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Vietnamese media said the more intense competition in the fertilizer market

” Vietnam Economic Times” reported on March 11 , the Vietnamese Ministry of Agriculture and Rural Development , said in 2014 , the Vietnam National Fertilizer demand is about 11 million tons , an increase of 700,000 tons . Among them, the demand is about 2.2 million tons of urea , biological nitrogen (SA) 90 million tons of potash (kali) 96 million tons of diammonium phosphate (DAP) 90 million tons of compound fertilizer (NPK) 400 million tons, 1.8 million tons of phosphate fertilizer .
Reported that Vietnam’s fertilizer production enterprises currently have 500 , the total output of about 800 million tons, 80 percent of the country to meet the demand . Among them, urea, compound fertilizer (NPK) fertilizer production and basically meet the domestic demand. Urea production in 2014 is expected to exceed demand for 400,000 tons . Continue reading