Polish fertilizer giant suspends new orders for March as soaring energy costs trigger supply chain crisis
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Golden Ten Data reported on March 3 that Poland's Azoty Group stated in a declaration that the company will continue production, and this decision only applies to new orders for nitrogen fertilizers in March. The reason for this decision is the turbulent geopolitical situation in the Middle East. The Iran war has disrupted cargo flows from the Persian Gulf, driving up prices as farmers in the Northern Hemisphere prepare for spring planting and fertilization. Meanwhile, soaring natural gas costs will also affect crop nutrient producers in other regions, further pushing up costs.
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