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Fertilizer market trend of differentiation
Source:China Fertilizer Network   Time:2015-06-09   Read:495second  

June 1 Chinese fertilizer wholesale price index (CFCI) to 2066.46 points rose 5.20 points, or 0.25%; rose 162.70 points, or 8.55%; than the base period fell 312.41 points, down 13.13%.

Availability: domestic urea utilization rate rose slightly diammonium enterprises operating rate unchanged from last week. Domestic potash, production continues to increase, but demand is still poor; port potash, potash fertilizer to small boat harbor near future, in addition to the current positive sales season, traders simply wait for the market outlook is very price; border crossings potash prices, although down slightly from the previous month, but scarce supply. This week the domestic anthracite steady overall weak market run mainly weak downstream demand; sulfur market overall consolidation, waiting to see a strong atmosphere; domestic phosphate rock market trading atmosphere was light, the overall price continued to stabilize.

Demand: the traditional peak season prepared fertilizer corn continue to advance, there are some agricultural fertilizer market demand gap; fertilizer market for the better, on the upper reaches of nitrogen, phosphate and potash demand increased.

GLOBAL MARKETS: nitrogen, affected by the impact IFA conference, the international market price later there is still room to rise, Pakistan released new information on the tender offer, the Brazilian market demand emerged. Phosphate, the international fertilizer market overall was quiet, the world's major port of price stability; potash, China and India have signed a large single potash, has now entered a period of supply, Southeast Asia is still in another replenishment.

International urea market purchases increased demand, the domestic agricultural market there is a certain demand for urea, urea is expected in the short term prices will continue upward slightly; Phosphate, the raw material markets as a whole stable of diammonium price support weak, but relatively abundant export orders are expected in the short term diammonium prices mainly steady; Potash, Salt Lake Potash cheap price close to last year level, cross-border trade through cargo potash instability, relatively strong market hold above see atmosphere, it is expected to post price potash market or downward possible.

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