Fertilizer prices today September 19, 2022: Difficult problem about fertilizers containing phosphate

fertilizer prices today, September 19, 2022: The difficult problem of phosphate-based fertilizers It is known that Russia and China are the two leading countries importing phosphate-based fertilizers to Vietnam. However, since May of the year, the import volume of phosphate-based fertilizers has continuously decreased. It is known that shipments from Russia are being suffocated due to being hindered by the European embargo. Meanwhile, China has imposed quotas on phosphate-based products since the beginning of the year, restricting exports, causing significant impacts on the Vietnamese market. With global inflation increasingly heating up, it is understandable that a country with a population of 1.4 billion people imposes fertilizer quotas. Domestically, phosphate-based fertilizers, typically DAP, imported from Russia and China, are scarcer than ever. The scarce supply causes DAP prices to always stagnate at a high level. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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