Fertilizer prices today March 30, 2022: Urea prices vary greatly in localities

fertilizer prices today, March 30, 2022: Urea prices vary widely in localities due to supply disruptions. Market trading is slow. The price of sulfuric acid in China on March 29 was 175 USD/ton, up 73% compared to the beginning of the year. Sulfuric acid – a chemical used to produce fertilizers, pesticides, synthetic detergents, chemical fibers, plastics, and paints in China on March 29 was 1,117 yuan/ton (175 USD/ton), up 1% compared to March 28. This item increased by 73% compared to the beginning of the year. The price of urea today is 2,993 yuan/ton (470 USD/ton), up 10 yuan/ton compared to yesterday. Compared to the beginning of the year, the price of this item is still nearly 17% higher. Russia plays an important role in the world Fertilizer market, including urea. In 2021, the country exported 7 million tons of urea, accounting for 18% of the world’s total export market share of this commodity and ranking first globally. Russia’s exclusion from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) will prevent the country’s banks from transferring money out of or receiving money from abroad. This will severely affect the export of all commodities, including Russian fertilizers. Sulfur, used to produce fertilizers, pesticides, etc., remained unchanged from yesterday and traded at 3,183 yuan/ton ($499/ton). This commodity has increased by 57% compared to the beginning of the year. Sulfur is also used in batteries, detergents, rubber vulcanization, fungicides and in the production of phosphate fertilizers. Due to its flammable nature, sulfur is also used in matches, gunpowder and fireworks. Yellow phosphorus was also unchanged from yesterday, trading at 37,000 yuan ($5,805) a tonne. The commodity was down 6% from its March 6 high. Acetone, a chemical used in nail polish removers, super glue removers and cleaners for ceramics and glass, also remained unchanged at $919/ton. #fertilizer_price #farmers #western #fertilizer_price #urea #fertilizer #dam price #giadam #giapk #giakali #nongnghiep #fertilizer #agricultural supplies

source