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Fertilizer Prices Rose by 30 to 35%, Putting some Farmers in Difficulty
Summary by virgule.lu
2 Articles
2 Articles
While many farmers purchased fertilizer in the fall, those with insufficient stock must now buy it at a high price.
The accelerated increase in fertilizer prices, up to 40% in March, is not an isolated phenomenon, but a direct consequence of the energy crisis, argues economist Veaceslav Ioniță. According to him, the increase in the price of petroleum products led to an increase in the price of gas, the basic raw material for most fertilizers, and developments on international markets are almost entirely transmitted to import costs from the Republic of Moldova…
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