Navigation Links
World fertilizer prices drop dramatically after soaring to all-time highs
Date:12/16/2008

prices were also driven up by a huge increase in demand and prices for sulfur, vital for production of the popular DAP and other high-analysis phosphate fertilizers. The supply of quality phosphate rock also became tight.

Why Prices Then Plunged Rapidly

Gregory explains why fertilizer prices fell so rapidly in late 2008. "The high fertilizer prices caused 'demand destruction.' Farmers were unable or unwilling to pay two or three times the prices of early 2007." Collapse of the global credit market, a trade recession, and slowdown in world economic growth worsened the situation. Demand for fertilizers fell and stocks accumulated. Fertilizer manufacturers cut back on production.

"But potash prices have stayed high due to its shortage and difficulties in transporting Russian potash because of an enormous and expanding sinkhole near the Silvinit mines," Gregory says. "Demand for potash increased from 2006 through 2008, and potash inventories are now 37% lower than over the past 5 years."

Price movements will probably be volatile for at least the next 2 years, until new production facilities open and the current lower prices for nitrogen and phosphate recover, Gregory says.


'/>"/>

Contact: Dr. Thomas Hargrove
thargrove@ifdc.org
256-381-6600
IFDC
Source:Eurekalert  

Page: 1 2

Related biology news :

