High Exchange Will Affect Fertiliser Prices

Manawatu Times, Volume LVI, Issue 7067, 28 January 1933, Page 6

High Exchange Will Affect Fertiliser Prices

IMPORTED ARTICLE WILL BE DEARER

“All imported fertilisers will naturally increase in price. Sulphate of ammonia and all potash fertiliser will be automatically increased in prieo to the extent of the difference in tho oxchange/' stated a prominent merchant to a Times reporter yesterday, when discussing the rise in tho New ZealandLondon exchange rate.

Raw materials' for the manufacture of superphosphate in New Zealand — tho most largely used fertiliser in the Dominion—came from Nauru and Ocean Island, territory mandated to tho British Empire. Three commissioners were in control, ono appointed by the British Government, ono by the Australian Government, and the other by the New Zealand Government. An Auckland concern was the Dominion distributing agency. “‘The New Zealand-made superphosphate will not be increased, but mixtures, such as ammoniated super, will be increased because of the sulphate of ammonia in the mixture/’ he added. Another main line, basic slag, which was imported, would doubtless be increased in price in the near future, although merchant distributor's had so far not increased the selling rates for this particular line. Owing to the increased exchange the raw material would bo more costly to land in New Zealand and the advance in price would naturally follow.