The opening of Vietnamese-invested DAP plants, as analysts said, was a bit too late compared with DAP plants in the world, including China, established tens of years ago. Many Vietnamese invested DAP plants took losses as Chinese DAP fertilizer, with competitive prices, was imported into Vietnam en masse. Many Vietnamese invested DAP plants took losses as Chinese DAP fertilizer, with competitive prices, was imported into Vietnam en masse. In fact, the protection of domestic DAP plants aims at other purposes. If no Vietnamese fertilizer plants can exist, Chinese fertilizer may come back and corner the domestic market.


Source:   VietNamNet News
February 18, 2018 06:45 UTC