Poland can’t allow fertilizer prices to climb above PLN 4,000 per ton - agriculture minister

Poland wants to cap fertilizer prices at PLN 4,000 per ton and hopes to present details of the plan this week, Agriculture Minister Henryk Kowalczyk told a public TV broadcast.

 "We cannot allow for fertilizer prices to exceed PLN 4k, this is the absolute upper limit," Kowalczyk said, adding that he and State Assets Minister Jacek Sasin "are wrapping up works" on solutions.

Kowalczyk called the fertilizer market "very unstable". "Fertilizers, especially nitrogen fertilizers, are directly dependent on gas prices. And gas prices have increased tenfold from the previous year. Hence, the increase in fertilizer prices is multiple," he said.

Last week, Prime Minister Mateusz Morawiecki said Poland is determined to offer solutions for the fertilizer market for next year and expects appropriate proposals to be presented within days.

(bankier.pl)