-
A new round of trademark printing and Shanxi production restriction turmoil, supporting local price hikes! Urea price trend on October 7th
2023-10-08
During the holiday period, the domestic urea market mostly remained stagnant, with the mainstream market being mainly stable, with some maintaining a slight downward trend. In some areas, prices were slightly increased due to the impact of production restrictions, with a range of 20-40 yuan/ton. The prices of small and medium-sized particles in the mainstream region were referred to as 2320-2440 yuan/ton. The Shanxi production restriction scandal has supported the price of large particles, and a new round of labeling has added a wait-and-see atmosphere to the market. Most urea manufacturers have insufficient orders waiting to be issued, and the pressure to receive orders has increased. However, due to the expected mentality of new device production and the guarantee of market supply, downstream procurement enthusiasm is not high, and the main focus is on wait-and-see for the time being. In the short term, the market lacks strong positive news guidance, and it is expected that the domestic urea market will operate steadily with narrow fluctuations in the short term, waiting for the opening of futures on Monday.
Urea price trend on October 7th
The quotation of enterprises in Shandong region has been partially increased by 10 yuan/ton, while the quotation in Linyi and Heze regions has been partially reduced by 10 yuan/ton. The factory quotation for small and medium-sized particles is based on around 2380-2440 yuan/ton, the receiving price for small particles in Linyi region is based on around 2420-2430 yuan/ton, and the receiving price for small particles in Heze region is based on around 2400-2410 yuan/ton.
The quotation of enterprises in Hebei region has been partially reduced by 20-70 yuan/ton, and the factory price of small and medium-sized particles is around 2400-2410 yuan/ton.
The quotation of enterprises in Henan region is temporarily stab
-
Which countries are China's main fertilizer exports to in August?
2023-09-01
urea
UREA
In August 2023, China's urea export volume was 314000 tons, a decrease of 2.94% compared to the previous month. The average export price is 334.53 US dollars per ton, an increase of 4.05% month on month.
August urea export data by export city
picture
August urea export data by exporting country
picture
Ternary compound fertilizer
NPK
In August 2023, China's export volume of nitrogen, phosphorus, and potassium ternary fertilizers reached 103300 tons, an increase of 46.44% month on month, and the average export price was 366.47 US dollars per ton, a decrease of 17.29% month on month.
August composite fertilizer export data by exporting country
picture
ammonium sulfate
Ammonium Sulphate
In August 2023, 1.5481 million tons of ammonium sulfate were exported, with an export amount of 218.937 million US dollars and an average export price of 141.42 US dollars per ton. The quantity increased by 39.27% compared to last month and 20.4% year-on-year.
August ammonium sulfate export data by export city
picture
August ammonium sulfate export data by exporting country
picture
Monoammonium phosphate
MAP
In August 2023, China's export volume of monoammonium phosphate was 322362.23 tons, an increase of 61.52% month on month, and the average export price was 417.58 US dollars/ton, a decrease of -13.08% month on month.
August Monoammonium Phosphate Export Data
-
Vietnam's fertilizer imports reached a new high in nearly two years in August
2023-09-25
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years.
In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021.
The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%.
China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value.
As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year.
-
Essential English communication skills for foreign trade exhibitions
2023-09-12
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Nine gold and ten silver, the foreign trade exhibition season is here!
Foreign trade professionals must polish and practice their language skills before the exhibition begins. At the exhibition, the language is basically divided into communication on the basic process of foreign trade, and language on the company's advantages and product introduction.
In addition, we also need to understand some successful cases we have done, so that we can better guide customers when communicating with them. Today, we will share some practical English communication skills that are essential for exhibitions.
picture
Greeting/Greeting/Greeting
-
The international urea market is weak; Ammonium phosphate stabilizes first and then softens; China's import of potassium chloride from Laos has surged; Potassium sulfate is bullish
2023-09-05
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
urea
Due to sluggish demand and seasonal issues, urea prices in most regions have fallen this week, and the industry generally believes that prices may further decline.
The Iranian manufacturer cancelled the bid and did not accept the FOB310 USD/ton price. India's sales in August have been consistently high, an increase of 600000 tons compared to last year, indicating that bidding may take place in September.
