Compound fertilizer prices may maintain the current weak situation and pick up weak

At present, compound fertilizer has not yet come out of the predicament of weakness.
As the price of urea is at a relatively low level, the sales of compound fertilizers have suffered a greater impact.
In addition, the next peak season for fertilizer preparation is corn preparation, and there is a huge demand for high-nitrogen fertilizers.
However, due to the impact of low-priced urea, the price of high-nitrogen fertilizers has weakened and declined.
It is expected that before the end of this month, the price of compound fertilizer may maintain the current weak trend, and the recovery is weak.
Recently, the sales of compound fertilizers have been average, and the company's early inventory is relatively large, and the digestion is slow.
In order to stimulate sales, although most companies maintain stable quotations, actual transactions implement certain preferential policies, and the preferential margin is relatively large, ranging from 50 to 100 yuan/ton.
The average ex-factory price of compound fertilizer is 2134 yuan/ton, down 0.
33% on a week-on-week basis.
In the next week to two weeks, the spring ploughing and fertilizer preparation market in most northern regions will enter the final stage, while the traditional peak season corn fertilizer preparation has not yet officially started.
Relatively dispersed, demand will weaken, and companies may slow down.
Since the price of urea is still low, the negative effect on the compound fertilizer market continues.
Judging from the latest domestic urea market, the current domestic urea market is still relatively strong, and prices continue to rise in most areas.
The domestic market is still the main sales target at present, and it is expected that this strong market should continue until the end of the month.
Higher domestic market prices have prompted the return of port cargo to the domestic market, but the port inventory is still high, which is estimated to have increased by about 100,000 to 1.
4 million tons from last week.
The local urea delivery in Henan has slowed down slightly, mainly for outbound industrial orders.
The low-end mainstream ex-factory quotations have been raised by 10-20 yuan/ton to 1,360-1410 yuan/ton; Shanxi is more active in preparing fertilizers, and manufacturers have no inventory at the moment.
The mainstream ex-factory quotations are up to RMB 50/ton to RMB 1250~1350/ton.
Urea manufacturers in Shandong area have smooth delivery, and manufacturers have no inventory pressure for the time being.
The mainstream ex-factory quotations are now 1360~1400 yuan/ton; in Hebei, urea is mainly sold in the local market, and the mainstream ex-factory quotations are increased by 20~40 yuan/ton to 1,350~1380 yuan/ Ton.
The enthusiasm of farmers in Jiangsu and Anhui regions to prepare fertilizer is still high, and manufacturers sell goods smoothly.
The high-end in Jiangsu area is increased by 30 yuan/ton to 1,440~1530 yuan/ton, and the low-end mainstream ex-factory quotation in Anhui area is increased by 20 yuan/ton to 1,380~1400 yuan.
/Ton.