Fertilizer prices today September 30, 2021 | Latest information on fertilizer and agricultural materials market

Latest fertilizer prices on February 21, 2022: Fertilizer prices of all kinds remained unchanged at the beginning of the week and continued to remain stable. Fertilizer imports and exports of all kinds increased sharply compared to the same period. According to preliminary statistics from the General Department of Customs, in January 2022, the country’s fertilizer exports reached 226,155 tons, worth 171.699 million USD, up 51.5% in volume and 70.1% in value compared to December 2021. Compared to the same period in 2021, it increased 78.6% in volume and 349.5% in value. In 2021, the country exported over 1.35 million tons of fertilizer, earning 559.35 million USD, the average price reached 413.4 USD/ton, up 16.4% in volume, up 64.2% in turnover and up 41.2% in price compared to 2020. Cambodia is the largest export market, accounting for 40.2% of the total volume and 37.4% of the total fertilizer export turnover of the country, reaching 544,443 tons, equivalent to over 209.18 million USD, the average price was 384.2 USD/ton, up 29.2% in volume, up 59% in turnover and up 23.2% in price compared to 2020. In December 2021 alone, fertilizer exports to the Cambodian market reached 37,360 tons, equivalent to 16.52 million USD, the average price was 37,360 tons, equivalent to 16.52 million USD, the average price was 37.2 million USD/ton, up 29.2% in volume, up 59% in turnover and up 23.2% in price compared to 2020. In December 2021 alone, fertilizer exports to the Cambodian market reached … 442.3 USD/ton. Compared to December 2020, it decreased by 16% in volume, but increased by 20.5% in turnover and increased by 43.5% in price. Next is the Korean market with 97,789 tons, equivalent to 70.84 million USD, the average price is 724.4 USD/ton, a sharp increase of 379% in volume, 2,001% in turnover and 338.7% in price compared to 2020. Fertilizer exports to the Malaysian market reached 106,917 tons, equivalent to 36.16 million USD, up 14.3% in volume and 97.6% in turnover; Exports to the Philippines market were 61,385 tons, equivalent to 26.03 million USD, up 242.4% in volume, up 401.6% in turnover compared to 2020. On the other hand, in January 2022, imports reached 322,731 tons of fertilizer, equivalent to 153.61 million USD, down 14.5% in volume, down 6% in turnover compared to the previous month, but up 0.2% in volume and up 81.7% in turnover compared to January 2021. The import price in January 2022 averaged 476 USD/ton. Fertilizer imports mainly from China accounted for 42.6% of the total import volume and 37.5% of the total turnover, reaching 137,430 tons, worth 57.57 million USD, compared to January 2021, an increase of 15.6% in volume, a sharp increase of 87.7% in turnover and an increase of 62.3% in price. Next is the Russian market with 53,773 tons of fertilizer, worth 29.64 million USD, priced at 551.2 USD/ton, accounting for 16.7% of the total volume and 19.3% of the total turnover. Notably, fertilizer imports from Belarus increased sharply by 4,180% in volume, 6,106% in value and 45% in price compared to December 2021, reaching 30,815 tons, worth 18.77 million USD, accounting for 9.6% of the total volume and 12.2% of the total value. Fertilizer imports from Israel also increased sharply in both volume and value compared to December 2021. In general, fertilizer imports in January 2022 from most markets increased in value compared to the same period in 2021. #fertilizer_price #farmers #western_region #fertilizer_price #fertilizer_price #fertilizer_price #fertilizer_price #fertilizer_price

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