Understanding the current situation of the domestic international fertilizer market
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Could everyone share their understanding of the current state of the fertilizer industry, as well as the developments in the fertilizer market both domestically and internationally? Thank you.
Affected by the value-added tax on urea on September 1, suppliers stocked up on urea in advance, leading to an increase in its price and a rise in sales volume.
Will the reinstatement of value-added tax have an impact on urea prices? You mean that most buyers are currently stockpiling urea, but there is no significant effect from our side. I think the reinstatement of value-added tax does not necessarily force sales prices to rise; it might even help reduce the costs of some companies.
What better measures does your company currently have in place to address the downturn in the urea and coal markets?
Energy savings, reduced consumption, and long-term safe and stable operation.
Are there any innovative ideas regarding the product structure? There is too little room for improving energy efficiency and reducing consumption.