Coronavirus hampers fertilizer production

One Chinese province is 60 per cent idle at the moment

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Coronavirus is having an impact on companies making fertilizer and other ag inputs.

Samuel Taylor, vice-president of farm input analysis at Robobank, is quoted in a recent article as saying production of many macronutrients and active ingredients for ag inputs is heavily linked to China.

For example, Hubei province accounts for about 14.7 million metric tons of finished phosphate production and has about 60 per cent of its plants out of production currently. The other 40 per cent are running in various states of capacity.

Those impacts will be felt in phosphate markets through March, Samuel says.

“The longer this goes on, the more you’re likely to see some price increases from in the ag chem sphere,” Samuel says.

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