Fertilizer prices today, April 28th: ​​Urea 675,000 VND/bag

Fertilizer prices today, April 28, 2026Prices ranged from 305,000 to 1,245,000 VND per bag, with urea reaching 675,000 VND per bag and Russian DAP reaching 1,245,000 VND per bag. Fertilizer prices have risen again after many years due to disruptions in global supply.

Developments offertilizer pricesThis indicates the market is entering a new bull cycle, as input costs and geopolitical risks simultaneously put pressure on supply.

Fertilizer prices increased today across many categories.

Fertilizer pricesDomestically, prices remain high across many product lines. Korean DAP is currently priced at 1.095 million VND/bag, fluctuating between 1.070 and 1.120 million VND/bag. Russian DAP is higher, reaching 1.245 million VND/bag, with a range of 1.220 to 1.270 million VND/bag.

Urea fertilizer from Ca Mau is trading at 675,000 VND/bag, fluctuating between 660,000 and 690,000 VND/bag. This is a high price compared to the beginning of the year, reflecting the strong upward trend of nitrogen fertilizers.

NPK and potassium prices remain at average levels.

Fertilizer pricesCommon NPK fertilizers range from 715,000 to 960,000 VND per bag. Ca Mau NPK 16-16-8 reaches 725,000 VND per bag, Dau Trau NPK is higher at 800,000 VND per bag, while Binh Dien NPK 20-20-15 reaches 960,000 VND per bag.

Potassium fertilizer prices were lower, with Ca Mau powdered potassium around 560,000 VND/bag and Phu My potassium around 545,000 VND/bag.

Phosphate fertilizers continue to be the lowest-priced group, with Lam Thao Phosphate at around 305,000 VND/bag and Van Dien Phosphate at around 315,000 VND/bag.

Reasons for the sharp increase in fertilizer prices.

Fertilizer prices todayThe increase is mainly due to supply disruptions from the Middle East. This region is a major fertilizer production and export hub, with many shipping routes passing through the Strait of Hormuz.

Disruptions to transportation and production have led to a sharp drop in global urea supply. A major plant in Qatar has temporarily ceased operations, significantly reducing nitrogen fertilizer production.

Input materials such as sulfur and ammonia are also limited, driving up production costs.fertilizer pricesincreasing rapidly.

The global market directly impacts domestic prices.

The global market has seen approximately 2 million tons of urea lost from supply, equivalent to 3% of maritime trade. In addition, nearly 1 million tons of cargo are stranded in the Gulf region.

Some countries, such as India, have had to buy urea at nearly double the price they paid two months ago to ensure supply.

Farmers are under pressure from rising costs.

Fertilizer pricesThis increase occurred amidst falling prices of agricultural products such as wheat and soybeans, causing farmers to struggle with costs. Their ability to balance their finances has significantly deteriorated compared to 2022.

Many farmers are considering reducing their fertilizer use or switching to cheaper, albeit less effective, options.

Fertilizer price trends in the coming period

Fertilizer pricesPrices are expected to remain volatile in the short term due to unstable supply. If transportation disruptions persist, prices could remain high.

In the long term, reducing fertilizer use could impact crop yields and global food supplies.