China's urea production continues to grow, reaching a record high of 30.79 million tons in the first half of 2023. This year's production is expected to exceed 60 million tons, an increase of 3 million tons compared to 2022, and exports are expected to increase. China's domestic market is currently strong, and exports may remain high in the fourth quarter.
As
-
The urea price continues to fluctuate, and the industry association calls for "avoiding speculation following the trend"
2023-09-05
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
The abnormal fluctuations in urea market prices have attracted widespread attention. On September 3rd, the China Agricultural Materials Circulation Association issued a call, stating that the urea market has recently deviated from supply and demand fundamentals. Industry enterprises should operate rationally, prevent risks, consciously resist speculative behavior, avoid following the trend and hype, jointly maintain a good market environment, and promote healthy and sustainable development of the industry.
Or influenced by hot money speculation
Recently, there has been irrational speculation in the domestic urea futures market, which has had a negative impact on the smooth operation of the domestic fertilizer market. Since June, the domestic urea futures prices have risen rapidly, with the average settlement
-
Russia is considering establishing a fertilizer plant in Kazakhstan, with China accounting for 11% of the local market share
2023-09-05
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
On August 24th, the Minister of Agriculture of Kazakhstan visited Russian Ambassador to Kazakhstan Bashkin, hoping to strengthen agricultural cooperation with Russia and establish a fertilizer plant in Kazakhstan. If the project is implemented, Russia will shift from exporting fertilizers to producing fertilizers in Kazakhstan. According to data from the Kazakh National Bureau of Statistics, Russia is currently the largest fertilizer supplier in Kazakh, accounting for 43% of the market share, while China accounts for 11%.
picture
Establishing a fertilizer plant in Kazakhstan can effectively reduce the trade deficit, but such projects are difficult to promote. German company Ferrostaal invested 1.25 trillion Central African Francs (approximately 2.083 billion US dollars) to establish a fertilizer plant
-
August Miracle: Potassium Chloride Joins Hands with Ammonium Mononitrate to Increase 500 Urea Has Been sidelined
2023-09-05
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Compared to the end of July, the fertilizer prices at the end of August did not show much change in Wuwuchacha's urea. The high and low urea prices were the same, just like carving the spot into a K-line chart. You can call it horizontal consolidation and high volatility, but the four times a day is not very exciting; Diammonium and compound fertilizers have increased somewhat, and their attention has been quite high, but the increase is not significant for the time being (on the surface of Diammonium, it seems like this), so their momentum is relatively weak and they have been lost; Only potassium chloride and monoammonium have risen by about 500 yuan in this month, creating another miracle!
In the past few days of late August and early September, the market attention has been attracted by a few pieces of paper! These few
-
Major Measures to Ensure Supply and Stable Price of Fertilizer
2023-08-29
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
On August 25th, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Ecology and Environment, the Ministry of Commerce, the Ministry of Emergency Management, and the All China Federation of Supply and Marketing Cooperatives issued a notice on the "Work Plan for Stable Growth in the Petrochemical and Chemical Industry" (hereinafter referred to as the "Work Plan"). The Work Plan points out that the main goal of stable growth in the petrochemical and chemical industry from 2023 to 2024 is to maintain stable growth in the industry, with an average annual growth rate of industrial added value of about 5%. Among them, the fertilizer production (converted into pure amount) needs to be stable at around 55 million tons in 2024.
The work measures related to the fertilizer industry are summarized as follows:
-
Export expectations are improving, but domestic urea prices are easy to rise but difficult to fall?
2023-08-17
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Since the evening of July 25th, India has launched a new round of bidding for the import of non quantitative and small particle urea. The bidding will be opened on August 9th, and the quotation will be valid until August 18th, with the latest shipping date until September 26th. Let the low season market that urea should have experienced this year continue to maintain a relatively strong trend due to export demand.
