Nong Ng Hiep (Viet Nam) published an article that said the world fertilizer market, which has faced many challenges during the past 18 months, continues to suffer from new pressures from the Russia-Ukraine conflict. The extent of the congestion crisis stemming from the Russia-Ukraine conflict is still an unpredictable unknown. Major exporting countries such as the US, EU member states, and Australia are the major influential factors in the world market and are expected to be strongly affected by high input material prices. Senior research fellow Joseph Glauber added, “When input prices are high, producers, will have to raise prices for high output, and that's exactly what we're seeing as grain and oilseed prices are at record levels."
