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Philippines plans to implement recommended retail prices of fertilizers to control food prices

 Last Update: 2021-12-24
 Source: Internet
 Author: User

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According to a report by the Philippine Business Mirror on December 1, a senator expressed support for the Department of Agriculture (DA) to implement recommended retail prices (SRP) for fertilizers to ease the skyrocketing food prices and protect food from the farm to the table.
Agricultural product supply chain
.
The total annual demand for fertilizers in the Philippines is 2.
6 million tons, of which 2.
3 million tons are imported .
China supplies 18-20% of fertilizer demand
.

As of November 26, the price of each bag of chemical fertilizer (50 kg) is as follows: urea (dry bulb) 2154.
48 pesos, diammonium phosphate 2149.
59 pesos, urea (granules) 2119.
77 pesos, potassium chloride 1621.
49 pesos, nitrogen, phosphorus and potassium total fertilizer combination 1,581.
78 Pesos, Amphos, Pesos 1459.
14, Pesos 1111.
12 for Ammonium Sulfate
.

Ministry of Agriculture, food prices, agricultural product supply chain imports to China

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