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Global fertilizer prices continue to rise, Indian potash up nearly 60%

Global fertilizer prices continue to rise, Indian potash up nearly 60%

(Summary description)Relevant data show that the contract price of Indian potash fertilizer has soared by 59% to $445 / ton. In Europe, potash prices rose 1.7%, the most since 2015. The North American fertilizer price index in the United States hit a new high for three consecutive weeks. The U.S. is currently experiencing its worst inflation in 31 years. The surge in fertilizer prices will correspondingly push up agricultural prices, which will eventually be passed on to consumers, raising concerns among U.S. consumers that food prices will soar further.

Global fertilizer prices continue to rise, Indian potash up nearly 60%

(Summary description)Relevant data show that the contract price of Indian potash fertilizer has soared by 59% to $445 / ton. In Europe, potash prices rose 1.7%, the most since 2015. The North American fertilizer price index in the United States hit a new high for three consecutive weeks. The U.S. is currently experiencing its worst inflation in 31 years. The surge in fertilizer prices will correspondingly push up agricultural prices, which will eventually be passed on to consumers, raising concerns among U.S. consumers that food prices will soar further.

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