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This post was last edited by Desert Fish on 2021-11-30 at 12:30. Urine urea prices are rising again – will they keep going up? Author/Source: Fertilizer Circle Date: 2021-11-29 Clicks: 19 Since the implementation of domestic fertilizer export policies, they have had a significant effect on controlling prices in the domestic fertilizer market. During the off-season for agricultural demand, coupled with an increase in the daily production of urea, companies’ inventories have also started to rise, while raw material costs have decreased significantly. Affected by factors such as the continuous decline in coal prices and an ample supply of natural gas, the price of urea in China has dropped significantly, while the price of diammonium phosphate has declined moderately. Due to the combined effect of various factors, after a series of consecutive declines, the price of fertilizers nationwide has dropped, with the standard price for urea now being around 2300–2400 yuan per ton. Despite international prices continuing to reach new highs and India issuing new tenders recently, the domestic market has not experienced any fluctuations **thanks to favorable regulatory policies**. Affected by some plant shutdown plans, companies have started to raise prices. As the weekend approaches, prices in many areas have increased by 50–80 yuan per ton. Industry experts analyzing the fertilizer sector believe that China attaches great importance to food security; fertilizers are special commodities that are crucial for food security. Stable fertilizer prices and supply are of significant importance in maintaining farmers’ enthusiasm for growing crops and ensuring overall food security. Currently, the prices of raw materials such as coal have fallen, and without exports, urea can fully meet domestic market demand. **Multi-departmental regulation has brought down the high prices of fertilizers, and these measures will not be eased easily; therefore, there are no conditions for a significant increase in prices. The fertilizer industry has observed that as we enter the third quarter, the Development and Reform Commission, in collaboration with various other departments, is working to ensure a stable supply and prices of domestic fertilizers; it is focusing on conducting inspections and supervision of companies involved in the production and distribution of fertilizers such as potassium and nitrogen fertilizers. In addition, the scope of preferential railway freight rates for fertilizers has been expanded to facilitate the production and distribution of fertilizers and support agricultural production, allowing 8 new types of fertilizers, including slow-release and water-soluble fertilizers, to benefit from these preferential rates. The national supply and marketing cooperative system acts as the main channel for the supply and distribution of agricultural inputs; it increases efforts to procure and transport these inputs, gives priority to ensuring domestic supply, does its best to support farming activities in autumn and winter, and prepares reserves for agricultural inputs needed for next year’s spring planting. In order to make low-cost fertilizer reserves, particularly potassium fertilizers, available to farmers and to guide market expectations, under the unified guidance of the National Development and Reform Commission, since October 20, the All-China Supply and Marketing Cooperative Federation and the National Cotton Trading Market affiliated with China Supply and Marketing Group have used online bidding to arrange for three potassium fertilizer storage companies, including Sinograin Group, to release potassium fertilizer reserves on a weekly basis for five consecutive weeks.