Comparison of mainstream domestic urea factory price trends
picture
As of August 14th, the mainstream factory of Shandong Zhongli Granules is around 2500 yuan/ton. From the price trend chart, it can be seen that this year's urea trend is opposite to last year's trend, with the first half of the year in a fluctuating downward trend. However, since mid June, urea prices have started to bottom out and rebound, and until now, urea is still in a fluctuating upward trend. From June to July, it is more likely that domestic summer demand is lagging behind and procurement concentration is driving up urea prices. Subsequently, domestic demand was boosted by exports, and traders concentrated on sweeping and exporting to ports. The gradual recovery of port inventory led to a continuous reversal of the urea market, which was originally a low demand season, and the price center gradually shifted
-
Ma'aden will supply 600000 tons of fertilizer to Bangladesh
2023-08-17
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Saudi Arabian mining company Ma'aden has renewed an agreement with Bangladesh Agricultural Development Company to supply 600000 tons of fertilizer to BADC. This agreement was signed during the BADC delegation's visit to Ma'aden headquarters.
Ma'aden's supply of diammonium phosphate accounts for approximately 42% of Bangladesh's estimated demand. The renewal of this agreement further consolidates the company's commitment to meeting the demand of the global phosphate fertilizer market.
picture
In the past few years, Ma'aden has expanded its phosphate fertilizer production and plans to increase its phosphate fertilizer production by 50% to 9 million tons per year through the company's phosphate 3 large-scale project. Ma'aden plays an increasingly important role in the global agricultural value chain by strengthening partnerships with key stakeholders, providing high-quality fertilizers, and helping to support global food security.
Hassan Al Ali, Executive Vice President of the Ma'aden Phosphate Division, reviewed the agreement, Say: We are pleased to continue working with BADC to ensure a reliable supply of high-quality fertilizer products to the Bangladesh market. As our business grows, despite global economic challenges, such partnerships are helping us drive sus
-
Soaring global fertilizer prices will affect India's subsidy bill
2023-08-16
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
In the past month, the landed price of urea imported from India has soared from $318-320 per ton to $395-410, and it had dropped to $285-290 at the end of June.
Prior to the key elections for the five state councils of Madhya Pradesh, Rajasthan, Chhattisgarh, Trengana, and Mizoram held later this year, the central government led by the Indian People's Party has a new concern: the global rebound in fertilizer and raw material prices.
Last month, the landed price of imported urea from India surged from $318-320 per ton to $395-410, and dropped to $285-290 at the end of June.
The same is true for diammonium phosphate, with a CIF price of $435-440 per ton in mid July. Two weeks ago, the price rose to $480, currently at $560 per ton.
In the past month and a half, the landed price of ammonia used for domestic production of diammonium phosphate has also increased from $300 to $310 per ton to $400 to $405.
An insider said: "The trend of international prices falling back from the high level after the Russia-Ukraine conflict last February has obviously reversed."
In July 2022, the import price of diammonium phosphate reached its peak at $950- $960 per ton; The price of urea from November 2021 to January of the following year is $900- $1000 per ton; Ammonia was $1575 in April 2022, and
-
The Chinese yuan(RMB) is becoming the most popular foreign currency in Russia, the UK retains CE certification indefinitely, and India has new regulations for imports
2023-08-16
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Headlines
The RMB trading share in the Russian foreign exchange market reached a new high in July
The latest report released on the website of the Russian Central Bank on the 8th shows that the structure of the Russian foreign exchange market continues to change, with the share of the Chinese yuan in foreign exchange transactions rising from 39.8% in June to 44% in July, reaching a new high.
TASS reported that according to the financial market risk assessment report released by the Russian Central Bank, the share of major Western currencies such as the US dollar and euro in the Russian foreign exchange market decreased from 58.8% in June to 54.4% in July. In over-the-counter trading, the share of the Chinese yuan increased from 18.4% in June to 19.2% in July.
According to data from the Moscow Stock Exchange, in February this year, the Chinese yuan surpassed the US dollar for the first time, becoming the exchange's largest monthly trading currency. In 2022, foreign currencies such as the US dollar and euro declined in Russia, while the renminbi is becoming one of the most popular foreign currencies in Russia.
Russia
Announcing the extension of EAC Easy Certi
-
Ukraine's nitrogen fertilizer production hit a new high in August
2023-08-16
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
According to data from the Ukrainian Agricultural Consulting Company, on August 11, 2023, Ukraine's nitrogen fertilizer production will reach a historic high, with various types of nitrogen fertilizer production exceeding 220000 tons, which is the highest level since March 2022.
