Last week (January 29th, 2 -2 months), China's chemical fertilizer wholesale price comprehensive index continued to run steadily. In February 5th China fertilizer wholesale price index (CFCI) for 2191.94 points, down 3.94 points, or 0.18%; rose 242.16 points, or 12.42%; than the period fell 186.93 points, or 7.86%. In February 5th Chinese fertilizer retail price index (CCRI) for 2471.03 points, down 11.31 points, or 0.46%; rose 152.69 points, or 6.59%; than the base period rose 24.32 points, or 0.99%.

Supply: as for nitrogen fertilizer, the overall operation rate of urea enterprises is about 46%, and the start-up rate of gas enterprises is still less than 20%. The shortage of natural gas supply is severe. In terms of phosphate fertilizer, the total operation rate of diammonium phosphate is maintained at 49%, the price of raw materials is high, and the cost pressure of enterprises is bigger. Potash, potassium chloride 60% Saline Lake station price of 2150 yuan / ton, production decline, increasing pressure on the port of potash Sinotrans; small procurement; border potash supply is tight spot. In terms of compound fertilizer, the overall construction rate of the enterprise fell to about 40%, and the enterprise shipment slowed down and the stock increased.

Demand: the Spring Festival approaching, the overall demand for the domestic fertilizer market increasingly light, new orders for poor turnover, the market price stable Ming Anjiang, low turnover has improved; the primary market weak demand for fertilizer; fertilizer and preparation dealer inventory pressure, market sentiment is still strong, replenishment intention is not active; downstream compound fertilizer factory on-demand procurement urea, potassium chloride etc..

International market: the demand for the international nitrogenous fertilizer market is improving. Buyers continue to purchase the supply of goods in the 2-3 month, and the supply of large granular urea is tight, which is boosted by the sharp decrease of China's export volume. The price of the international phosphate fertilizer market is strong, and the price continues to go up slightly. The market of international potash fertilizer is stable, the demand of Southeast Asia is strong and the price is rising slightly.

The Spring Festival approaching, domestic demand gradually purchasing agricultural stagnation; fertilizer production enterprises due to a shortage of raw material, raw material prices, weak market demand and other factors, but the overall stability of the overall operating rate fell significantly; because of rain and snow weather with the Spring Festival approaching, railway road transport pressures continue to increase; the NPK market is firm, but weak export demand. Later, the price of urea and diammonium will continue to be stable. Potassium chloride market is affected by international prices strong, slightly tight supply factors such as price or continue to run high; compound fertilizer market by raw materials prices strong, the latter price or will generally run steady.