Grain/Fertilizer Price Ratio in May ~ June Kept Up
By CnAgri2013-07-23 11:18:26 Print Grain/fertilizer price ratio went up in May ~ June, compared with both March ~ April and the same period of last year, a result of fertilizer price decline in the first half of this year.Calculated at fertilizer nutrient price, wheat/urea, wheat/DAP and wheat/NPK price ratios were 0.54, 0.44 and 0.41 respectively and corn/urea, corn/DAP and corn/NPK price ratios were 0.53, 0.43 and 0.39 respectively in May ~ June.
From “China Fertilizer Market Weekly Report”
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