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Fertilizer prices are projected to rise 2% in 2019 due to high input cost
Nov 01:
World Bank’s Fertilizer Price Index will be rise by 8% in the Q3 2018-19 due to high energy costs and tight supplies. It stands more than 18% higher than the same period in 2017.
8Fertilizer consumption remains constrained by relatively weak crop prices as a result of ample grain and oilseeds supplies. Fertilizer prices are projected to rise 2% in 2019 due to modest global demand growth
8Nitrogen (urea) prices surged 15% in the third quarter are more than 30% higher than the same period in 2017 on strong import demand, notably from Brazil and India. Prices were pushed up by Rising energy production costs, supply outages, and sharp cuts in exports from China.
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8Fertilizer consumption remains constrained by relatively weak crop prices as a result of ample grain and oilseeds supplies. Fertilizer prices are projected to rise 2% in 2019 due to modest global demand growth
8Nitrogen (urea) prices surged 15% in the third quarter are more than 30% higher than the same period in 2017 on strong import demand, notably from Brazil and India. Prices were pushed up by Rising energy production costs, supply outages, and sharp cuts in exports from China.
Click on Report for more
