Fertilizer price today June 27, 2022: World Urea price increases again

fertilizer prices today, June 27, 2022: Statistics last week, world urea prices increased again while domestic urea prices were on the decline. According to world market practice, urea prices depend mainly on oil prices, because oil and gas are important ingredients for urea production. With world oil prices remaining high and forecast to be difficult to decrease in the last months of the year, the current cooling of fertilizer prices is only short-term, a representative of the Vietnam Fertilizer Association predicted. Statistics from the Vietnam Fertilizer Association also show that since the beginning of 2022, urea prices worldwide have shown signs of gradually decreasing in March, increasing slightly again in April and May. Referring to many sources of information, the current price of Indonesian urea imported to Vietnam is 14.2 million VND/ton, much lower than at the beginning of the year. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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