
Sannong Zhongguo reports that fertilizer prices in China have risen since September as planting season sales boom. Both raw and compound fertilizer prices have increased.
Traders are passing on higher costs for urea, sulfur, sulfuric acid, synthetic ammonia and freight.
Rising urea and phosphate input costs push up fertilizer prices, which can raise farm production costs and, over time, feed ingredient costs. Prices are expected to keep rising during the planting season.
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.