Fertilizer prices today August 18, 2022: NPK prices remain stable due to world uncertainties

fertilizer prices today, August 18, 2022: NPK prices remain unchanged in the face of world instability. According to a recent statistic from Visual Capitalist, if the amount of fertilizer produced by the world’s top 6 countries such as the Netherlands, Belgium, Germany, Lithuania, Spain and Poland is added together, this number is only approximately equal to the amount of fertilizer produced by Russia alone. This further emphasizes Russia’s role in the world’s fertilizer supply. As the wave of political instability is getting serious in Eastern Europe, until the Russia-Ukraine war is getting more and more intense. Experts are ringing the alarm bell, there will be many poor or developing countries lacking chemical fertilizers for agricultural production. Even a large country like China is having a headache waiting for the arrival of Potassium from Russia. But there has been no impact from Russian Potassium shipments. In Vietnam, there is information that fertilizer shipments from Russia to Vietnam are becoming less and less, due to difficulties in transportation. In fact, there have been no NPK orders from Russia to Vietnam for 3 consecutive weeks. Ignoring these issues, there is also quite positive news for farmers, the prices of NPK fertilizers of major brands are still stable, with no signs of price increase. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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