The growing demand for nitrogen fertilizers in EU countries and Asian markets enables Ukrainian producers to anticipate sustained demand for the next three months.
Due to the successful sales of nitrogen fertilizer in June and July, Oschem Company in Ukraine successfully secured orders before September. According to various estimates, the market may sell 120000-150000 tons of nitrate and 60000 to 70000 tons of urea, as well as ammonium nitrate and other fertilizers in the past two months. Given that field investigations in Ukraine in the autumn are still ongoing, the demand for these fertilizers is still insufficient, "the statement said.
It is expected that Cherkasy and Rivne's factories will produce up to 100000 tons of nitrate in August. Cherkasy's "Azot" factory will complete the maximum production plan for urea and 60% production of ammonium nitrate, while "Rivneazot" will be able to launch limestone nitrate in the second half of August. These factories will produce a total of 225000 to 225000 tons of products, setting a record for Ukraine in the past 530 days.
-
China promises to provide 1.1 million tons of urea
2023-08-16
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
On Monday (August 14th), stimulated by news that China had promised to provide nearly 1.1 million tons of urea in India's urea import bidding, the main contract prices of urea futures surged throughout the afternoon, rising nearly 3% at one point, reaching a two-week high of 2115 yuan during the session. Afterwards, they slightly declined, and finally closed up 1.90% at 2089 yuan. The urea futures price fluctuated and fell in the morning trading today, and subsequently fell into a volatile long short game market.
picture
Source: Wenhua Finance
According to the latest news, in the latest round of urea import bidding in India, Indian Potash Fertilizer Company (IPL) received a confirmed order of 1.6 million to 1.7 million tons, with China committing to supply nearly 1.1 million tons. This news has boosted market confidence in domestic urea exports.
On August 9th, the bid was opened and a total of 3.3825 million tons of urea were received from 23 suppliers. The lowest quotation for the East Coast is $396 per ton (CFR price), while the lowest quotation for the West Coast is $399 per ton (CFR price).
Analysts say that there are currently approximately 350000 to 700000 tons of ready goods for printing labels in China, with 1.1 million tons clearly exceeding the current stock. At p
-
Strong domestic demand leads to a decrease in urea exports in Indonesia in the first half of the year
2023-08-16
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Due to strong domestic demand in Indonesia in the first half of the year, Pupuk Indonesia shifted its main market to the domestic market, resulting in a 22% decrease in urea exports from January to June. According to GTT data, the total export volume of Indonesia during this period was 641900 tons.
Urea exports continued to decline from January to April and June, with the exception of May due to tight urea supply in major Asian markets, which led to an increase in exports over the course of the year. Due to other Southeast Asian producers withdrawing from the spot market due to production issues at their factories, Pupuk Indonesia issued a tender for urea sales in May to meet regional demand.
The Philippines was the largest export destination for urea in Indonesia from January to June, with exports increasing by 71% year-on-year, reaching 145200 tons. Exports to Vietnam increased by 92% to 85500 tons, mainly due to Vietnam's demand increasing with more rainfall, resulting in a surge in deliveries between May and June. But exports to Australia decreased by 47% to 116200 tons, with shipments in April and June being the lowest.
Indonesia's urea exports decreased by 25% year-on-year in June, to 152700 tons. The shipment volume to the Philippines has increased nearly six times compared to the same period last year, reaching 59600 tons, while the export volume to Vietnam
-
The urea market is facing another wave of turmoil, and the impact of labeling is expected to continue until September
2023-08-16
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Recently, the urea market has been constantly fluctuating, and the market trend has been more rapidly rising and falling under the guidance of news, with the most obvious reaction being the Indian mark. The driving force of the printing label message not only directly affects the current market price, but also penetrates into the domestic supply and demand level in the later stage. As of August 15th, the market price in Linyi, Shandong was at 2550 yuan/ton. After experiencing a wave like trend, the urea market gradually rose back to its high level in the past half of the month, and the maximum fluctuation range in the past half of the month was around 200 yuan/ton. The impact of emotions determines that the fluctuation range of urea has increased, and the market has to keep up with the atmosphere fluctuations. How does the news affect the market?
picture
With the increasing number of market news games, the weight of emotions in the market influence is increasing, and the most obvious force lies in the judgment of emotions on the future market of the industry. When the positive news gradually ferments, emotions tend to hold an optimistic attitude towards the future market, while the internal response of supply and demand will weaken. The transmission of printed messages is the most intuitive manifestation.
