Latest fertilizer prices on January 12, 2022 | Fertilizer prices of all kinds continue to stay high. Factories are still focusing on returning goods for export while demand in the Mekong Delta is sluggish, so transactions are still slow. The situation of high fertilizer prices is causing many difficulties for farmers when agricultural products cannot be sold or are sold at very cheap prices. Meanwhile, fertilizer manufacturers claim record profits in the past 10 years. The main reason why many businesses in this industry reported large profits is thanks to good production and business activities while fertilizer prices are high. Prices of many types of nutrients for plants have increased by 150% compared to the same period in 2020 due to a sudden increase in global fertilizer demand while supply has decreased sharply. Domestically, DAP fertilizer prices have increased by about 2-2.5 times. Urea and potassium fertilizers have also jumped in price by nearly 100% compared to the previous year. ==================== Western Farmer Channel Updates the latest market prices of all types of fertilizers every day for you. *********************************************** Thank you for taking the time to watch the channel’s videos. Remember to like and subscribe to the channel to support 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_price #fertilizer_price #fertilizer_price #fertilizer_price #potassium_price
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