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Some experts said that fertilizer prices , especially potash fertilizers, will fluctuate
.
It is understood that the export volume of potash fertilizers in Russia and Belarus accounts for about 40% of the total global export volume, and China, Brazil and India are the main demanders
.
The rising shipping costs caused by the conflict between Russia and Ukraine, the strong demand for potash fertilizer in Brazil, and the overlapping supply time between China and India, may cause the price of potash fertilizer to remain high
.
.
The rising shipping costs caused by the conflict between Russia and Ukraine, the strong demand for potash fertilizer in Brazil, and the overlapping supply time between China and India, may cause the price of potash fertilizer to remain high
.
Russia is China's largest source of potash fertilizer imports.
According to data, China's potash fertilizer imports will reach 7.
57 million tons in 2021, of which about 30% will come from Russia
.
In 2022, the contract price of potash fertilizer in China will be US$590/ton, a year-on-year increase of US$343/ton, a new high in 10 years
.
Russia's potash fertilizer may be compensated through small-value trade on the border.
It is expected that the amount of potash fertilizer imported by small-value trade on the border may increase this year
.
According to data, China's potash fertilizer imports will reach 7.
57 million tons in 2021, of which about 30% will come from Russia
.
In 2022, the contract price of potash fertilizer in China will be US$590/ton, a year-on-year increase of US$343/ton, a new high in 10 years
.
Russia's potash fertilizer may be compensated through small-value trade on the border.
It is expected that the amount of potash fertilizer imported by small-value trade on the border may increase this year
.
85% of the country's fertilizers are imported, of which about 1/5 comes from Russia
.
Brazil, the world's largest producer of coffee, soybeans and sugar, as well as corn and beef, is looking for a new source of fertilizer
.
.
Brazil, the world's largest producer of coffee, soybeans and sugar, as well as corn and beef, is looking for a new source of fertilizer
.
Although Brazil's agriculture minister said domestic stocks could last until October, Brazil's National Fertilizer Association warned that stocks would only last for three months
.
The rising cost of fertilizers will directly prevent Brazilian farmers from increasing their grain production, which in turn will not be able to make up for the shortfall caused by the reduced grain production in Ukraine and Russia
.
.
The rising cost of fertilizers will directly prevent Brazilian farmers from increasing their grain production, which in turn will not be able to make up for the shortfall caused by the reduced grain production in Ukraine and Russia
.
In fact, long before the outbreak of the Russian-Ukrainian conflict, global fertilizer supplies tended to be tight
.
In 2021, the price of some fertilizer products will more than double
.
The ammonia needed to produce nitrogen fertilizers is mainly synthesized from natural gas, and rising natural gas prices have limited ammonia production
.
In September last year, the United States was hit by Hurricane Ida, and the world's largest nitrogen fertilizer integrated plant in Louisiana was shut down, causing the price of nitrogen fertilizer along the Mexican coast to soar to a new high in nearly a decade
.
.
In 2021, the price of some fertilizer products will more than double
.
The ammonia needed to produce nitrogen fertilizers is mainly synthesized from natural gas, and rising natural gas prices have limited ammonia production
.
In September last year, the United States was hit by Hurricane Ida, and the world's largest nitrogen fertilizer integrated plant in Louisiana was shut down, causing the price of nitrogen fertilizer along the Mexican coast to soar to a new high in nearly a decade
.
Fertilizer industry analysts say the war in Ukraine and Western sanctions on Russia have made the situation worse, raising the prospect of chronic global supply shortages
.
.
