Markets
EUR/USD1.1751 0.10%GBP/USD1.3599 0.14%USD/JPY156.31 0.06%USD/CHF0.7792 0.01%AUD/USD0.7237 0.09%USD/CAD1.3620 0.13%USD/CNY6.8248 0.20%USD/INR94.67 0.05%USD/BRL4.9171 0.16%USD/ZAR16.40 0.05%USD/TRY45.26 0.07%Gold$4,712.40BTC$80,208 1.42%ETH$2,300 1.98%SOL$88.79 0.17%
SE Asia

It's not just oil: Iran war also threatens Asia's food security

The Strait of Hormuz closure and Chinese restrictions have disrupted Asia's fertilizer supplies. As planting season begins, fertilizer shortages threaten agricultural production across Asia, risking higher food prices and rural income losses.

BBC Asia82 h ago
Asia agriculture and fertilizer shortage
Photo: Muhammad Yunus / Pexels

The Middle East conflict is hitting Asia's agricultural sector during planting season. Strait of Hormuz closure and Chinese fertilizer export restrictions have significantly reduced fertilizer supplies across Asia. Countries dependent on imported phosphorus and potassium risk yield losses. Fertilizer shortages could reduce grain and vegetable production. Densely populated agricultural nations like India, Bangladesh, and Vietnam face food security risks. Lower fertilizer use by farmers will lead to yield loss and consumer food price increases. The Asian Development Bank and international institutions have warned of potential food crisis across Asia. Rising fertilizer prices will increase farmer labor costs and ultimately consumer food prices. Regional governments must act to utilize strategic fertilizer reserves and establish emergency supply lines.

Source: BBC Asia

More from SE Asia