First half of 2011, Chongqing City, the main fertilizer prices rose steadily, which, the average price of 2.23 yuan to the home of urea / kg, rose 9.52%. Ammonium bicarbonate to the home price 0.82 yuan / kg, rose 8.35%. High concentrations of fertilizer to the home price 3.09 yuan / kg, rose 5.22%; low concentration fertilizer to the home price 1.63 yuan / kg, rose 4.95%. SSP home price 0.71 yuan / kg, rose 4.16%.
China's domestic fertilizer prices are mainly due to more stable production and stability, while China's liberalization of the fertilizer business channel, full market competition to stabilize fertilizer prices play a role. However, due to international oil and commodity prices, fertilizer, pesticide, agricultural plastic film and other agricultural goods prices rise in the formation of a larger thrust, while domestic prices, by rising production costs, labor costs and logistics costs of fertilizer prices and other factors, especially the Spring fertilizer demand season, making fertilizer prices rose steadily.
Fertilizer prices in the latter part of the main prediction: the price of fertilizer by the season, the cost of production, reserves, capital, transportation and other factors affect the larger, if the latter part of the reserve bank interest rate policy is to continue, increasing the cost of fertilizer production and logistics costs are still high, then fertilizer prices will not drop the second half of space, but in the second half and will be at a relatively late fertilizer sales season, weakening demand, upside is limited, so the second half and late fertilizer prices will remain stable trajectory of the current price run.