The British government warns: be prepared for a 400% increase in carbon dioxide prices

Sinochem News.

Carbon dioxide is widely used in the food industry

Reuters reported that carbon dioxide used by the British food industry mainly comes from the fertilizer industry, and carbon dioxide is a by-product of the fertilizer industry

The US Consumer News and Business Channel reported earlier this month that there is a severe shortage of natural gas in Europe, and its natural gas supply is at the lowest level in the same period in previous years

With the reduction of carbon dioxide inventories, the United Kingdom and the US CF Industries reached a rescue agreement in order to restart the production of the latter's two factories

British Minister of Environment, Food and Rural Affairs George Eustis told Sky News reporter: "We need market regulation

Eustis said that the price of carbon dioxide may rise from 200 pounds per ton (about 1,763 yuan) to about 1,000 pounds (8817 yuan) per ton

The rescue agreement between the UK and CF Industries will last for 3 weeks

　　Although this agreement gave people in the industry a sigh of relief, Richard Walker, managing director of the British "Iceland" supermarket, said: "A three-week agreement will not save Christmas (food shelves), and of course it will not solve the long-term problem.

　　Rising carbon dioxide prices are one of the latest problems facing the British food industry