A strong increase in fertiliser prices during June has caused farmers, who need to spray their summer-autumn crops, much worry, according to the Ministry of Industry and Trade’s Market Watch Team. Le Quoc Phong, deputy chairman of the Viet Nam Fertiliser Association and general director of the Binh Dien Fertiliser JSC, confirmed that urea and [...]
PetroVietnam Fertiliser and Chemicals Corporation will begin construction of a new factory in southern Ba Ria-Vung Tau Province in the third quarter. The plant, to be located in the Phu My 1 Industrial Park next to the company’s existing plant, will cost around US$63 million. It will have an annual capacity of 400,000 tonnes of [...]
Although fertiliser is in the list of price stabilisation commodities, its selling price has recently been changing day by day, even three times a day Although fertiliser is in the list of price stabilisation commodities, its selling price has recently been changing day by day, even three times a day. To deal with this problem, [...]
A multi-layered distribution system, high production and transport costs, and an artificial supply shortage have fuelled domestic fertiliser and steel prices despite the State’s price stabilisation measures, industry insiders have said. Fertiliser prices continue to rise amid strong demand for the ongoing summer-autumn crop. The price started increasing by VND1,000-3,000 a kilo since late last [...]
The Fertilizer and Petrochemical Corporation (PVFCCo) under PetroVietnam is boosting the transfer of technology for farmers in at least three Cambodian provinces as part of its overseas expansion scheme. Deputy General Manager in charge of marketing and building distribution system, Nguyen Hong Vinh, said at a press briefing in Phnom Penh on April 23 that [...]
The Ministry of Industry and Trade has asked the Government to draw up a regulation that would require producers to maintain a fertiliser reserve to avert supply shortages and price hikes. At a seminar on Saturday in HCM City, Nguyen Loc An, deputy head of the Ministry of Industry and Trade’s Domestic Market Department, said [...]
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