Fertilizer prices today, November 11, 2022: Concerns about input materials for NPK products

fertilizer prices today, November 11, 2022: Concerns about input materials for NPK products According to HaiNong’s assessment, with the current unpredictable instability, the Fertilizer market is also affected by many factors, of which NPK products are most affected. The most obvious is the input materials for fertilizer production. Currently, items such as sulfur, urea, potassium, etc., are still at high prices. With the base level of input materials all increasing so much, it is very difficult for NPK prices to decrease. In fact, many fertilizer enterprises do not have enough raw materials for production, especially imported materials such as sulfur and potassium, leading to factories having to produce at a moderate level, pushing up costs, most clearly seen in businesses in Europe at present. According to the world market, in the past month, retail prices of fertilizers in the US market increased. DAP fertilizer increased the most with 8% to 1,047 USD/ton. Next, Urea increased by 7% to 1,017 USD/ton, MAP increased by 6% to 1,071 USD/ton, and Potassium increased by 4% to 875 USD/ton. Base fertilizers and dry fertilizers also increased. #fertilizer_price #farmers #western_region #fertilizer_price #ure #price #dam #price #price_potassium #agriculture #fertilizer #agricultural materials #news #agriculture

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