PODCAST: IFA ’22: Rush for fertilizers falters on affordability, financing concerns
VIENNA (ICIS)–Demand for fertilizers has been hit after a year of record-breaking gains, spurred on by high natural gas prices and the Ukraine conflict.
Farmers have reduced purchases due to the increase in costs, as well as having to deal with financing and credit line problems.
Ammonia and urea are down, but prices remain significantly above last year’s levels, while nitrates, phosphates, sulphur, potash and sulphuric acid are more stable.
In this podcast, the ICIS fertilizer team discusses the latest market trends from Vienna, where all the main players have gathered for the annual International Fertilizer Association (IFA) conference.
The IFA annual conference, which is held in Vienna, runs from 30 May to 1 June.
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