Compound fertilizers are in a terrible situation right now
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Recently, the prices of various raw materials have been rising continuously, which has left manufacturers of compound fertilizers who have already set prices in a desperate situation. Ammonium phosphate manufacturers all say the same thing regarding contracts with low prices: we don’t have any stock available; but of course, if you’re willing to pay a few hundred yuan more per ton, we can try to find a solution. The main issue discussed at the phosphate compound fertilizer conference in Hefei a few days ago was price increases. At the conference, a manager from Shandong mentioned that he had received payments worth 600 million yuan this winter; he ordered a large amount of raw materials at low prices, but they failed to arrive, which caused him a lot of concern.
Yes, it’s now very difficult to ship the goods purchased at low prices by a large factory in Shandong earlier on. At present, the prices set by various manufacturers of compound fertilizers have also increased significantly; the price for 45S in Shandong is now 2200–2300, and few transactions are made at this price.