How does the conflict in the Middle East impact the fertilizer market?

게시됨 2026년 3월 3일

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The conflict in the Middle East is causing concern among many countries due to its negative impact on the economy. The attacks by the United States and Israel on Iran and Iran's retaliatory attacks have created instability in the commodities market, from oil, gas, other commodities, including fertilizers. In an interview with a reporter, TS. Phung Ha - President of the Vietnam Fertilizer Association said that the Middle East is the largest urea export region in the world, about 20 million tons/year. Of this, Iran produces about 5-6.5 million tons of urea/year, mainly exported to India, some Asian and African countries. Egypt exports about 4 million tons of urea/year, mainly to Europe. Iran is also the world's sixth largest producer of ammonia, due to Iran having the world's second-largest natural gas reserves. Ammonia is the raw material for producing nitrogen fertilizers such as urea, MAP, DAP. Sulfur is a raw material for producing sulfuric acid, an important raw material for ...
출처: Vietstock

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