Negotiations underway to unblock exports of fertilizer from Russia have made “important steps forward,” one of the main United Nations negotiators said on Thursday, while acknowledging that there was still a way to go. Russian grain and fertilizer exports continue to face issues over sanctions imposed after the Kremlin’s invasion of Ukraine, despite two agreements signed on Jul. 22 that called for sanctions to spare agriculture-related products and grant safe passage for Ukrainian… Source link
Read More »Fertilizer Prices Drop 30% Following Demand Destruction
(Bloomberg) — Fertilizer prices that had hit records are now plunging as buyers reel from sticker shock. Most Read from Bloomberg The June spot price in Tampa, Florida for the nitrogen fertilizer ammonia settled at $1,000 per metric ton, a drop of 30% from May’s $1,425 per metric ton, according to Green Markets, a Bloomberg company. 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… Source link
Read More »Bodies of migrants found in fertilizer shipment in Paraguay
ASUNCION, Paraguay (AP) — Paraguayan officials say workers have discovered the remains of seven people — apparently would-be migrants — in a shipment of fertilizer from Serbia. Three of the men were Moroccan and one was from Egypt, the chief investigfator, Marcelo Saldivar, told The Associated Press on Saturday. The other three had not yet been identified. Investigators said the shipment left Serbia along rivers on July 22 and the migrants apparently had hoped to get off at some point… Source link
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