Fertilizer prices today September 17, 2022: Fertilizer factories in Europe simultaneously cut production

fertilizer prices today, September 17, 2022: European fertilizer plants cut production en masse The European nitrogen Fertilizer market is exacerbating the price increase in North America as a series of factories cut production due to raw material shortages. According to analysis by Argus Media, the European Union’s nitrogen fertilizer production is falling by about 400,000 – 500,000 tons per month. It started with fertilizer plants in Poland ceasing operations and then spread across the region as major fertilizer companies such as Achema, Yara and Borealis simultaneously closed their plants. The fertilizer production cuts include urea, ammonium nitrate, calcium ammonium nitrate and urea ammonium nitrate (UAN). Currently, urea plants across Europe are operating at a quarter of normal capacity. It is forecasted that only two out of eight million tons of the region’s production capacity will continue to operate. According to a survey by the Western Farmers’ Channel, fertilizer prices are slow to trade in most regions, and prices are likely to increase in the coming time. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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