Africafertilizer.org on its site, reports and charts of May fertilizer prices of African countries and these prices were published. Compared to the average world fertilizer price and the average fertilizer price of African countries, it is clear that there is an opportunity for fertilizer exports.
For the fertilization process, the air must be rainy. June July August is the rainy months in Africa. Therefore, the periods when sales are good in the fertilizer market are also usually these periods. Current comments on the fertilizer market in African countries are as follows:
BURKINA FASO: Distributors are placing small orders because of rising fertilizer prices. Producers continue to prepare for planting and are less present in shops.
COTE D’IVOIRE: October is underway for crops, leading to a high demand for fertilizers. Farmers are increasingly visiting entry shops to buy fertilizer for their crops.
GHANA: Urea is sold at an open market price of GHS120/50Kg, while its subsidized price under the October program for food and business is GHS45 / 50kg. Farmers are eagerly buying both open-market fertilizers and subsidized fertilizers, despite price differences.
MALI: CMDT and Office du Niger noted that the auctions launched, as well as fertilizer prices that are relatively close to raw material prices, have pushed suppliers to stockpile to avoid possible stock outflows.
NIGERIA: The price of fertilizer has continued to rise in the market due to low supply of urea, and the cost of Transportation has increased recently, which has contributed to already high prices. In all regions, there was a general increase in the price of fertilizer products, especially for urea and NPK 20:10:10.
SENEGAL: After the announcement of subsidized fertilizer prices in mid-May, subsidized fertilizers are starting to dominate the market.
BURUNDI: Prices for most October fertilizers have fallen in Burundi due to low demand. Cultivation of season b crops such as beans, maize and sorghum was completed in March, so demand is low.
KENYA: A multi billion-shilling fertilizer plant to meet certain soil and crop conditions in the East African region has begun operations in Nakuru. The Sh3 billion project, the first of its kind in Kenya managed by Fertiplant East Africa Limited, is expected to reduce the cost of fertilizer production in Kenya.
MALAWI: Prices for top dressing fertilizers are high due to high demand. Most crops are in the growth stage and require top dressing fertilizers.
MOZAMBIQUE: Prices for most fertilizers in the country are generally low due to low demand. Cultivation of Mozambique's largest food crop, 2021 season crops such as maize and sorghum, was completed in December 2020, taking into account low fertilizer demand.
TANZANIA: Fertilizer prices in Northern bimodal are low due to low demand as October is not held. Crops such as maize, sorghum and millet in these regions are in the final stages of growth, so do not require fertilizer.
UGANDA: Manure is available in the country because importers have already imported manure, and agronomists have enough stock for planting in the northern part of the country, which began in April and continues through May.
ZAMBIA: As the 2021/2022 marketing season approaches, stakeholders have urged the government to consider raising the price of corn for a 50kg bag to K150. Their demands are justified by the cost of production and the need to help farmers become profitable.
RWANDA: Fertilizer is available in the country, so no shortage has been reported. Although most countries ' borders with Burundi are closed, the borders of Uganda, Burundi and Tanzania are open to the transport of goods and cargo, including manure, so manure is available in the country.
For more information africafertilizer.org you can visit the site.
Comments