One week before the Spring Festival (February 1st -2 5), the Chinese fertilizer wholesale price index (CFCI) fell slightly. On August 2, cfci for 1838.50, chain fell 50.07 point, a decrease of 2.65%, fell 165.76 and decline in the is 8.27%; than the base period fell 540.37 and decline in was 35.71%. On August 2, the Chinese compound fertilizer retail price index (CCRI) 2413.28, the chain fell 8.37 points, decline in 0.35%; than the base period fell 33.43 points, a decrease of 1.37%.
Supply: the domestic chemical fertilizer market in order to maintain stability. Urea local areas go smoothly, the price is small rise. DAP market light trading. K, the market downturn, trade goods generally K. Compound fertilizer, the mainstream price of winter storage is still uncertain.
Demand: urea market gradually began to pick up, downstream prepare manure is positive, the manufacturers take the goods smoothly; diammonium market, trading was light, reflect the downstream demand has no; potash demand not flourishing, middlemen buy intention is relatively low; compound fertilizer for winter storage progress backward than in previous years, the Northeast demand larger, but other areas demand bleak.
The international market: International urea, parts prices rose slightly, FOB China steady; substantial decline in most of the area of the international price of diammonium; potash, concussion glides, trading in the doldrums.
Domestic urea market Spring Festival reserves start, in the case of the price of the market is expected to rebound. Phosphate fertilizer, is expected to start after the holiday market fertilizer, trading will be gradually active; potassium fertilizer supply is adequate, difficult to digest inventory, prices before the holiday to keep steady consolidation, the festival does not exclude the decline is likely to; compound fertilizer raw materials to support the weak, lack of demand, weak prices.