MYANMAR Fertilizer, Seed and Pesticide Entrepreneurs Association (MFSPEA) announced that fertilizer reference prices for November and December stayed the same as rates of the previous month.
The reference prices in October were K97,000 per 50-kilogramme bag of Urea fertilizer (large granular), K124,000 per 50-kilogramme bag of Rock Phosphate and K137,000 per 50-kilogramme bag of Di Ammonium Phosphate. Yet, the MFSPEA has not confirmed the reference price for Complex fertilizer.
The prices may vary a bit depending on transportation charges in other regions and states as the prices mentioned above prices are set for Yangon Region, MFSPEA stated.
Additionally, reference prices will be further announced as per rules and regulations. For overcharging, consumers can complain to the committee through the contact numbers 067 410032 and 09 883353358.
At present, the Fertilizer Committee holds a quarterly meeting to ensure quality fertilizer for growers without facing shortages. Under the approval of the Fertilizer Technology Group, 11,573 fertilizer registrations have been granted after the 41st meeting of the Fertilizer Committee. With individuals’ consent, 1,957 registrations were voluntarily cancelled. The department revoked 2,793 registrations for expiration of validity, and 6,823 registrations are still being processed. — NN/KK
