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On August 3, China’s fertilizer price index showed mixed trends

2020-08-05View Original

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On August 3, the prices of fertilizers in China showed mixed trends. Author/Source: China Fertilizer Network. Date: 2020-08-05. Clicks: 8. On August 3, the China Fertilizer Wholesale Price Index (CFCI) was 1,936.28 points, representing a decrease of 1.21 points on a month-on-month basis, or 0.06% decline;   A decrease of 253.91 points on a year-on-year basis, representing a decline of 11.59% ;   It dropped by 442.59 points from the base period, representing a decline of 18.61%.   On August 3, China’s urea wholesale price index (CNPI) was 1,720.17 points, down 3.15 points on a month-on-month basis, representing a decline of 0.18% ;   A decrease of 237.13 points on a year-on-year basis, representing a decline of 12.12% ;   It dropped by 143.08 points from the base period, representing a decline of 7.68%.   On August 3, China’s retail urea price index (CNRI) was 1,857.52 points, down 3.88 points on a month-on-month basis, representing a decline of 0.21% ;   A decrease of 218.70 points on a year-on-year basis, representing a decline of 10.53% ;   It dropped by 47.44 points from the base period, representing a decline of 2.49%.   On August 3, the China Urine Export Price Index (CNEI) was 1,655.34 points, up 9.15 points on a month-on-month basis, representing a growth rate of 0.56% ;   A decrease of 209.27 points on a year-on-year basis, representing a decline of 11.22% ;   It dropped by 203.66 points from the base period, representing a decline of 10.96%.   On August 3, the China Urea Market Index (CNCI) was 42.86 points, and fertilizer companies hold a relatively pessimistic view regarding the future trend of the urea market.   (The benchmark value for the economic climate index is 50 points; a score of 0–50 indicates pessimism, while 50–100 indicates optimism.) On August 3, China’s Phosphoric Acid Diammonium Wholesale Price Index (CPPI) was 2,566.52 points, up 3.41 points on a month-on-month basis, representing a growth rate of 0.13% ;   A decrease of 275.38 points on a year-on-year basis, representing a decline of 9.69% ;   It dropped by 655.25 points from the base period, representing a decline of 20.34%.   On August 3, China’s Phosphoric Acid Diammonium Retail Price Index (CPRI) was 2712.26 points, up 1.17 points on a month-on-month basis, representing a growth rate of 0.04% ;   A decrease of 242.73 points on a year-on-year basis, representing a decline of 8.21% ;   It dropped by 509.51 points from the base period, representing a decline of 15.81%.   On August 3, China’s Potassium Chloride Wholesale Price Index (CKPI) was 1,906.81 points, down 0.12 points on a month-on-month basis, representing a decline of 0.01% ;   A decrease of 278.42 points on a year-on-year basis, representing a decline of 12.74% ;   It dropped by 1,383.78 points from the base period, representing a decline of 42.05%.   On August 3, China’s Compound Fertilizer Retail Price Index (CCRI) was 2370.24 points, down 3.58 points on a month-on-month basis, representing a decline of 0.15% ;   A decrease of 105.66 points on a year-on-year basis, representing a decline of 4.27% ;   It dropped by 76.47 points from the base period, representing a decline of 3.13%.

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