The National Development and Reform Commission sounds the "wake-up call" to the price increase of chemical fertilizers

Issued a reminder on the price laws and policies of the chemical fertilizer industry.
On November 28, China Nitrogen Fertilizer Network forwarded the notice of the National Development and Reform Commission’s Price Supervision and Inspection and Anti-Monopoly Bureau’s "Reminder and Warning on the Price of Fertilizer Industry", requiring all units to strictly abide by national laws and regulations and compete according to law.
Actively maintain market competition order and price order.
In terms of prohibiting price violations, the warning puts forward ten requirements.
The person in charge of the fertilizer industry said that the National Development and Reform Commission reminded and warned on the price laws and policies of the fertilizer industry, indicating that the Development and Reform Commission has already grasped the evidence that other factors outside the market have boosted the price of fertilizer.
After the warning, it will not be ruled out that there will be specific actions.
The "alarm bell" rang.
It is understood that recently, the National Development and Reform Commission Price Supervision, Inspection and Anti-Monopoly Bureau convened fertilizer-related industry associations and leading production and distribution companies to study the recent fertilizer market conditions.
After research, in order to promote the sustainable and healthy development of the fertilizer industry, maintain the order of market prices, prevent price violations, and protect the legitimate rights and interests of farmers, in accordance with the "Price Law", "Anti-Monopoly Law" and other legal provisions, special attention is paid to fertilizer production and distribution companies and related companies.
The operating entity issued the "Reminder and Admonishment of the Price Law and Policy of the Fertilizer Industry".
Warning requirements: Operators should follow the principles of fairness, lawfulness, honesty and credibility in pricing, and exercise their independent pricing power in accordance with the production and operation costs and market supply and demand conditions; operators should implement clear price marking and public display of commodity prices and other relevant information when selling chemical fertilizers.
The content of the price must be true and clear, and timely adjustments should be made when the price changes.
In terms of prohibiting price violations, the warning puts forward ten requirements: one is not to sell goods at a price increase beyond the marked price, and not to charge any unmarked fees; second, not to collude with each other to manipulate market prices and harm other operators or consumers The third is not to fabricate or disseminate price increase information to drive up prices; fourth is not to use false or misleading price methods to lure consumers or other operators into transactions; fifth is not to deal with other businesses with the same trading conditions Operators practice price discrimination; sixth, they must not dump at prices below cost for the purpose of squeezing out competitors or monopolizing the market, disrupting the normal order of production and operation, harming national interests or the legitimate rights and interests of other operators; seventh, having a competitive relationship Operators must not reach agreements to implement horizontal monopoly, such as joint production restriction and price protection, or discuss price, output, sales volume, customer and other sensitive information through meetings, communications, or oral communication, etc.
, to exclude or restrict competition; eighth, no agreement to implement vertical monopoly , Such as fixing the price at which the counterparty of the transaction resells the commodity to a third party, and limiting the minimum price at which the counterparty of the transaction resells the commodity to a third party Nine, operators with a dominant position in the relevant market must not abuse their dominant market position; ten, they must not commit other price violations.
The National Development and Reform Commission requires industry associations to strengthen industry self-discipline, and must not organize operators to implement price violations, and should guide the industry operators to compete in accordance with the law to maintain market competition order and price order.
In response to this warning, the person in charge of the fertilizer industry told reporters that the prices of urea, diammonium phosphate, and compound fertilizers have risen in an all-round way.
The price increase of some varieties has reached 700 yuan/ton.
The cost-assisted price increase is certain, but the market is not ruled out.
External factors contributed to the increase in prices.
The Price Supervision, Inspection and Anti-Monopoly Bureau of the National Development and Reform Commission reminds and warns on the price laws and policies of the fertilizer industry that the industry needs to pay close attention to it.
After the warning, it is not ruled out that there will be specific "beating and punishment" actions.
To promote the sustainable and healthy development of the fertilizer industry, maintain market price order, prevent price violations, and protect the legitimate rights and interests of farmers, in accordance with the "Price Law" and "Anti-Monopoly Law" and other legal provisions, the following reminders are issued.
1.
The overall requirement is that business operators should abide by price laws, regulations, rules and relevant regulations, actively maintain fair and open market competition, and maintain normal price order.
2.
Operators who exercise their independent pricing power in accordance with the law should follow the principles of fairness, legality, honesty and credibility, exercise their independent pricing power in accordance with the law in accordance with production and operation costs and market supply and demand, and provide consumers and other operators with reasonably priced commodities and service.
3.
Operators who sell chemical fertilizers should be clearly marked in accordance with regulations.
They should implement clear marked prices and publicly mark commodity prices and other relevant information.
The content of the price must be true and clear, and timely adjustments should be made when the price changes.
For example, Sinochem Fertilizer covers up to 90% of the country's major agricultural counties, and has outlets in major agricultural counties, townships, and villages across the country, making positive contributions to ensuring the supply of chemical fertilizers in rural areas and facilitating the purchase of chemical fertilizers by farmers.
We hope to give full play to the leading role of central enterprises in the industry, do a good job of clearly marking prices at all sales points, and maintain an open, transparent, and standardized market price order.
4.
Prohibition of price violations (1) Do not sell goods at a price increase in addition to the marked price, and shall not charge any unmarked fees; (2) Do not collude with each other to manipulate market prices and harm the lawful rights and interests of other operators or consumers; ( 3) Do not fabricate or spread price increase information to drive up prices; (4) Do not use false or misleading price methods to lure consumers or other operators into trading; (5) Do not engage other operators with the same trading conditions Price discrimination (6) For the purpose of squeezing out competitors or monopolizing the market, dumping at a price below cost, disrupting the normal order of production and operation, harming national interests or the legitimate rights and interests of other operators; (7) Operators with competitive relationships It is not allowed to reach agreements to implement horizontal monopoly, such as joint restriction of production and price protection, or to discuss sensitive information such as price, output, sales volume, customers, etc.
through meetings, communications, or verbal communication, to exclude or restrict competition; (8) No agreement to implement vertical monopoly, such as Fix the price at which the transaction counterparty resells the commodity to a third party, and limit the minimum price at which the transaction counterparty resells the commodity to a third party; (9) Operators with a dominant position in the relevant market shall not abuse their dominant market position; (10) No other price violations are allowed.
5.
Industry associations Industry associations should strengthen industry self-discipline, and must not organize operators to implement price violations, and should guide operators in their industry to compete in accordance with the law and maintain market competition order and price order.
Industry associations should take the initiative to publicize national laws and policies through various channels.
National Development and Reform Commission Price Supervision, Inspection and Anti-Monopoly Bureau