The compound fertilizer market is gradually entering the digestion stage. The market may be stable and small

Recently, the wait-and-see atmosphere in the compound fertilizer market has increased, and the operations of all parties have briefly cooled down.
On the one hand, the growth rate of major raw materials in the upstream has narrowed, and on the other hand, it will take some time for dealers to accept the new price, and the market is in the digestion stage.
The third part of the company suspends collection and waits for further guidance from the news.
First of all, in terms of upstream raw materials-the growth rate has narrowed.
Recently, the price of urea has partially weakened by 20-30 yuan/ton.
Coupled with India’s remorse bid, market concerns have increased.
As of November 25, the transaction of small particles in Shandong was 1,480- 1500 yuan/ton, the average price dropped by 30 yuan/ton from the same period last week.
The potash fertilizer market has continued to hype, and the market has maintained an upward trend.
The current port white potassium is at 1960-1980 yuan/ton, and the red potassium is at 1860-1880 yuan/ton, but there are signs of narrowing the increase.
At the same time, the dealers have the intention to enlarge the negotiation space .
The phosphate fertilizer market price center continues to move upwards, and now 55% of Hubei powders leave the factory at 1630-1680 yuan/ton, and the adjustment range is 30-50 yuan/ton.
On the whole, the growth rate of the main upstream raw materials has narrowed this week, which has aggravated the wait-and-see atmosphere in the market to a certain extent.
Secondly, on the dealer side-limited acceptance of new prices.
Starting from the middle and late ten days, companies have introduced new prices one after another, and some companies have increased their price adjustment frequency.
At present, the cumulative increase is mostly 50-80 yuan/ton.
At present, the supply of 45% s3*15 from major enterprises is RMB 1850--1950/ton, and the price of 45% cl3*15 is RMB 1650-1750/ton.
Distributors have limited acceptance of new prices, especially for some high-end prices, and they are still worried about stocking up in advance.
After all, it is still too early to use fertilizer at the grassroots level, and factors of market instability still exist.
Thirdly, some companies have suspended payment collections-the lack of guidance in the market has recently caused some companies to suspend payment collections mainly due to ample pre-orders and low prices.
It is reported that most of the major compound fertilizer companies have already passed half of the pre-collection for winter storage, and some have even reached 70%.
However, the prices of orders received in advance are relatively low.
Under the background of substantial increase in costs, enterprises have limited affordability.
At present, some companies have suspended collections, and some large companies continue to implement interest-bearing policies in advance, and there are signs that the market has once again fallen into an uncertain state, which has increased the wait-and-see sentiment of the market.
On the whole, after this period of adjustment, the compound fertilizer market has gradually entered the digestion stage.
It is expected that the wait-and-see atmosphere in the short-term market will continue, and the market may be stable and small; except for some low-end prices, mainstream prices are expected to stabilize.
Around the middle of next month, the operation of all parties in the market may pick up again, focusing on the trend of raw materials and the specific policy prices of major companies.
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