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Last week (January 25-January 29), the China Fertilizer Wholesale Price Composite Index (CFCI) fell slightly.
On February 1, CFCI was 18.
857 points, down 17.
13 points month-on-month, or 0.
90%; down 152.
26 points year-on-year, or 7.
46%; down 490.
30 points, or 20.
61% from the base period;.
On February 1, China's Compound Fertilizer Retail Price Index (CCRI) was 2421.
65 points, up 4.
16 points from the previous month, or 0.
17%, and down 25.
06 points from the base period, or 1.
02%.
Supply situation: Domestic food prices are low, winter storage is progressing slowly, and the fertilizer market continues to be weak.
The domestic urea market price continued to decline slightly, and the transaction may not improve.
The diammonium market remained weak as a whole, and the company's shipments were not smooth.
In terms of potash fertilizer, the market continues to be sluggish, with prices falling, and border trade potash fertilizers are generally out of stock.
In terms of compound fertilizers, as the prices of urea and potash fertilizers continue to wash away historical low prices, it has formed a major negative for the compound fertilizer market, and the market performance has been sluggish.
Demand situation: urea market demand is weak, and industrial purchases are limited; the diammonium market is lightly traded, and there are signs of start-up in some areas of Northeast winter storage; in terms of potash fertilizer, the purchase intention of middlemen is low; the progress of compound fertilizer winter storage is lagging behind previous years, northeast The demand is large, but the demand in other regions is bleak.
International market: The price of chemical fertilizers in the international market continued to fall in most areas.
International urea was lightly traded, and prices continued to be weak in many places; the international diammonium price dropped sharply in most areas; potash fertilizer, fluctuated and declined, and trade was sluggish.
In summary, the overall market performance of chemical fertilizers has been poor.
Although domestic urea has improved slightly recently, the overall market is weak, and market prices are expected to continue to decline slightly; for phosphate fertilizers, it is expected that the market will start after the holiday and the transaction will gradually become active; the supply of potash is sufficient, the inventory is difficult to digest, and the price before the holiday Keep stable and consolidate, and do not rule out the possibility of decline after the holiday; weak raw material support for compound fertilizers, insufficient demand, and weak price increases.
On February 1, CFCI was 18.
857 points, down 17.
13 points month-on-month, or 0.
90%; down 152.
26 points year-on-year, or 7.
46%; down 490.
30 points, or 20.
61% from the base period;.
On February 1, China's Compound Fertilizer Retail Price Index (CCRI) was 2421.
65 points, up 4.
16 points from the previous month, or 0.
17%, and down 25.
06 points from the base period, or 1.
02%.
Supply situation: Domestic food prices are low, winter storage is progressing slowly, and the fertilizer market continues to be weak.
The domestic urea market price continued to decline slightly, and the transaction may not improve.
The diammonium market remained weak as a whole, and the company's shipments were not smooth.
In terms of potash fertilizer, the market continues to be sluggish, with prices falling, and border trade potash fertilizers are generally out of stock.
In terms of compound fertilizers, as the prices of urea and potash fertilizers continue to wash away historical low prices, it has formed a major negative for the compound fertilizer market, and the market performance has been sluggish.
Demand situation: urea market demand is weak, and industrial purchases are limited; the diammonium market is lightly traded, and there are signs of start-up in some areas of Northeast winter storage; in terms of potash fertilizer, the purchase intention of middlemen is low; the progress of compound fertilizer winter storage is lagging behind previous years, northeast The demand is large, but the demand in other regions is bleak.
International market: The price of chemical fertilizers in the international market continued to fall in most areas.
International urea was lightly traded, and prices continued to be weak in many places; the international diammonium price dropped sharply in most areas; potash fertilizer, fluctuated and declined, and trade was sluggish.
In summary, the overall market performance of chemical fertilizers has been poor.
Although domestic urea has improved slightly recently, the overall market is weak, and market prices are expected to continue to decline slightly; for phosphate fertilizers, it is expected that the market will start after the holiday and the transaction will gradually become active; the supply of potash is sufficient, the inventory is difficult to digest, and the price before the holiday Keep stable and consolidate, and do not rule out the possibility of decline after the holiday; weak raw material support for compound fertilizers, insufficient demand, and weak price increases.
