fertilizer prices today, March 1, 2022: Fertilizer prices continue to stagnate at a high level. Distributors/agents have temporarily stopped selling Urea, and the factory’s output is also limited, although some traders are in need of buying goods. Some agents in the Southwest have announced that they are out of stock of granular Urea, so they have temporarily stopped selling until they have more goods. Urea prices are forecasted to increase again this week. Domestic fertilizer situation, early 2022 is the low consumption period nationwide, due to the specific nature of the crop in areas that have entered the near-harvest stage, so the demand for fertilizer is no longer as “hot” as in the fourth quarter of 2021. In addition, some northern and central provinces have experienced severe cold, farmers have limited their production in the fields, so the demand for consumption is not large. BSC Securities Company forecasts that domestic fertilizer demand will remain high in the early stages of the season and gradually decrease towards the end of the season. For the world, demand is expected to recover as economies reopen and increase stockpiling due to concerns about supply chain disruptions due to the pandemic. Meanwhile, major suppliers such as China, Russia and Egypt limit or stop exports. ************************************************ Western Farmer 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 the 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 #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials
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