Fertilizer prices today August 9, 2022: Scarce supply, Potassium unlikely to cool down

fertilizer prices today, August 9, 2022: Supply is scarce, Potassium is difficult to cool down In the context of increasing political tensions in Ukraine and the energy crisis in Europe is also at its peak, the world’s Potassium supply is gradually becoming seriously deficient. China is also a country that depends heavily on imported Potassium from the world, with increasingly scarce Potassium supply, pushing the price of Potassium fertilizer in this country to about 3,647 yuan (564.6 USD) / ton, up 91.05% over the same period last year and the highest level since 2013. Along with that, when looking at Saskatchewan, Canada – the largest Potassium producing region in the world, is under more pressure because orders to buy Potassium are exploding. However, the Potassium output that Canada produces is only enough to meet the needs of a few European countries. Vietnam is also in the same situation, currently the Potassium source is dependent on White Potassium from Laos. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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