Fertilizer Assoc Hits Govt on Volatility, Urges Calm for Farmers

Matichon•Economy•7h ago

Reader Briefing

Thailand's Fertilizer Association calls for urgent government action to manage global price fluctuations and advises farmers against panic buying.

•The Thai Fertilizer and Agricultural Business Association is concerned about global fertilizer market volatility, particularly for urea.
•Increased global demand and supply chain disruptions in the Middle East are driving up fertilizer prices.
•The association urges the government to implement systematic management and timely procurement strategies.
•Farmers are advised to remain calm, monitor the situation, and use fertilizer efficiently to reduce costs.

Overview

•The global fertilizer market is experiencing significant volatility, primarily due to geopolitical tensions in the Middle East affecting urea production and shipping routes.
•The situation in the Middle East is impacting fertilizer supply, pricing, delivery times, and transportation, contributing to a global fertilizer crisis.
•The Thai Fertilizer and Agricultural Business Association president stated that the government should urgently establish systematic management guidelines for procurement and resource allocation.
•The need for timely decisions is critical to prevent increased costs and resource uncertainty, as delays could exacerbate the situation.
•The association also emphasized the importance of farmers staying informed and responding prudently, advising against unnecessary stockpiling of fertilizer.
•The government is recommended to consider restructuring agricultural production by promoting efficient fertilizer use tailored to specific crops, soil, and weather conditions.
•Efficient and appropriate fertilizer usage is highlighted as a long-term strategy to reduce costs and boost the competitiveness of the Thai agricultural sector.
•The government's ongoing monitoring of fertilizer stocks at factory, importer, and retail levels is seen as a suitable measure to track supply and prevent hoarding.

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Source: Matichon (Original)

Key Quotes

กองเอก เปล่งศักดิ์ ประกาศเภสัช

"The government should urgently establish systematic management guidelines, especially for timely procurement and resource management decisions."

ภาครัฐควรเร่งกำหนดแนวทางบริหารจัดการอย่างเป็นระบบ โดยเฉพาะการตัดสินใจด้านการจัดหาสินค้าและการบริหารทรัพยากรให้ทันต่อสถานการณ์

กองเอก เปล่งศักดิ์ ประกาศเภสัช

"Farmers should closely monitor the situation and respond calmly, not rushing to buy more fertilizer than necessary."

ขอให้เกษตรกร ติดตามสถานการณ์อย่างใกล้ชิดและตั้งรับอย่างมีสติ ไม่เร่งซื้อปุ๋ยเก็บไว้เกินความจำเป็น

กองเอก เปล่งศักดิ์ ประกาศเภสัช

" 'Using fertilizer wisely' will help reduce costs and enhance the competitiveness of Thailand's agriculture sector long-term."

การ “ใช้ปุ๋ยให้เป็น” จะช่วยลดต้นทุนและเพิ่มศักยภาพการแข่งขันของภาคเกษตรไทยในระยะยาว

Key Entities

Organization

Thai Fertilizer and Agricultural Business Association(สมาคมการค้าปุ๋ยและธุรกิจเกษตรไทย)

An organization in Thailand advocating for the fertilizer and agricultural business sector.

Person

Maj Gen. Pleangsak Prakardphet(นายกองเอก เปล่งศักดิ์ ประกาศเภสัช)

President of the Thai Fertilizer and Agricultural Business Association, who is providing analysis and recommendations on the global fertilizer market.