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UN pushes for global fertilizer price cut to avoid 'future crisis'

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Fertiliser makers in Europe have been hit hardest because of the region's reliance on Russian gas.. Stock image

Fertiliser makers in Europe have been hit hardest because of the region's reliance on Russian gas.. Stock image

Fertiliser makers in Europe have been hit hardest because of the region's reliance on Russian gas.. Stock image

The United Nations is pushing to cut the price of fertilizers to avoid a "future crisis" of availability, said a senior U.N. trade official who is involved in talks aimed at boosting the export of Russian fertilizers, including ammonia.

Russia's war in Ukraine has fueled a global food crisis and soaring fertilizer prices, according to the United Nations. Russia and Ukraine are key global exporters of grain, while Russia is also one of the largest exporters of fertilizers.


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