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Regarding the skyrocketing prices of fertilizers, **serious measures have indeed been taken one after another!

2021-08-08View Original

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Regarding the skyrocketing prices of fertilizers, **serious measures have indeed been taken one after another! Regarding the skyrocketing prices of fertilizers, **serious measures have indeed been taken one after another! On June 17, **several departments issued the “Emergency Notice on Strengthening the Supply of Fertilizers to Ensure Production during the ‘Three Summers’ Period”! However, such measures failed to effectively curb the continuous rise in fertilizer prices. Fertilizer prices continue to rise, even reaching new highs, which farmers find hard to understand and even more difficult to accept; as a result, there are growing calls for **strengthened regulatory measures! On July 30, the website of the **Development and Reform Commission announced that it had held talks with certain key fertilizer manufacturers, urging them to take their responsibilities more seriously, actively fulfill their social obligations, and play a leading and exemplary role ; Operate in a lawful and compliant manner; it is prohibited to hoard goods, drive up prices, or fabricate and spread information about price increases. On August 4, the website of the State Administration for Market Regulation announced that, in response to the issues of price gouging and rapid increases in prices in the fertilizer market, the administration has recently launched investigations into manufacturing and distribution companies suspected of driving up prices of fertilizers such as potash fertilizers, based on reports received. Next, the State Administration for Market Regulation will continue to pay close attention to the price situation of fertilizers, step up regulatory and enforcement efforts, and crack down severely on illegal activities such as hoarding goods, driving up prices, and colluding to increase prices. On June 17, **several departments issued the “Emergency Notice on Strengthening the Supply of Fertilizers to Ensure Production during the ‘Three Summers’ Period”! However, such measures failed to effectively curb the continuous rise in fertilizer prices. Fertilizer prices continue to rise, even reaching new highs, which farmers find hard to understand and even more difficult to accept; as a result, there are growing calls for **strengthened regulatory measures! On July 30, the website of the **Development and Reform Commission announced that it had held talks with certain key fertilizer manufacturers, urging them to take their responsibilities more seriously, actively fulfill their social obligations, and play a leading and exemplary role ; Operate in a lawful and compliant manner; it is prohibited to hoard goods, drive up prices, or fabricate and spread information about price increases. On August 4, the website of the State Administration for Market Regulation announced that, in response to the issues of price gouging and rapid increases in prices in the fertilizer market, the administration has recently launched investigations into manufacturing and distribution companies suspected of driving up prices of fertilizers such as potash fertilizers, based on reports received. Next, the State Administration for Market Regulation will continue to pay close attention to the price situation of fertilizers, step up regulatory and enforcement efforts, and crack down severely on illegal activities such as hoarding goods, driving up prices, and colluding to increase prices.
Reply #22021-08-08
After a series of increasingly stringent regulatory measures, more news has arrived! On August 7, the China Agricultural Inputs Distribution Association, the China Nitrogen Fertilizer Industry Association, the China Phosphorus and Compound Fertilizer Industry Association, the Potassium Salt Branch of the China Inorganic Salts Industry Association, and the China Minmetals Chemicals Import and Export Chamber of Commerce jointly issued an initiative calling on fertilizer manufacturers to ensure a stable supply and prices. The specific measures include: first, making efforts to reduce the export of fertilizers and related raw materials used in production, giving priority to ensuring supply for the domestic market. II. Hoarding for speculative purposes is strictly prohibited; the produced fertilizers should be actively supplied to the domestic market. III. The following principles shall be followed when setting fertilizer sales prices: maintain a reasonable price difference to benefit farmers ; Do not raise prices significantly when costs have not changed noticeably ; No frequent price changes ; Do not release expectations of price increases. The initiative emphasizes that ensuring a stable supply and prices of fertilizers has risen to the level of a political priority, and its importance is self-evident. It is evident that a sharp sword hangs over them; if any company dares to confront this threat, the consequences will surely be severe! Taking all of the above information into account, it is evident that the fertilizer market is on the verge of a crisis. Reducing and stabilizing fertilizer prices has become an urgent task to address the concerns of farmers, and it will also be a key focus in the regulation of fertilizer prices in the coming period. Industry experts analyze that, supported by supply and demand dynamics as well as rising costs, it is unlikely that fertilizer prices will drop significantly at present; however, they can at least remain stable, with slight fluctuations possible for some products.
Reply #32021-08-08
**Just now in the fields in the northeast, it was said that agricultural supplies need to be stabilized:D

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