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Vietnamese superphosphate prices have held relatively stable while urea, DAP, MAP and potassium fertilizers rose sharply in 2021, with urea up over 80% domestically. The article attributes the surge to strong food demand during the pandemic and rising input costs.
Stable superphosphate offers a cheaper phosphorus source, which may shift some demand away from pricier DAP and MAP. Broad fertilizer cost increases raise feed-grain production costs over time.
van.nongnghiepmoitruong.vnAuthors: Quynh AnhSep 25, 2021Not 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.
