Philippines plans to buy 150,000 tonnes of fertiliser from China at $470/T; big steps to boost its harvest


MANILA, Nov 7 (Reuters): The Philippines said on Monday it plans to buy 150,000 tonnes of fertiliser this year from China at US$470 per tonne through a government-to-government arrangement.

The Philippine Trade and Investment Center said in a statement it is working with the department of agriculture to draft a memorandum of agreement for the import plan.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Philippines , Fertiliser , Import , China , Boost Harvest

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