Tag: rice cultivation costs
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Fertiliser price spike triggered by Hormuz disruption raises concerns over rice output across Asia
Urea prices touch multi-year highs, rice cultivation costs soar Rising input costs may reduce fertiliser usage, impact rice yields Escalating tensions in the Middle East are beginning to ripple through global agricultural markets, with disruptions around the Strait of Hormuz pushing fertiliser prices sharply higher and threatening rice production across Asia. The surge in urea…