# Fertiliser prices fall, firms to expand exports

> Vietnam's fertiliser export market declined in volume and price in the first half of 2023, with urea prices down 60-65% from a year earlier. China lifted restrictions on 29 fertiliser types, adding supply to world markets, and the Vietnam Fertiliser Association proposed cutting urea export tax to zero.

- Date: 2023-07-04 · published 2023-07-04T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/35356-fertiliser-prices-fall-firms-to-expand-exports
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Abundant global fertiliser supply and lower prices reduce farmers' input costs over time, but weak fertiliser demand signals softer crop-input pressure for feed grain production.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-06-23 | [Fertilizer prices fall on slow demand, Chinese exports and Iran - Nikkei Asia](https://feedsoft.ai/events/19114-fertilizer-prices-fall-on-slow-demand-chinese-exports-and-iran-nikkei-asia.md) | -2.1% | -1.4% |
| UREA | 2021-08-05 | [Fertilizer prices stabilise after boom](https://feedsoft.ai/events/45871-fertilizer-prices-stabilise-after-boom.md) | +1.4% | +8.5% |
| UREA | 2024-04-02 | [Lack of Demand, Plentiful Supply Push Down Fertiliser Prices \| CZ app](https://feedsoft.ai/events/4548-lack-of-demand-plentiful-supply-push-down-fertiliser-prices-cz-app.md) | -7.2% | -8.1% |
| UREA | 2026-08-20 | [IFDC: China’s urea exports ease nitrogen prices, but fertilizer markets remain tense - Fertilizer Daily](https://feedsoft.ai/events/17859-ifdc-china-s-urea-exports-ease-nitrogen-prices-but-fertilizer-markets-remain.md) | +1.1% | +17.4% |
| UREA | 2022-05-26 | [Bangladesh purchases LNG, fertiliser at lower rates as prices fall in global market \| The Business Standard](https://feedsoft.ai/events/41693-bangladesh-purchases-lng-fertiliser-at-lower-rates-as-prices-fall-in-global.md) | -17.1% | -21.4% |

## Sources

- vietnamnews.vn: https://vietnamnews.vn/economy/1550662/fertiliser-prices-fall-firms-to-expand-exports.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.