The dark market of compound fertilizer market is obviously

Although the offer price of compound fertilizer companies is firm, the atmosphere has declined significantly. In the absence of raw material market support, compound fertilizer companies have issued more policies to lower transaction prices in disguise, ranging from RMB 30 to RMB 70. The compound fertilizer enterprises wait and see the upstream raw material purchases with little transaction volume. Spring sales basically ended, and sales this year were low. Summer fertilizer preparation kicked off, and companies issued policies in succession. The price of corn fertilizer (28-6-6) affected by urea was low, ranging from RMB 1,750-1,850/ton. Compound fertilizer manufacturers generally reflect low sales this spring, with little price fluctuations. On the one hand, the low price of urea occupies the compound fertilizer market; on the other hand, the compound fertilizer dealers are dispersed, and after the railway freight rates increase, the local advantages are highlighted. As a result, the enterprises reduce the volume of foreign goods. At present, some northern companies have introduced summer sales policies, focusing on more sales and more concessions. The mainstream price of compound fertilizers: 45% of chlorine-based compound fertilizer ex-factory price is 1800-1900 yuan/ton, and 45%* compound fertilizer factory quotation is 2150-2250 yuan/ton. In the short term, the support given to compound fertilizers by raw materials is very limited, and rigid demand in spring maintains the dealers getting goods. Various manufacturers are currently brewing summer policies and are expected to be introduced in succession this month.

Market outlook: Spring tillage is over, demand is weak, turnover is weak, and the overall supply of the market is sufficient, and NPK fertilizers are facing greater downward pressure in the later period. The compound fertilizer market is not optimistic, and the preferential policy of the latter manufacturers is about 10-30 yuan.