Last week (May 30th -6 3), the Chinese chemical fertilizer wholesale price index (CFCI) fell slightly. June 6, cfci 1764.19, chain fell 54.65 point and decline in 3.00%; fell 301.92, decline in the for 14.16%; than the base period fell 614.68, drop for 25.84%. June 6, the Chinese compound fertilizer retail price index (CCRI) 2351.75, rose 11.86 points, or 0.51%; than the base period fell 94.96 points, the decline was 3.88%.
Supply: China market price of urea correction; diammonium market remains in the doldrums, trading was light; potash, market weakness of maintaining stability, a strong wait-and-see atmosphere; compound fertilizer parking overhaul enterprises increased, reduced the supply, some enterprises introduce promotional activities to stimulate the goods to go, the overall market run steady.
Demand: urea, industrial procurement is generally based on the need to buy, the summer agricultural fertilizer started; diammonium domestic market basically stagnant, just north, in the eastern part of China is part of the demand, mainly for corn fertilizer; potash agricultural demand, high inventories, the market is basically in a price no city; compound fertilizer market, corn fertilizer demand entered the stage of completion, the new single transaction turn pale.
The international market: International urea market without good guidance, there have been media reports, as of May 26, the volume of India for the second round of bidding for 135 million tons, which for Chinese goods in about 50 million tons, but this round of bidding price more than front wheel price, about CIF 207 U. s.dollars / ton; local diammonium international market prices continue to decline, the IFA conference to be held, the market waiting for direction; the international potash overall smooth operation, trading slowdown, a strong wait-and-see atmosphere, China potash large single negotiations temporarily the latest progress.
Urea market, increase agricultural downstream the purchase intention, is expected to price short-term consolidation; basic diammonium market into the off-season purchase is expected to short-term market continued weakness, need to continue to pay attention to the international market development; the potash market is expected to short-term price shock consolidation; lack of good compound fertilizer market, recent price or a narrow range of shocks mainly.