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Western Australian fertiliser orders for 2022 remain above the long-term average despite sharply higher prices, with global potassium, nitrogen and phosphorus prices up roughly 180%, 150% and 13% year on year. CSBP says demand is broadly in line with expectations, though timing has been volatile due to supply chain concerns.
Strong order books despite high input costs indicate sustained fertiliser demand, supporting prices in the near term while farm margins are squeezed.
farmweekly.com.auShannon BeattieMay 9, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
