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In 1972–1973, Philippines was beset by rice production shortfalls resulting from the series of typhoons and floods and fertilizer shortages spawned by the oil crisis.The resulting fourfold drop in rice production prompted the government to directly intervene in the operations of the fertilizer industry through the issuance of Presidential Decree (P.D.)
Philippine Phosphate Fertilizer Corporation (PhilPhos) is a fertilizer company based in Makati, Metro Manila [1] which is partly-owned by the government of Nauru. Its headquarters is located at the Pacific Star Building [ 1 ] which was also built by the Nauru government.
Starting in 2007, the prices of fertilizers of all kinds increased dramatically, peaking around the summer of 2008 (see graphs by the International Fertilizer Industry Association). Prices approximately tripled for ammonia, urea, diammonium phosphate, muriate of potash (KCl -potasium chloride), and sulfuric acid (used for making phosphate ...
The Philippines is the world's third largest producer of pineapples, producing more than 2.4 million of tonnes in 2015. [50] The Philippines was in the top three banana producing countries in 2010, including India and China. [51] Davao and Mindanao contribute heavily to the total national banana crop. [51]
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Oct. 6—Due to increasing natural gas prices, nitrogen fertilizer prices are relatively high compared to recent years and are expected to remain high and possibly increase through next spring ...
The department is currently led by the secretary of agriculture, nominated by the president of the Philippines and confirmed by the Commission on Appointments. The secretary is a member of the Cabinet. The current secretary is Francisco Tiu Laurel Jr., who assumed office on November 3, 2023.
Global rice prices surged to 15-year highs after India, which accounts for more than 40% of global trade, ordered a halt in July to its largest category of exports, in a bid to calm domestic prices.