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Entering mid-May, the demand for corn fertilizer in Northeast China is over, and the preparation of rice fertilizer in Jiangsu is also coming to an end.
Only the Central Plains still has a certain demand for corn base fertilizer, but the remaining demand cannot boost the situation of compound fertilizer companies.
The supply of goods is unsatisfactory, and the quotation of compound fertilizers has been declining, especially the sales of high-nitrogen fertilizers are not optimistic.
After mid-to-early June, most parts of the Central Plains will start planting corn, which means that the fertilizer preparation phase for high-nitrogen fertilizers is only about 20 days to end.
In the short-term demand period, will high-nitrogen fertilizers fight a turnaround? First of all, raw material prices rebounded slightly after bottoming out, and cost support was slightly stronger.
Recently, the operating rate of the urea industry is low, and there are still some companies preparing for maintenance, local agricultural demand is acceptable, and some industrial compound fertilizer plants have plans to replenish warehouses.
Therefore, the ex-factory price of small particles in some areas of Shandong and Hebei rebounded slightly by 30 yuan/ton to 1480-1500 At around RMB/ton, the high-nitrogen fertilizer, which has fallen into the haze of cargo delivery, has seen a glimmer of hope, and the cost is slightly supported, and the local cargo delivery has slightly improved.
Only the Central Plains still has a certain demand for corn base fertilizer, but the remaining demand cannot boost the situation of compound fertilizer companies.
The supply of goods is unsatisfactory, and the quotation of compound fertilizers has been declining, especially the sales of high-nitrogen fertilizers are not optimistic.
After mid-to-early June, most parts of the Central Plains will start planting corn, which means that the fertilizer preparation phase for high-nitrogen fertilizers is only about 20 days to end.
In the short-term demand period, will high-nitrogen fertilizers fight a turnaround? First of all, raw material prices rebounded slightly after bottoming out, and cost support was slightly stronger.
Recently, the operating rate of the urea industry is low, and there are still some companies preparing for maintenance, local agricultural demand is acceptable, and some industrial compound fertilizer plants have plans to replenish warehouses.
Therefore, the ex-factory price of small particles in some areas of Shandong and Hebei rebounded slightly by 30 yuan/ton to 1480-1500 At around RMB/ton, the high-nitrogen fertilizer, which has fallen into the haze of cargo delivery, has seen a glimmer of hope, and the cost is slightly supported, and the local cargo delivery has slightly improved.