1. In the animal world, bigger isnt necessarily better
2. World Energy Outlook to be presented at Rice University Dec. 9
3. 100-meter sprint world record could go as low as 9.48 seconds
4. New national park protects worlds rarest gorilla
5. Worker ants of the world, unite! You have nothing to lose but your fertility
6. Oak Ridge supercomputer is the worlds fastest for science
7. Marine invasive species advance 50 km per decade, World Conference on Marine Biodiversity told
8. Less than one month to opening of world’s largest global congress on osteoporosis
9. Arid aquaculture among livelihoods promoted to relieve worsening pressure on worlds drylands
10. Marine invasive species advance 50km per decade, World Conference on Marine Biodiversity told
11. Worlds rarest big cat gets a check-up
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
World fertilizer prices drop dramatically after soaring to all-time highs
(Date:9/22/2014)... NEW YORK CITY (September 22, 2014)The Brain ... the award of NARSAD Young Investigator ... to 200 of the world,s most promising ... grants for groundbreaking neurobiological research will seek ... prevention strategies for psychiatric disorders that affect ...
(Date:9/22/2014)... If you,re overweight, you may be at greater ... cardiovascular disease and cancer, according to a new ... that psychological stress can trigger biological responses similar ... inflammation. While normal inflammation is an important part ... contribute to chronic and life-threatening diseases. , ...
(Date:9/21/2014)... Mothers of children with autism are significantly less likely ... pregnancies than the mothers of children who are developing ... MIND Institute has found. , Low iron intake was ... the child if the mother was 35 or older ... she suffered from metabolic conditions such as obesity hypertension ...
Breaking Biology News(10 mins):Brain & Behavior Research Foundation awards 200 NARSAD Young Investigator grants 2Obesity and stress pack a double hit for health 2Mothers of children with autism less likely to have taken iron supplements 2
... received a $3.3 million contract from the U.S. Defense Advanced ... be so soft and squishy that they will be able ... morph back into something 10 times larger, and ultimately biodegrade. ... conduct dangerous or difficult operations are clear, and the U.S. ...
... essential hypertension also develop diabetes and other complications in ... discovered a common molecular mechanism in a strain of ... in mammals. , The bioengineering researchers at UC San ... drug developed for unrelated purposes in humans was effective ...
... Crohn,s disease researchers has combined data from three ... associated with the inflammatory bowel disorder, bringing the ... Several of these are involved with the immune ... that disruptions in a process called autophagy may ...
Cached Biology News:Tufts to develop morphing 'chemical robots' 2Tufts to develop morphing 'chemical robots' 3A single mechanism for hypertension, insulin resistance and immune suppression 2A single mechanism for hypertension, insulin resistance and immune suppression 3A single mechanism for hypertension, insulin resistance and immune suppression 4International team identifies 21 new genetic risk factors for Crohn's disease 2
(Date:9/22/2014)... 22, 2014 Research and ... of the "Global Biotechnology Reagents Market 2014-2018" ... (Logo: http://photos.prnewswire.com/prnh/20130307/600769) Biotechnology reagents are chemical ... system to detect and examine another substance to ... in laboratories to prepare, collect, and examine specimens ...
(Date:9/22/2014)... components developed by researchers at the USC Viterbi ... build a 3-D microfluidic system quickly and cheaply ... , Microfluidic systems are used in many ... manipulate small volumes of fluids for use in ... detection, clinical diagnostic testing, and synthetic chemistry. Traditionally, ...
(Date:9/22/2014)... Platelets, the tiny cell fragments whose job it is ... a cell nucleus. But they can "feel" the physical ... have discovered. , Platelets respond to surfaces with greater ... they "turn on" other platelets and other components of ... smarter than we give them credit for, in that ...
(Date:9/22/2014)... Analysis of circulating tumor cells (CTCs) in a mouse ... expression in several groups of CTCs, including significant differences ... ability to generate metastases. In their study reported ... , investigators from the Massachusetts General Hospital (MGH) Cancer ... found unexpected factors that may prove to be targets ...
Breaking Biology Technology:Global Biotechnology Reagents Market 2014-2018: Key Vendors are Agilent, BD Biosciences, Bio-Rad, F. Hoffmann-La Roche, Sigma-Aldrich and Thermo Fisher 2Global Biotechnology Reagents Market 2014-2018: Key Vendors are Agilent, BD Biosciences, Bio-Rad, F. Hoffmann-La Roche, Sigma-Aldrich and Thermo Fisher 3Lego-like modular components make building 3-D 'labs-on-a-chip' a snap 2Lego-like modular components make building 3-D 'labs-on-a-chip' a snap 3Lego-like modular components make building 3-D 'labs-on-a-chip' a snap 4Lego-like modular components make building 3-D 'labs-on-a-chip' a snap 5Platelets modulate clotting behavior by 'feeling' their surroundings 2Massachusetts General study reveals gene expression patterns in pancreatic CTCs 2Massachusetts General study reveals gene expression patterns in pancreatic CTCs 3
... 18 Caliper Life,Sciences, Inc. (Nasdaq: CALP ... Global Life Sciences Conference in New York City, ... 3:30 p.m. EDT. Kevin Hrusovsky, President,and CEO of ... company,s business.,The audio-only webcast can be accessed at, ...
... Cellectar, Inc., a,privately-held radiopharmaceuticals company that designs and ... today announced the,appointment of Charles C. Harwood, Jr., ... 55, is a Healthcare Industry Advisor for Avista ... working with Avista,Mr. Harwood was President and Chief ...
... 18 CJPS Enterprises, LLC, the,operator of the ... schedule available to Michigan companies interested in learning,about ... healthcare,industry. CJPS Enterprises, LLC (http://www.CJPS-Enterprises.com ) was ... (MEDC) as,part of the Life Sciences Pipeline initiative, ...
Cached Biology Technology:Charles C. Harwood, Jr., Joins Cellectar, Inc.'s Board of Directors 2The Michigan Life Sciences Pipeline Announces New Best Practices Seminars Tailored to Michigan Businesses 2
... For our novel expression vectors, we in-troduced ... dual controls: (i) at tran-scriptional level at the ... replication level by amplifying the plasmid copy number, ... is that it retains practically all of the ...
... is a new product number, created to ... no availability yet, please order under the ... service for assistance. Feature: tissue-culture ... area 21 cm 2 D ...
... allows you to store and manage very ... a secure central relational database. Storing and ... invaluable resource for clone tracking and enables ... immediate analysis. LabShare software integrates seamlessly with ...
... is the ultimate tool for investigating dynamic ... applications previously have been limited at wavelengths ... do not transmit in the deep UV. ... spectroscopy, introduces a filter-based confocal system (the ...
Biology Products: