fertilizer prices today, July 13, 2022: Potassium remains high Facing global fluctuations, the Vietnamese Fertilizer market is currently facing a series of challenges. From expensive imported supplies to high production fuel costs. In addition to the above challenges, there is another problem that the fertilizer industry is facing, which is the pressure of transportation costs. In fact, transportation costs have increased due to disruptions in the supply chain since the pandemic began two years ago. However, the conflict between Russia and Ukraine has made this problem even more challenging. Currently, spot sea freight rates between the two largest economies in the world have increased nearly 3.5 times in the period from January 2020 to May this year. That is also part of the reason why Potassium fertilizer prices are completely dependent on imported sources, incurring additional costs, and are unlikely to cool down. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture
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