Drop in the fertilizer purchasing power index
The Fertilizer Purchasing Power Index (IPCF) for September, prepared by manufacturer Mosaic, ended the month at 1.05. This represents a drop of 5% compared to August, when the index was at 1.11. This scenario is considered favorable for the purchase of fertilizers. The lower the indicator, the better the relationship […]
Palm Oil Prices Rise: Ringgit Appreciates
Palm oil prices have seen significant increases in recent months, with the main factor being the appreciation of the Malaysian ringgit against the US dollar. According to Ignacio Espinola, senior grains analyst at Hedgepoint Global Markets, Asian currencies have started to gain strength after a period of depreciation. This movement is a result of the […]
