Last week (November 14th -11 18), the Chinese fertilizer wholesale price index (CFCI) continued to rise. In November 21st Chinese fertilizer wholesale price index (CFCI) for 1774.57 points, up 22.40 points, or 1.28%; fell 209.69 points, or 10.57%; than the period fell 604.30 points, or 25.40%; November 21st Chinese fertilizer retail price index (CCRI) for 2217.94 points, up 25.71 points, or 1.17% Bikey; period fell 228.77 points, or 9.35%;
Supply: urea market, the upstream raw material prices remain high, the cost of production costs, the overall operating rate continued to low, the market supply is tight, prices continue to rise. The overall operation of DAP market is stable, but the upstream raw materials of sulfur, ammonia continued high prices, trains trucks prices, the cost of supporting factor is obvious, enterprise very price will increase, but the downstream acceptance is not high, the overall turnover of no significant fluctuations. The potash market because of poor transportation, business sentiment was reluctant to sell, prices rose steadily. Compound fertilizer market driven by the raw material market, coupled with the tight transport capacity, freight rose, the market bullish atmosphere, the production companies operating rate increased slowly, prices rose slightly.
Demand: urea market, the downstream agriculture to maintain a light situation, the slow increase in industrial procurement, part of the supply port. DAP downstream demand remained sluggish, although the manufacturers will increase, but the willingness to accept the weaker dealers play money to take the goods, lower enthusiasm. Potassium chloride downstream demand is insufficient, the dealer to hold the wait-and-see mood. Compound fertilizer market, the dealer is still waiting to see the mood, but make money to take goods more positive than the earlier.
International market: International urea prices continued to rise, the formation of good China Urea Export; international DAP market prices were mixed, the prices of export prices rose slightly Chinese ammonium potassium chloride; international smooth operation of the market, trading market slowdown, prices stabilize fluctuation.
At present, most enterprises can advance urea enterprises, shipping enterprises have no pressure, very price mentality is still strong, is expected in the short term price of urea is still up in space. DAP weak demand downstream currently still in wait-and-see mood, the factory intends to price increases, but the short term downstream to accept, prices are still expected to stabilize. In terms of potash fertilizer, domestic potash stock is large, but the market has not improved transport situation, the market bullish atmosphere, is expected in the short term price will enter a stable period. The compound fertilizer of winter storage started slowly, in raw materials prices rose sharply pulled down, try a few enterprises increase, but the turnover is limited, is expected to post with winter storage in advance, or demand will be improved, prices will rise.