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Will fertilizer markets succumb to a global recession?

机译:肥料市场是否会屈服于全球经济衰退?

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摘要

The Covid-19 pandemic is wreaking havoc in most countries with a global recession now appearing increasing likely. The pandemic will likely have limited impact on the spring season in the Northern Hemisphere as farm margins and credit availability are at relatively healthy levels. However, beyond this spring season, Covid-19 and any resulting economic repercussions pose a threat to fertilizer markets through agricultural commodity price declines, currency devaluations and declining feedstock prices.
机译:Covid-19大流行是在大多数国家的墓地造成严重破坏,现在出现了可能的衰退。 大流行可能对北半球春季的影响有限,因为农场利润率和信用可用性处于相对健康的水平。 然而,除了这个春季之外,Covid-19和任何由此产生的经济影响通过农产品价格下跌,货币贬值和原料价格下跌对肥料市场构成威胁。

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