Qingdao, China: In July xxxx, the Water Soluble Fertilizers (WSF) market witnessed a significant price increase in North America and China, driven by heightened demand from agrochemical enterprises and adverse weather conditions. These weather challenges disrupted supply chains, creating an imbalance between supply and demand. Consequently, the market experienced bullish sentiments as the supply struggled to meet the rising demand, leading to a notable uptrend in Water Soluble Fertilizers prices.
In July xxxx, the Water Soluble Fertilizers market in China experienced a modest increase of x.xxx, reaching USD xxx/MT (FOB-Qingdao). This price rise of Water Soluble Fertilizers was primarily driven by heightened demand from downstream agrochemical enterprises, spurred by the plantation season and the mid-crop season for various crops. However, the market faced significant challenges due to Typhoon Gaemi, which caused severe disruptions. The typhoon led to evacuations, deadly mudslides, and flooding across the Philippines, Taiwan, and...
