In the short term, the price of compound fertilizer is expected to be mainly stable. Looking at the trend of raw material prices, urea prices have a certain upward trend, but the space will not be too large. Phosphate fertilizer and potash fertilizer are also expected to be relatively stable. From the perspective of demand, terminal distributors have a low level of enthusiasm for purchasing. At present, they are mainly preparing fertilizers for intermediate dealers, and overall demand is relatively stable.
In the Northeast, Hebei, Shandong, and Anhui, the compound fertilizer manufacturers gradually resume normal production and sales are stable. Part of winter wheat production areas started fertilizer production, driving demand for high-nitrogen compound fertilizers.
The compound fertilizer production enterprises report that due to the increase in railway freight rates, each wagon in the northeast of China is required to increase freight by more than 1,000 yuan, and each wagon sent to Xinjiang must increase by 4,000 yuan in freight, which will have a certain impact on the price of compound fertilizers. The future trend of the compound fertilizer market will mainly depend on the price of basic fertilizers, climate change and the adjustment of farmers' planting structure. After the spring plowing and fertilizing are fully started, relevant parties need to strengthen market rectification, increase efforts to crack down on counterfeiting and shirking, and reduce the amount of nutrients, maintain fair market order, and protect farmers' interests.
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