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The international war triggered a global food crisis
Point 1: Russia's fertilizer exports
Russia is the world's largest exporter of nitrogen fertilizers and the world's second largest exporter of phosphate and potash fertilizers
On May 31, the Russian Government Information Service announced that the government has decided to extend the entry into force of nitrogen and compound fertilizer quotas, which will take effect from July 1 to December 31, 2022
Judging from the current situation, Russia has adopted a two-handed strategy for the export of chemical fertilizers.
Aspect 2: my country's chemical fertilizer exports
The second half of the year is the off-season for the domestic fertilizer market.
According to market analysis, from the country distribution of export value, BRICS countries Brazil, India and South Africa ranked first, second and 18th as fertilizer export destinations in China in the first five months.
Aspect 3: The start-up of domestic chemical fertilizer enterprises
According to the current fertilizer prices, it is a golden period of super-profitable fertilizer production enterprises.