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At present, excepting Jiangshu, Sichuang, Chongqing and so on regions, many regions of China autumn planting has finished so fertilizer sale has been to a dead season.
According to the report from dealers, in recent days, northern China will go to a heating season so coal price begins rising. This makes carbamide manufacturers production cost rise. Additionally, transportation costs increase makes carbamide price generally rise by 30-50 yuan at the end of October and the beginning of November. Owing to export and cost influence, carbamide price won’t decrease in a short
Price trend of compound fertilizer is like with carbamide’s. Owning to raw material price increase, many compound fertilizer manufacturers have increased their factory price by over 100 yuan at the end of October and the beginning of November. It is forecasted that compound fertilizer price will keep wandering in high price level.
Successive increase of fertilizer price has brought much press to dealers’ winter storage. But it makes dealers more worried that high price fertilizer will produce bad influence to next year fertilizer market.
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