Fertilizer prices today August 10, 2022: Domestic DAP and Potassium prices remain stable

fertilizer prices today, August 10, 2022: Domestic DAP and Potassium prices remain stable In the first months of the year, tensions between Russia and Ukraine disrupted the world’s fertilizer supply, with prices for this commodity hitting a 50-year high. Looking at Vietnam’s major fertilizer exporting countries, the disruption of Urea supply in Russia and China has been eased. However, commodities such as DAP and Potassium are still being congested. In fact, commodities containing Phosphorus such as DAP and Potassium produced by China can only meet domestic demand. The export volume of these commodities is very small. In July, DAP and Potassium imported from China to Vietnam decreased significantly. Meanwhile, although an agreement has been signed to freely export fertilizers and food with the United Nations. But there has been no action from Russia regarding the export of DAP and Potassium. That is the reason why the domestic price of DAP and Potassium has remained unchanged in recent days. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

source