Hormuz reopening may not ease fertiliser woes anytime soon, say industry executives
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Fertiliser prices may remain high for another three to four months despite a US-Iran peace deal and the Strait of Hormuz reopening.
Fertiliser prices may remain high for another three to four months despite a US-Iran peace deal and the Strait of Hormuz reopening. Industry insiders cite the time needed to restart plants and stabilize raw material supplies, particularly sulphur, which faces ongoing shortages. Lingering shipping disruptions and logistical hurdles will also delay a full return to normal.
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