Fertilizer prices today March 16, 2022 | Fertilizer and agricultural materials market information

fertilizer prices today, March 16, 2022: Fertilizer prices are flat at a high level after increasing in recent days. The Russia-Ukraine conflict has caused world fertilizer prices to reach their highest peak in the past 50 years. It is forecasted that fertilizer prices will continue to increase by 20-40% in the second quarter of 2022. According to analysis by economic experts, fertilizer prices and oil prices are always organically related to each other, because Urea is an increased product of the oil and gas refining industry. Currently, Russia’s fertilizer production accounts for about 30% of the total fertilizer supply worldwide. In particular, Russia supplies up to 70% of input materials for fertilizer production in Europe. Therefore, the impact of the Russia-Ukraine conflict is causing world fertilizer prices to fluctuate strongly. *********************************************** 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 Western Farmers! ==================== 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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