Live Breaking News & Updates on Hich Will Retail For Php2

Department of Agriculture's Fertilizer and Pesticide chief Wilfredo Roldan (Screengrab) MANILA - In an attempt to meet the fertilizer requirement for the first planting season this year, the Department of Agriculture's Fertilizer and Pesticide Authority (DA-FPA) is negotiating with China to lower prices. The country needs 600,000 metric tons (MT) of fertilizer for the first planting season, according to FPA chief Wilfredo Roldan during a virtual briefer on Tuesday. The DA inventory currently holds 200 MT. "It is a real fact that the Philippines is a net importer of fertilizer, even if we have the PhilPhos (Philippine Phosphate Fertilizer Corporation) and Atlas (Fertilizer Corporation), but they are importing their raw materials," he said. To date, the price of the commonly imported fertilizer urea is USD900 per ton, which will retail for PHP2,400 to PHP3,000 per bag. In February and March 2021, it only cost about USD300. The price increase is caused by high demand in ....

United States , Wilfredo Roldan , William Dar , Philphos Philippine Phosphate Fertilizer Corporation , Atlas Fertilizer Corporation , Department Of Agriculture Fertilizer , Pesticide Authority , Philippine Phosphate Fertilizer Corporation , Fertilizer Corporation , Department Of Agriculture 39s Fertilizer And Pesticide Chief Wilfredo Roldan Screengrab Manila In An Attempt To Meet The Requirement For First Planting Season This Year , He Department Of Agriculture 39s Fertilizer And Pesticide Authority Da Fpa Is Negotiating With China To Lower Prices The Country Needs 600 , 000 Metric Tons Mt Of Fertilizer For The First Planting Season , Ccording To Fpa Chief Wilfredo Roldan Duringa Virtual Briefer On Tuesday The Da Inventory Currently Holds 200 Mt Quot It Isa Real Fact That Philippines Net Importer Of Fertilizer , Ven If We Have The Philphos Philippine Phosphate Fertilizer Corporation And Atlas , Ut They Are Importing Their Raw Materials , Uot He Said To Date , He Price Of The Commonly Imported Fertilizer Urea Is Usd900 Per Ton , Hich Will Retail For Php2 , 400 To Php3 , 000 Per Bag In February And March 2021 , T Only Cost About Usd300 The Price Increase Is Caused By High Demand In India , United States , Land Brazil , Hile Big Suppliers , Ike China And Russia , Re Withholding Their Exports To Ensure Domestic Requirements Are Met ,