Fertilizer price today February 20, 2023: fertilizer price in 2023 is still difficult to predict

fertilizer prices today, February 20, 2023: fertilizer prices in 2023 are still difficult to predict. With the characteristics of gas prices and gasoline prices greatly affecting the cost of fertilizer production, in which gas prices account for about 80-90% of the cost of ammonia production – an important input for the production of urea and DAP fertilizers, fertilizer prices in the coming months will still fluctuate unpredictably. Many fertilizer and financial experts in the world predict that fertilizer prices are likely to remain high and completely depend on world oil prices, as well as the developments of the Russia-Ukraine war in the future. Regarding fertilizer supply for the 2022-2023 Winter-Spring crop, the current nitrogen fertilizer production capacity of major fertilizer corporations in the country is still enough to meet domestic demand. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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