The import price of urea is 3,042 yuan per ton
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Fertilizers: The price of imported potassium chloride this week was 4,800 yuan per ton, up 1.2% on a week-on-week basis. The price of urea is 3,042 yuan per ton, remaining unchanged on a week-on-week basis. The price of monoammonium phosphate is 4,100.5 yuan per ton, up 7.93% on a month-on-month basis. The price of diammonium phosphate remains stable. Currently, the spot supply in the potassium fertilizer market remains low, and May marks the peak season for preparing fertilizers for the summer, so there is still some room for price increases in the fertilizer sector. Domestically: Yanhu Co., Ltd. has completed its task of ensuring supply; in May, it officially raised the price of potassium chloride by 480 yuan per ton. The gap between domestic potassium chloride prices and international prices is continuing to widen. Once Salt Lake Co., Ltd. has completed its supply guarantee efforts, a new round of price increases will begin, and domestic potassium fertilizer prices are set to rise in May. International: Russian president extends restrictions on Russian fertilizer exports until August 31, considering the possibility of extending them further. The tight supply and demand balance for potash fertilizer abroad will exacerbate rising prices for potash fertilizer in the domestic market during the second quarter
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The Russian president extended the restrictions on Russian fertilizer exports until August 31 and is considering the possibility of extending them further. The tight supply and demand balance for potash fertilizer abroad will exacerbate rising prices for potash fertilizer in the domestic market during the second quarter