In March, the domestic compound fertilizer market showed a steady downward adjustment, and then stabilized, showing signs of narrow-range correction near the end of the month.
| PVA 1799 (PVA BF17) |
At the beginning of this month, the spring farming market started gradually, and Huazhong started earlier, with distributors’pre-stocking, the actual replenishment mood was not high. In contrast, only Northeast China could get enough goods, and high phosphorus fertilizer was the main source. However, due to the persistent unsatisfactory price of crops in recent years, farmers’ enthusiasm for planting land was not high, and they purchased more on demand, which limited the market support. Near the middle and early days, the central China market was approaching to prepare fertilizer. At the end, in order to seize the summer fertilizer market, enterprises began to hold a distributor order meeting. During the meeting, they introduced preferential policies such as explosives or guaranteed prices, interest-bearing, etc. to stimulate distributors to prepare fertilizer in advance. It is known that the quotations of individual manufacturers have been adjusted by about 50 yuan compared with the beginning of the month, and inquiries in the market have increased slightly. Then some enterprises follow suit in time. Stimulated by preferential policies, enterprises have received some orders. Later, most manufacturers considered the profit of downstream distributors, together with the rebound of raw material urea prices, supported the stable operation of compound fertilizer enterprises, and the stable situation lasted until the late ten days; after the “Jiangsu Xiangshui” incident on 21 January, urea prices increased sharply. By the end of the middle and late ten months, urea prices in the main producing areas increased by about 100-150 yuan, and coincided with compound fertilizer. The manufacturer focuses on the production and bidding of high nitrogen fertilizer. In order to seize the market in the early ten days, the enterprise held an order meeting and took orders at low prices during the meeting. With the rising price of nitrogen fertilizer, especially urea, the market of high nitrogen fertilizer was supported. Near the end of the month, the enterprise cancelled the preferential policy and even some compound fertilizer manufacturer had the intention to raise the price. Henan and Shandong took the lead in raising the price of high nitrogen fertilizer by 3%. About 0 yuan, the inquiries are normal, but the actual transactions are sporadic. The main business mainly receives pre-orders. The rest of the enterprises wait for the rise of raw material urea and plan to price again in early April. So far, 45% CL (3*15) is out of the factory from 2020 to 2070 yuan/ton, and 40 (30-5-5) (28-6-6) of high nitrogen fertilizer is out of the factory from 1950 to 2 in the main production area of central China, near 2300-2350 yuan/ton, and 45% CL (3*15) is out of the factory from 2020 to 2070 yuan/ton. 050 yuan per ton. At present, the compound fertilizer market is still uncertain. Enterprises pay more attention to the trend of urea price. If the price of urea continues to rise, under this support, or near the beginning of April, the price of high nitrogen compound fertilizer may also rise. Specifically, we still need to pay attention to the price trend of raw materials.
| PVA 1788 (PVA BP17) |