Latest fertilizer prices today December 9, 2021: Fertilizer prices of all kinds continue to stay high. After a long period of uncontrolled increase, Urea and SA fertilizer prices peaked in November and have tended to slow down since the beginning of December, especially granular Urea. Powdered potash prices will continue to remain stable at 13-13,500,000 VND/ton and this trend may last until February 2022. In particular, flake potash will continue to stand at a high level of 17-17,500,000 VND/ton and will aim for 18,000,000 VND/ton by the end of the first quarter of 2022 due to scarce supply. For DAP, along with China’s decision to ban exports, Russia has tightened the quota on nitrogen fertilizers and nitrogen-containing compound fertilizers, so DAP will continue to maintain its growth momentum and it is expected that brown DAP will soon exceed 23,000,000 VND/ton, Hong Ha green DAP and Korean DAP will be 24-25,000,000 VND/ton. Domestically produced DAP continues to be scarce due to the unimproved situation of Apatite ore. The only possibility is that Duc Giang Chemicals’ 64% DAP can be delivered from December for contracts signed since October, but the cost price in Ho Chi Minh City has reached over 20,000,000 VND/ton. The above situation shows that, except for DAP and Potassium flakes that can be purchased in advance for the production plan, other raw materials should only be purchased in moderation according to the production plan. Regarding the agricultural situation, the export price of rice has decreased by 3-5% due to the Philippines temporarily suspending imports from Vietnam, but in return, the price of rubber and coffee is high, making farmers profitable. Therefore, it is likely that fertilizer products for the dry season in the Central Highlands this year will sell well! Western Farmers 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 Western Farmers! ==================== Youtube channel provides information on products, prices, care techniques, and farming techniques of Western Farmers. 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_price #fertilizer_price #fertilizer_price #fertilizer_price #potassium_price
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