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Vinachem reports the global fertilizer market remains unstable after 2022 turmoil. IFA data show global fertilizer use fell to 185.1 million tonnes in 2022, with demand destruction in affordability-driven markets, while potash remains disrupted and nitrogen and phosphate have stabilized.
Reduced global fertilizer application weighs on yield potential and feed grain supply, while ongoing potash disruption keeps input costs elevated for producers.
vinachem.com.vnOct 9, 2023Not enough comparable past events yet for a historical read.
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.
