Fertilizer prices today June 20, 2022: Fertilizer prices of all kinds at the beginning of the week remained stable

fertilizer prices today, June 20, 2022: Prices of all types of fertilizers remained stable at the beginning of the week. Urea fertilizer prices are showing a downward trend in some places. Currently, some agents in Thap Muoi, Dong Thap, have sold Urea at less than 800,000 VND/bag. The outbreak of the Covid-19 pandemic and the Russia-Ukraine war have affected most commodities in the world, most severely affecting the fertilizer industry. Accordingly, the prices of raw materials and services for fertilizer production and trading have increased sharply. Along with that, agricultural product consumption is quite unstable, agricultural product prices increase and decrease unstably due to great dependence on the export situation (especially in the southern provinces), significantly affecting farmers’ demand for fertilizers. These are the reasons why the Urea, DAP and Potassium markets traded quite slowly during the week. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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