fertilizer prices today, March 2, 2022: URE fertilizer prices increase again. The market is more active after a temporary suspension of offers over the weekend. The current period is a difficult period for the supply chain with large price increases for fertilizers and shortages of active ingredients. Russia is a major global supplier of cheap fertilizers and the second largest producer of potash, an important nutrient for crops and products. Russia’s recent move to ban the export of ammonium nitrate (NH4NO3) could push global nitrogen fertilizer prices further up. Currently, Russia’s ammonium nitrate export output is about 15 million tons per year, accounting for 75% of the world’s supply. In addition, China still maintains a policy of restricting fertilizer exports to ensure domestic supply, in the context of energy shortages and high input material costs (gas, coal). This will make the supply shortage more serious and push the price of fertilizers to continue to remain high. Everything from chemicals to fuel to fertilizers is increasing. Fertilizers have increased by 75 – 85% and fuel has increased by almost 50%. ************************************************ Western Farmer Channel Updates the latest market prices of all types of fertilizers every day for you. ************************************************ Thank you everyone for taking the time to watch the channel’s videos. Remember to like and subscribe to the channel to support the Western Farmer! ==================== Youtube channel provides information on products, prices, care techniques, and farming techniques of Western Farmer. Follow the Western Farmers channel: Follow the Farmers’ News channel: Follow the Western Agricultural Market Prices channel: Facebook Group: #fertilizer_price #farmer #western #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials
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