Vietnamese fertilizer prices remain high, with urea at 610,000-650,000 VND per bag and DAP at 840,000-1,300,000 VND per bag. Prices have climbed for six months due to higher energy, raw material and logistics costs, while rice prices in the Mekong Delta have fallen.
Persistently high fertilizer costs squeeze Vietnamese rice margins and may reduce planting input use, while rising energy-linked input costs point to higher production costs for the sector.
After 92 past bullish macro events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.0% to +3.6%), and +4.8% over 20.
After 28 past bullish macro events, DAP moved a median -0.2% over 5 sessions (36% higher; middle half -0.9% to +1.3%), and -0.8% over 20.
After 16 past bearish macro events, Rough Rice moved a median +0.2% over 5 sessions (50% higher; middle half -5.1% to +1.7%), and +4.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.