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Israel-Iran conflict could cause spike in local fertilizer cost, Salceda warns
Economist-solon Albay 2nd district Rep. Joey Salceda has warned the government that the ongoing Israel-Iran conflict could lead to a spike in local fertilizer prices, which in turn could affect the cost of food.Approximately 66 percent of fertilizer imports to the Philippines are nitrogen based, primarily urea, the outgoing congressman said in a statement Sunday, June 15.Qatar is one of the major suppliers. Any disruption in Gulf shipping would …
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