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Fertiliser-price woes

Thai Central Chemical, the country's leading chemical fertiliser-maker, expects a drop in second-quarter earnings as a big jump in fertiliser prices could affect sales.

Published on April 22, 2008

Nalin Viboonchart

The Nation

Executive vice president Phaiboon Ratanapornchai said prices will rise sharply because of higher costs for raw materials and imported fertilisers.

"Farmers will stop purchasing fertilisers and wait for the government to assist them," he said. Sales have fallen since March.

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