Fertilizer Prices Drop 30% Following Demand Destruction - 27 mai 2022

Demand destruction is part of the decline. Places like Southeast Asia are seeing buyers unwilling to pay the record high prices that were posted in April and May, said Green Markets analyst Alexis Maxwell. It also reflects the declining cost of ammonia production as European natural gas prices fell in the second quarter, she said. Even with the drop, however, prices are still 87% higher than a year ago, and supply chain issues continue to wreak havoc on global markets.

https://finance.yahoo.com/news/fertilizer-prices-drop-30-following-212422784.html