fertilizer prices today, November 21, 2022: Fertilizer prices have not fluctuated. The energy crisis in Europe is a big wake-up call for everyone about the need to create a new food system, one that is less dependent on Russia. Germany is often cited as an example of Europe’s precarious relationship with Russia. Before the conflict, 55% of Germany’s gas came from Russia. Last year, Germany was the third-largest chemical exporter by value, after China and the United States. Now, the industry is struggling to compete in the global market. European sellers are among the hardest hit because products are often priced on a global basis. “This limits the ability to pass on higher costs to end consumers for chemicals produced in Europe, because customers can source the product cheaper elsewhere or simply cannot afford it.” #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture
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