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Monday July 26th, 2021
Agriculture

Sri Lanka asks fertilizer traders to release stocks as import ban triggers shortages

ECONOMYNEXT – Sri Lanka has asked traders with stocks of chemical fertilizer to release them to the market after ban on imports to save 400 million US dollar a year and produce chemical free foods, triggered shortages in farming areas.

“After the government banned the use of chemical fertilizer and agro-chemicals to create green economy, there are reports that traders are hoarding stocks already imported,” the information office said.

“This is with the hope of selling them later at a higher price.

“But permission will be given to import fertilizer in 2021. So there is no point in hoarding fertilizer.

“Therefore the government asks fertilizer traders to release stocks to the market.”

Sri Lanka’s farming communities have complained of shortages of fertilizer for the current season following the sudden fertilizer ban.

Farmers who have already sowed crops such as maize are complaining that corns are very small with no fertilizer available to be applied at the correct time.

The government has said that farmers should do soil tests to before applying fertilizer to the required fields in the correct amount.

Sri Lanka has been subsidizing chemical fertilizer from around 2005, discouraging such practices and also the use of organic fertilizer, where possible.

Experts however have warned that the correct use organic fertilizer use is an even more complex task than the application of chemical fertilizer and it may not be possible to use them for all crops. (Colombo/June04/2021)

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