The impact of marking:
India i
-
Potassium chloride demand rebounds, while potassium sulfate continues to rise
2023-08-16
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Recently, the prices of nitrogen, phosphorus, and potassium raw materials in China have been consistently rising. Although the urea market fluctuates slightly in the middle, it has resumed an upward trend driven by international standards. In terms of potassium fertilizer, potassium chloride has also returned to near the import cost line, and the price of potassium sulfate continues to rise.
The international raw material prices, nitrogen, phosphorus, and potassium, driven by bidding in their respective international markets, have been continuously rising, basically reaching the same pace as the domestic and international markets, and prices have rebounded.
picture
From the trend of international potassium chloride prices, in mid July, spot prices in the international Brazilian market took the lead in stopping the decline and rebounding, mainly reflected in the large particle potassium chloride varieties. Driven by the rebound in market demand, Brazil's demand for potassium chloride raw materials has increased, indicating signs of improvement in the international potassium chloride market. On the Indian side, the previously rumored new large contract price has not been officially announced. However, based on recent order transactions, India's NFL has awarded a bid on July 31st to purchase 100000 tons of standard potassium chloride at a CIF price of $319 per ton, wit
-
International urea fell, ammonium phosphate remained strong, global supply of potassium fertilizer was tight, and demand for compound fertilizer remained stable
2023-08-14
urea
Due to the shift towards short selling in the international market and a slowdown in demand from importers, urea prices have started to decline this week.
The urea bidding in India is an important event this week, with the lowest prices being $396 per ton for East Coast CFR396 and $399 per ton for West Coast CFR399. The net profit from trading to manufacturers in India is much lower than last week, but after the Indian bidding, market prices in most regions have declined, and the short-term outlook is weak.
The transaction price of small batches in Brazil has steadily decreased to $CFR415 per ton, a 10% decrease from last week's peak, and the quantity is only half of last week's. In October, the FOB price of Nora in the United States decreased to $350 per ton (CFR380 per ton). The demand in the European market is average, with a total demand of only a few thousand tons this week, and the price has dropped to CFR430-435 USD/ton.
New demand has emerged in Southeast Asia, Mexico, and Canada, but buyers seem to only want to determine their purchasing needs after understanding the impact of the logo.
The quantity and scale of shipments from China to India, as well as the ease of execution in the coming weeks, will have a significant impact on the overall market balance. The return of Indonesia and Brunei to the spot market will greatly alleviate the tense situation in the urea market.
Despite weak market performance in the short term, concerns about winter energy prices may continue to support non seasonal high demand throughout the third quarter.
International price of small particle urea (in bulk) (unit: USD/ton)
picture
International Price of Large Granular Urea (Unit: USD/ton)
-
Local upregulation! Urea price trend on August 8th
2023-08-11
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Since the weekend, domestic urea prices have been operating in a weak state, with quotations lowered by around 20-50 yuan/ton and partially increased by 10-40 yuan/ton. Currently, the mainstream price is around 2320-2450 yuan/ton, and the market supply is loose, while demand continues to be weak, resulting in insufficient overall market price support. Affected by the sentiment of buying up instead of buying down, the demand in the domestic urea market has further weakened, and the atmosphere for factory new orders is generally average. Factories are forced to lower prices to buy orders, and the pressure on the domestic urea market is gradually beginning to emerge. Many in the industry are looking forward to the news of the bid opening. It is expected that the domestic urea market will be weak in the short term and will continue to consolidate and operate downwards.
