Fertilizer postponed for the current spring plowing result in urea prices continued to decline in the status quo, China Nitrogen Fertilizer Industry Association Market Trade Commission held an emergency meeting in Beijing on April 15. Conference Initiative nitrogen fertilizer production enterprises should be a rational organization of production, reasonable pricing, consciously abide by the WTO trade rules, common stable urea market.
The meeting held that since March, by the snow and the southwestern region of the northeastern region effects of drought, spring fertilizer delayed, resulting in the urea market slow-moving, prices continued to decline. However, the spring rigidity fertilizer demand is still with the start of spring, the market will gradually stabilized. Majority of the urea production and distribution companies should strengthen cooperation to stabilize the market, to tide over the crisis.
Spring fertilizer supply to stabilize the urea market, and promote the orderly conduct of the meeting issued the following initiatives: First, the nitrogen fertilizer production enterprises rational organization of production according to the market situation, in the case of sluggish sales should pay attention to adjust the production load, reasonable arrangements for equipment maintenance to prevent excessive production of cause undue waste resources and energy; nitrogen fertilizer production enterprises in the development of prices should fully consider the circulation enterprises, especially short storage capacity of enterprises to develop a reasonable price to protect the enthusiasm of the wholesale and retail businesses ; nitrogen fertilizer production enterprises and export enterprises should consciously abide by the WTO trade rules, put an end to foreign dumping below cost, to avoid unnecessary trade friction.
It is reported that PetroChina, CNOOC of China, Shanxi Coal, Hubei Yihua, Luxi Chemical, Sinochem Fertilizer six chairman of the unit attended the meeting.