Fertiliser prices hit record on Russia supply concerns
Emiko Terazono in London
Fertiliser prices are breaking new records as supplies from Russia, the leading exporter, has dwindled, adding further to fears over food security.
Russia’s export ban this month — including key crop nutrients containing nitrogen, potash and phosphates — has sent prices soaring, while farmers were already facing high fertiliser costs because of sanctions on Belarus, a leading potash producer and export restrictions by China.
In Europe, soaring natural gas prices, the main ingredient for nitrogen crop nutrients, have meant that producers including Yara have reduced their output.
The fertiliser index from CRU, a consultancy, has risen 30 per cent since the start of the year, and is now higher than the levels reached during the food and energy crisis when prices jumped in 2008.
Higher fertiliser prices mean costs of production globally will increase, affecting the quality of crops. “Yields could be lower if farmers choose or are forced to reduce fertiliser applications, potentially impacting global production,” warned AHDB, a UK farmers’ advisory organisation.
- Forums
- ASX - By Stock
- STX
- Ann: South Erregulla Update
Ann: South Erregulla Update, page-171
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $572.1M |
Open | High | Low | Value | Volume |
21.0¢ | 21.3¢ | 20.0¢ | $1.933M | 9.486M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 1719264 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 895737 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 1633938 | 0.200 |
44 | 1401227 | 0.195 |
26 | 1097863 | 0.190 |
16 | 668268 | 0.185 |
16 | 538226 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 653842 | 11 |
0.210 | 593987 | 9 |
0.215 | 840816 | 11 |
0.220 | 434231 | 8 |
0.225 | 1073516 | 14 |
Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
|
|||||
Last
20.0¢ |
  |
Change
-0.010 ( 5.17 %) |
|||
Open | High | Low | Volume | ||
21.0¢ | 21.3¢ | 20.0¢ | 2028008 | ||
Last updated 15.59pm 30/05/2024 ? |
Featured News
STX (ASX) Chart |
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin & Ramón Jiménez Serrano, Managing Director & Executive Director
Ryan Parkin & Ramón Jiménez Serrano
Managing Director & Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online