Since March this year, by the fertilizer overcapacity, the international urea prices continued to decline, down coal prices and other factors, Anhui fertilizer prices continued to decline.

According to Anhui price monitoring shows that in mid-August, Anhui domestic urea, ammonium bicarbonate, NPK retail price per kilogram were 1.98 yuan, 0.73 yuan, 2.54 yuan, respectively, compared with the decline in mid-July 1.98%, 1.35%, 1.17%, respectively, compared with the early March fell 11.61%, 3.95%, 7.3%, respectively, compared with the same period last year dropped 14.66%, 5.19%, 13.31%.

Experts predict that short-term fertilizer market in general will remain in oversupply, fertilizer prices will remain vulnerable to decline.