Source: Zhongfei net

In May, the spring compound fertilizer market is basically over, with only partial sporadic replenishment demand and the final stage.BestfreetoearnnftgamesThe actual transaction price of compound fertilizer is mainly agreed, and the upstream manufacturers are actively promoting transaction and destocking. Summer compound fertilizer market is at a critical stage, whether it is compound fertilizer market, or downstream demand, the overall performance is more eye-catching than the previous stage. In fact, compared with the same period in previous years, this summer fertilizer purchase and sales progress is slightly slow, due to more negative factors, compound fertilizer market is not optimistic, downstream pre-stock mood is more cautious.

Accompanied by the peak season of buying and sellingBestfreetoearnnftgamesWith the arrival of the summer, the compound fertilizer market has warmed up somewhat. As of the pre-festival, according to China Fertilizer Network, the mainstream factory quotation for 40% chloro-based high nitrogen fertilizer (such as 28-6-6 hand 30-5-5) nationwide is 2030-2250 yuan / ton. Although the gap between high-nitrogen fertilizer and high-low prices is still slightly larger, rumors of low prices have begun to decrease recently, and high-end price fluctuations have slowed down, and even some voices say that there is an opportunity for compound fertilizer prices to rise, combined with today's raw materials and the relationship between supply and demand. Compound fertilizer price support is not sufficient, however, prices will not fall down in the short term, and it is more likely to move steadily and slightly.

First of all, the changes in the raw material market have narrowed. The main reason for the stabilization of the compound fertilizer market is that the fluctuation of the raw material cost is relatively limited, in which the urea price rises and falls, and when the downstream rigid demand appears, the urea market tends to remain relatively strong, on the contrary, it may be slightly depressed, but the recent fluctuation range is still expected; ammonium chloride plants are cautious in price adjustment, some quotations are slightly raised, and other enterprises plan to introduce new prices in May. The market of monoammonium has not changed much, the price shows a weak and stable trend, and the actual new order transaction is general; the price of potassium chloride is high and firm, and it is difficult for the market to rise or fall in the future. Therefore, the narrow rise and fall of raw material prices has little impact on the production cost of compound fertilizer.

Second, the downstream demand is centrally released. Since mid-April, the demand for summer fertilizer in the terminal market has gradually begun to increase, especially the demand for high-nitrogen corn fertilizer. The purchasing and selling atmosphere in North and East China has obviously warmed up. The first reason is that the market of compound fertilizer is better than expected, at least the price does not continue to fall, and see that the mood is more and more stable, and the willingness to make payment and pick up goods downstream is stronger. The second reason is that the season is approaching, the terminal wholesale and retail links have been started, and the number of orders has increased. Due to the slow pick-up activities of dealers in the early stage, the activities of ordering goods are relatively concentrated, while the actual replenishment space is still unclear. It remains to be seen how big the support for the future market will be.

Finally, upstream factory shipments accelerated. There is a short gap in demand in spring and summer, and the summer fertilizer market has always been deadlocked, and it was not until recently that there was a peak season buying and selling atmosphere. however, the pick-up period of downstream dealers was delayed, which made the factory backlog a lot of early orders. for a time, delivery is not only suddenly accelerated, but also the local supply is slightly tight, coupled with the terminal market sales price gradually surfacing, now compound fertilizer factories generally intend to stable price delivery. In addition, if the factory quotation is easily adjusted, it may affect the follow-up of new orders. Therefore, some compound fertilizer enterprises said that they would make a decision after the May Day holiday.

To sum up, there is no possibility of a big rise or fall in the price of compound fertilizer for the time being, and the trend tends to be more stable in the short term, and it needs to be judged according to the raw material market and supply and demand in the long run. If you want to know more about the analysis and market data of this website, you can call the enquiry hotline 0451-88001128. For more information about the fertilizer market, please continue to follow the official website of China Fertilizer website (wwwBestfreetoearnnftgames.fertBestfreetoearnnftgames.cn), Mobile APP (www.fert.cn/app), Wechat Public platform (fert-cn) to communicate with analysts one-on-one, the wonderful content should not be missed! (Feng Hongyang, author of Zhongfei net / review of manuscripts by che Yanhong)

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