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As the main battlefield for winter storage in Northeast China, this year’s fertilizer market is really disappointing.
At present, the arrival of compound fertilizers in Northeast China is only about 30%, while the products sold by the Federal Reserve only account for about 20%.
The quantity of goods sold in Winter Reserve is very small, mainly due to the sluggish market conditions, the continued decline in raw material prices, and the downstream wait-and-see attitude remains strong.
But on the other hand, it is an indisputable fact that China has a large cultivated area and uses a lot of fertilizer.
When spring plowing arrives, the market will inevitably be a phenomenon of centralized procurement.
At that time, the pressure on the fertilizer market will increase sharply, and the pressure on enterprise production will increase, which will bring many difficulties to the upstream and downstream.
Even so, judging from the current sluggish environment, it is still difficult for the price of compound fertilizer to rebound.
At present, the mainstream ex-factory quotations of compound fertilizers: 45% sulfur-based compound fertilizers are at 2200-2300 yuan/ton, and 45% chlorine-based compound fertilizers are at 1850-2050 yuan/ton.
Market situation: The compound fertilizer market in Henan is slowly moving, with less transportation volume.
Some companies have introduced buy-out prices, but the willingness of distributors to get the goods is still not obvious, the policy is loose, and the companies mainly deal with transactions.
Market outlook: Faced with such a weak fertilizer market, dealers will be more cautious in obtaining goods, and the pressure on compound fertilizer companies will not decrease.
It is expected that prices will continue to fall under pressure in the later period, and driving may increase slightly due to rigid demand.
At present, the arrival of compound fertilizers in Northeast China is only about 30%, while the products sold by the Federal Reserve only account for about 20%.
The quantity of goods sold in Winter Reserve is very small, mainly due to the sluggish market conditions, the continued decline in raw material prices, and the downstream wait-and-see attitude remains strong.
But on the other hand, it is an indisputable fact that China has a large cultivated area and uses a lot of fertilizer.
When spring plowing arrives, the market will inevitably be a phenomenon of centralized procurement.
At that time, the pressure on the fertilizer market will increase sharply, and the pressure on enterprise production will increase, which will bring many difficulties to the upstream and downstream.
Even so, judging from the current sluggish environment, it is still difficult for the price of compound fertilizer to rebound.
At present, the mainstream ex-factory quotations of compound fertilizers: 45% sulfur-based compound fertilizers are at 2200-2300 yuan/ton, and 45% chlorine-based compound fertilizers are at 1850-2050 yuan/ton.
Market situation: The compound fertilizer market in Henan is slowly moving, with less transportation volume.
Some companies have introduced buy-out prices, but the willingness of distributors to get the goods is still not obvious, the policy is loose, and the companies mainly deal with transactions.
Market outlook: Faced with such a weak fertilizer market, dealers will be more cautious in obtaining goods, and the pressure on compound fertilizer companies will not decrease.
It is expected that prices will continue to fall under pressure in the later period, and driving may increase slightly due to rigid demand.