Fertilizer prices today February 16, 2022: Prices of all types of fertilizers have slightly decreased during the main crop season.

Latest fertilizer prices on February 16, 2022: Fertilizer prices of all types have slightly decreased during the main crop season. There are many reasons to explain the price decrease in all fertilizer products, of which perhaps the first to mention is that in a short period of 2021, domestic fertilizer prices have increased too quickly following the world’s increase, causing the inventory of agents to have many different prices, with large amplitude differences. Thus, if we do the average calculation, even if at this time the selling price is lower than before Tet by a million VND/ton, there is still a profit of several million/ton – this is the dream profit level of the fertilizer business. Therefore, the general mentality is to sell off goods to make a profit. The second reason, perhaps also the main reason for the decrease in domestic prices, is the adjustment of Urea prices in the world market. In the past month, the world price of Urea has decreased by 300-400 USD/ton, most clearly reflected in the bidding to buy 1.5 million tons from India last week. The bidding price of India has caused the world price of Urea to decrease simultaneously, in which the price of granular Urea in Southeast Asia has also reflected the new price. Referring to the bidding price of India, if imported to Vietnam, the cost price is only about 14,500,000 to 15,000,000 VND/ton compared to the selling price (excluding discount) of Ca Mau Fertilizer which is currently 16,500,000 VND/ton. Nha Nong Mien Tay 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 Nha Nong Mien Tay, everyone! ==================== Youtube channel provides information about 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 #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials

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