Chemicals and fertilizers exports up 36% y-o-y in 1H2017

Exports of chemicals and fertilizers increased 36% y-o-y to USD 2.07 bn in 1H2017, the Chemicals and Fertilizers Export Council announced, according to Al Shorouk. Exports of plastic and rubber products led the way with USD 662.9 mn, up 18% y-o-y in 1H2017. Fertilizers were the second best performer, with their exports increasing 71% y-o-y to USD 501.99 mn. This comes as the Farmers Syndicate is calling for banning fertilizers exports, saying there is a sharp shortage in subsidized fertilizers. Only 50% of the mandated ration has been disbursed to farmers, they claim.