Published • loading... • Updated
Middle East conflict pushes Australian fertilizer prices to US$584/t
Summary by freshplaza.com
3 Articles
3 Articles
By Ignacio Montes de OcaLet's go with another alert for the Middle East crisis: fertilizers. Qatar, Saudi Arabia, UAE, Bahrain and Kuwait contribute between 10 and 15% worldwide, but it exports a lot of nitrogen fertilizer, essential for 50% of the food produced in the world. The Strait of Ormuz is the gateway of 30-33% of the global trade of this type of fertilizer, about 16 million tons per year. If Iran keeps it closed, the ships are stranded…
Nitrogen fertiliser in particular could become a problem, and this fertilizer comes mostly from the Middle East.
·Hamburg, Germany
Read Full ArticleCoverage Details
Total News Sources3
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium

