International fertilizer prices continue to fall, adjusting to the agricultural business situation

Last week, prices for both nitrogen and phosphate fertilizers continued to fall, aligning with the relative purchasing power of grains. The granulated urea tender held by Rashtriya Chemicals & Fertilizers (RCF) in India received a higher-than-expected volume of bids, demonstrating that supply far exceeds demand. “While the volume offered in this tender is well below […]