned that raw materials such as gas are still a risky factor for fertilizer businesses. In fact, when EU sanctions began to be imposed on Russia, Russia responded by stopping gas exports – a key input for the production of nitrogen fertilizers. Although the prices of nitrogen fertilizers have now decreased, they are still twice as high as in 2020. In addition, when the treaty allowing free transportation of Russian fertilizers and food was signed, there has been no major movement from Russian fertilizer shipments. Freight and insurance companies believe that transporting goods out of war zones is too risky. Domestic urea prices have also cooled down following the general world situation, but any new shocks in the future also risk causing prices to increase again, especially with the current unstable world situation. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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