Prices of commonly used fertilizers continue to rise

Published by rudy Date posted on November 25, 2019

By: Karl R. Ocampo, Philippine Daily Inquirer, 25 Nov 2019

MANILA, Philippines–Prices of widely used fertilizers continued to go up in October amid record-low prices for crops especially palay.

Data from the Philippine Statistics Authority (PSA) showed that this is the 20th consecutive month that urea, complete, ammosul and ammophos registered higher prices from year-ago levels.

The last time that fertilizers recorded decline on an annual basis was in March 2018.

On average, urea posted the highest increase at P1,129 a sack, up 5 percent from last year. PSA said prices of urea in all regions went up except in Ilocos and Soccskargen.

Meanwhile, a sack of complete fertilizer – a mix of three plant nutrients (nitrogen, phosphoric acid and potash – was sold at an average of P1,146, up 2.3 percent from year-ago level. Except in Zamboanga, all regions recorded higher quotations from last year.

Prices of ammosul (ammonium sulfate fertilizer) and ammophos (a highly concentrated fertilizer composed of nitrogen and phosphor), rose by 2.1 percent and 4.2 percent, respectively, to P628.32 and P1,000 a sack.

Relative to the same month in the previous year, all regions exhibited price increases for ammosul except Calabarzon and BARMM. Prices of ammophos also rose in all regions except Soccskargen.

Notable increases in fertilizer prices were recorded in the regions of Cordillera, Bicol, Eastern Visayas and Northern Mindanao, with rates going up by as much as 10.7 percent.

Some provinces registered slight decreases in fertilizer prices which ranged between 0.1 percent and 2.8 percent.

The consistent increase in production costs have been bleeding farmers dry with prices of palay dipping to record-low rates.

As such, farmers are often forced to use less implements on their crops which results in lower yields.

Federation of Free Farmers Raul Montemayor earlier said in an interview with Inquirer that if this trend continues, local planters may finally decide to sell their lands for quick profit.

September 18 –
International Equal Pay Day

“Increase wages now,
more than other cost items.
For widespread, practical equality!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

October –

   

Monthly Observances:

Industry and Commerce Safety Month 

National Statistics Month 

Local Government Month 

Consumer Welfare Month 

Cooperative Month

National Quality and Productivity Improvement Month 

National Health and Wellness Tourism Month
National Indigenous Peoples Month

 

Weekly Observances:

Week 1: Elderly Filipino Week 

Week 2: National Health Education Week 

Local Government Week 

National Mental Health Week 

October 17-23:

National Week for Overcoming Extreme Poverty 

October 18 – 24:

United Nations Week 

Last Week:

Nurses’ Week 

Consumers’ Protection Week 

Week of the 4th Sunday:

Barrio Farmers’ Week

 

Daily Observances:

First Monday (Oct 4): Universal Children’s Day i
n the Philippines 

Oct 5: National Teachers’ Day 

Oct 10: Local Government Day 

Third Thursday (Oct 14): Conflict Resolution Day 

Oct 21: Tenants’ Emancipation day 

Oct 24: United Nations Day 

Oct 29: National Indigenous People’s Thanksgiving Day

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.