Ministry of Agriculture: Last week the domestic fertilizer market is generally stable
Sources said the Ministry of Agriculture website Thursday last week (February 10 - February 14, 2006), the domestic fertilizer market is generally stable. February 17 Chinese fertilizer wholesale price index (CFCI) was 2028.85 points, up 0.69 points, or 0.03 percent; than the base period fell 350.01 points, or 14.71 percent.
From February 15, the average price per tonne kilometer rail freight increase 1.5 points, which still enjoy preferential tariffs fertilizer, fertilizer freight tonne kilometers 0.0976 yuan by the adjustment of 0.113 yuan, an increase of 1.54 points. The freight increases, for long-distance transport of fertilizer companies, the cost of adding more.
Currently the market is slow to start plowing, market stocking enthusiasm is not high, the domestic fertilizer companies operating rate at the same time gradually restored. Relatively late to prepare adequate nitrogen fertilizer, the spring market price pressures still exist, while phosphate and potash market is steady to good running posture.