Middle East shipping disruptions could ignite fertilizer prices – Voice Of Muscatine


Middle East shipping disruptions could ignite fertilizer prices

A combustible situation in the Middle East could ignite fertilizer prices.

StoneX vice president of fertilizer Josh Linville says following a missile attack on a British container vessel transporting fertilizer in the waters of the Red Sea, ships are being rerouted.

“Those vessels are deciding to go south around Africa, that’s adding more shipping time, adding more cost.”

He tells Brownfield there are also growing tensions in the Persian Gulf.

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