The head of the price department of the National Development and Reform Commission, said the the domestic spring fertilizer upcoming season. Spring fertilizer this year an abundant supply of resources, prices will remain basically stable.
Development and Reform Commission and the authorities estimated that, during the spring of this year, 34.2 million tons of fertilizer resource supply (pure, the same below), 30.5 million tons of demand for greater than the required 3.7 million tons, an increase of 1.4 million tons, the supply situation is good in the previous year. According to the monitoring of the Development and Reform Commission, in mid-February compared with the same period last year, urea, potassium chloride prices of imports decreased by 0.4%, 2.2%, DAP, three-element compound fertilizer were up 0.8% and 0.9%. Expected during the spring fertilizer prices rose this year will be significantly lower than last year.
Relevant departments have issued a notice, in some areas, such as fertilizer imbalance between supply and demand will promptly put on light storage fertilizer, stabilize abnormal price fluctuations.