Recently (October 9th -10 13), due to the continuous rise of China's urea wholesale price index and China's diammonium phosphate wholesale price index, the comprehensive index of China's fertilizer wholesale prices continued to rise for five weeks. In October 16th China fertilizer wholesale price index (CFCI) for 1984.77 points, up 12.44 points, or 1.65%; rose 309.95 points, or 18.51%; than the period fell 394.10 points, or 16.57%. In October 16th Chinese fertilizer retail price index (CCRI) for 2267.48 points, up 6.75 points, or 0.30%; rose 81.62 points, or 3.73%; than the period fell 179.23 points, or 7.33%.

Supply: in terms of nitrogen fertilizer, the overall operating rate of urea enterprises is maintained at 56%, of which the gas head enterprise operating rate is maintained at 58%; the strong price of coal and the tight supply of natural gas support the cost of urea. Phosphate fertilizer, diammonium phosphate enterprises overall operating rate remained at 57%, the enterprise to supply pre export prepayment orders and a small amount of winter storage orders. In terms of potash fertilizer, the price of Saline Lake is stable, and Qinghai's early repair factories have not yet started, the supply of goods is less, the shipment is not smooth; the demand for potassium in ports is relatively light; the border trade potash fertilizer market is fair. The compound fertilizer market enterprise overall operating rate fell to about 40%, because the autumn fat off, part of the enterprise production maintenance.
Demand: in terms of nitrogen fertilizer, the domestic industrial and agricultural purchasing demand is weak; the international market demand is relatively strong; India bidding procurement is favorable to the export market. Phosphate fertilizer, fertilizer for basic domestic fall off, winter wheat in North China because of the rain delayed; export market orders have been booked in October, companies continue to export goods, export FOB price at $360 / ton. In the aspect of potash fertilizer, the purchase of the compound fertilizer enterprises in the autumn is basically ended, and the demand for potassium chloride is weakened. In the field of compound fertilizer, the market is in the empty window of the end of autumn fertilizer and the winter storage has not yet started, and the demand is generally weak.
International market: the supply of international nitrogen fertilizer market is tight, demand is brisk, the price is rising; in October 14th, India RCF company does not quantify the specifications of urea import tender, sailing date to November 30th. Demand for international phosphate fertilizer market is brisk. The international potash fertilizer supply continued to be tight, and the suppliers had a strong willingness to pay. The total potash production in the first half of 2017 was about 35 million tons, an increase of 16% over the previous year.
At present, the domestic fertilizer market demand, fall fat gradually off, while the winter storage market has not yet started, the overall market demand is weak. In terms of supply, the chemical fertilizer industry started at a relatively low level; coal, sulfur and synthetic ammonia prices continued to rise, coupled with the tight supply of natural gas, the formation of favorable support for chemical fertilizer costs. For export, the export situation of nitrogen fertilizer and phosphate fertilizer is better, and the export price is firm. Urea and diammonium phosphate or the market will continue to firm; potassium chloride market supply, demand and price is strong international influence, the overall price of loose, little downside; compound fertilizer market by raw materials prices of urea, ammonium support, the latter price or will continue to firm.