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Non-Tech : The Brazil Board

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To: Glenn Petersen who wrote (2175)1/29/2022 11:54:19 AM
From: elmatador2 Recommendations

Recommended By
Glenn Petersen
pak73

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The fertilizer sector has seen renewed interest from investors since food prices and energy prices have skyrocketed. Potash prices depend heavily on these two parameters. As food prices rise, farmers have more income to buy more fertilizers, which pushes up fertilizer prices. Some fertilizer products use natural gas as input material to produce ammonia.

Since natural gas prices have skyrocketed, fertilizer prices have only gone higher as many fertilizer producers have shut down their plants due to high energy costs. I don't expect these prices to keep on rising in 2022, but they will still remain elevated.



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