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Fertilizer producers in Vietnam grapple with falling prices

HANOI, March 10 (Xinhua) — Fertilizer prices in Vietnam are falling as cost of natural gas and farmers’ demand decrease, local media reported on Friday.

The decline in prices is considered a boon for farmers who are able to reap the benefits, however, it leaves production enterprises grappling with challenges, the local newspaper Vietnam News reported.

The market has continued to witness a sharp drop in