Fertilizer price today August 23, 2022: Domestic urea price remains stable

fertilizer prices today, August 23, 2022: Domestic urea prices remain flat Natural gas is the main raw material used by major fertilizer producers, except China (which uses coal), to create the ammonia component for about 80% of fertilizer produced globally. Before the conflict broke out, Russia, Ukraine and Belarus were major exporters of nitrogen fertilizers, but the combined impact of the conflict and rising gas prices has affected exports from all three countries. Statistics in 2017 show that rice production accounted for 36% of Asia’s total fertilizer consumption. As the summer-autumn crop in Asian rice-producing countries nears its end, fertilizer demand in the countries will increase. Many experts are concerned that there will be a price increase in the future. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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