MANILA Prior to the centralized bidding of fertilizers, government data showed that the average price of urea in the country’s 14 regions was higher than PHP1,000 per 50-kilogram (kg) bag.
MANILA – Prior to the centralized bidding of fertilizers, government data showed that the average price of urea in the country’s 14 regions was higher than PHP1,000 per 50-kilogram (kg) bag.
Based on data released by the Fertilizer and Pesticide Authority (FPA), the national average price of urea fertilizer from January to June 2020 were as follows: PHP1,080.85 (January), PHP1,066.43 (February), PHP1,058.62 (March), PHP1,046.80 (April), PHP1,028.33 (May), and PHP1,029.98 (June).
From February to April 2020, the months immediately preceding the centralized bidding, the national average price of urea fertilizer was PHP1,051 per bag.
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