Urea price trend on August 8th
The quotation of enterprises in Shandong region has been partially reduced by 20-30 yuan/ton, while the prices in Linyi and Heze regions have been partially increased by 10-30 yuan/ton. The factory quotation for small and medium-sized particles is based on around 2320-2450 yuan/ton, the receiving price for small particles in Linyi region is based on around 2400 yuan/ton, and the receivi
-
Printing label, landing, export, cross bar urea flushing, need to be connected internally
2023-08-11
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Yesterday, after nearly half a month of ups and downs, the price finally landed. There are a total of 23 bidders, with a total supply of 3.3825 million tons and a relatively sufficient supply of goods. The lowest CFR price on the East Coast is $396 per ton, while the lowest CFR price on the West Coast is $399 per ton.
picture
First, simply reverse the price in China, with a shipping cost of $16-17 per ton from China to the East Coast, excluding traders' profits, etc., and estimate FOB365-370 per ton in China (for reference only). To further calculate the domestic factory price, taking the Shandong region as an example, excluding port miscellaneous fees, shipping costs, and other expenses, it is estimated that the price does not exceed 200 yuan/ton, and the factory is approximately 2450-2500 yuan/ton. As of August 9th, the mainstream factory transactions in Shandong region were 2400-2490 yuan/ton, and the prices just covered this range.
But the price can not be said to be on par with the domestic market, but rather several rounds of bargain hunting since late July, most of which are below this price level, so it is also considered good news for the domestic market. So how should the domestic market develop next?
Figure 1 Urea Price Trend in Shandong Region
picture
Let
-
Urea is still the same. Urea beggars are not the same beggars anymore
2023-08-11
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
There are no small matters in the urine market, and printing labels helps to make a fuss. Another batch of branded boots that stirred the wind and rain has already landed, and the remaining one with a hidden quantity is still attracting public attention. Many in the industry believe that if China's supply of goods has a large quantity, it will become a major boost for urea to continue to rise in price. Perhaps it is because the story has already been told, and urea prices have fluctuated today rather than continuing to rise generally, and the red light of futures has also temporarily declined. But what can happen then? For a long time, the price of urea has fluctuated, but overall it has remained at a high level, becoming a dominant figure in the fertilizer industry, regardless of right or wrong. At present, the downstream attitude towards urea is: although they dare not pursue unlimited heights, if you try to lower it a little bit, I dare to copy the bottom if you dare to try!
Urea is still the same urea, and no one is watching the sharp decline in urea in the short term, so let's let it go and take a break. Let's look elsewhere and see if there are any other scenery worth appreciating, such as the potassium sulfate that the prosperous beggar counterattacked and became a god.
At present, the operating rate of the Mannheim potassium sulfate industry is about 63%, w
-
The main international market demand for diammonium phosphate still exists, and the short-term high prices are mainly strong
2023-08-11
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Since 2023, the international market for diammonium phosphate has been continuously declining, with a downward trend continuing until late July. The FOB price of diammonium phosphate exports from China at the beginning of the year was $688/ton FOB China, and in mid July, the lowest price was $420/ton FOB China, with a decrease of 34.95%; Starting from late July, the international market bottomed out and rebounded, with the main demand country, India's CIF price, rising by approximately 24.14% within half a month.
picture
From the above trend chart, it can be seen that since 2023, the international price of diammonium phosphate has first declined and then increased. Within half a month, the CIF price in India has increased by about $100/ton to $540/ton CFR, an increase of about 24.14%. Overall, the reasons for the price decline in the first half of the year are as follows: the impact of public health events in 2023 has ended, international production capacity has gradually recovered, supply side performance has been loose, the global economy has remained sluggish, some importing countries have insufficient financial reserves, import enthusia
-
The rebound in potassium fertilizer prices is good/with the latest guidance price for potassium salt (fertilizer)
2023-08-07
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
Potassium chloride
This week, Potassium chloride slowly began to recover its quotation after the shutdown, and the new quotation rebounded significantly from the previous period. The official arrival price of domestic 60% potassium is 2250 yuan/ton, while the market sales price is mostly 2300 yuan/ton, which has overcome the problem of hanging upside down. Currently, the manufacturer has a large waiting quantity for shipment; The situation of newly signed orders in border trade is not very clear, with some pre-sales calling for 62% of the port price of potassium chloride at 2250 yuan/ton; The port has sufficient supply of goods and a relatively large proportion of bonded goods, but the new high price level after the price rebound has not been fully accepted yet. Firstly, the market is not particularly optimistic about the rebound amplitude, and secondly, the impact of the temporarily low price of domestic potassium. It is understood that the current price of 62% of white potassium in ports is mostly 2500 yuan/ton. As the overall growth of fertilizer market is obvious in au