In mid March, the spring in the air more and more concentrated, all with the warming climate gradually back to life. The fertilizer market, the market price of urea ammonium unsatisfactory, striking one snag after another, "the long-awaited" spring fertilizer market is still a continuation of the winter storage market weakness, tepid, slightly weak. Generally speaking, the release of the downstream demand in the spring will break the deadlock in the market, and the compound fertilizer market is still not coming to a real spring.

First, price. According to fertilizer network understanding, as of last weekend, the mainstream nationwide 45% chlorine based GM products ex factory price is 1950-2100 yuan (ton price, the same below), the mainstream 45% sulfur based GM products ex factory price is 2300-2500 yuan, the high-end prices were lower than that of last week was 50 yuan and 70 yuan. Winter occasion, fertilizer prices continue to rise and remain high, and now the spring market has started, the price is flat, the reason is raw material price shocks down, although the price of urea is still high, but the price has repeatedly declined, the price is falling ammonium; two is a small number of enterprises for sell smooth, finished goods inventory pressure, have to suck, digest inventory. The cost of enterprise production has been reduced, and the pressure of inventory is increasing, so the price of compound fertilizer can be retreated.

Second, demand. After the Lantern Festival, most parts of the spring with the fertilizer market has started, although near the fertilizer season, but the grass-roots enthusiasm is still a general fertilizer preparation, cautious wait-and-see attitude is more intense, the reason is because at this stage has not yet reached the best purchase opportunity, to the northeast area as an example, the spring sowing time is usually in early May. From the current fertilizer season is still nearly two months, the grass is early spring preparation activities, mostly inquiry, not a lot of purchase; two is the fact that in recent years the rapid development of chemical fertilizer market, production capacity far exceeds the actual demand for fertilizer, and the upstream enterprise, abundant and diverse types of products therefore, the grassroots do not worry about the late "no goods can be bought"; three is the recent fertilizer prices slightly downward trend, various preferential policies for enterprises in land In addition, the downstream market is still waiting for a relatively reasonable price and moving in time.

Third, supply. According to the Chinese fertilizer network, as of the end of last week, the overall average construction rate of the national large compound fertilizer enterprises was about 49%, 2 percentage points higher than the previous week. Thus, although the spring market has already started, but compound fertilizer enterprises operating rate has not improved significantly, one reason is "NPC and CPPCC recently held, in some areas to ensure the environmental quality standard, the production of chemical enterprises of varying degrees of restrictions, unprecedented efforts; two is a Shandong not long ago influence of enterprise production safety accidents, many activities safety checks on the existence of security risks of enterprises were shut down for rectification; three is the north end of the heating season yet, even the latest local area will continue until the beginning of April, in order to maintain air quality, local environmental situation is still grim.

To sum up, prices steady fall, demand release retardation phenomenon reflects the market downturn, and continued low started on the fertilizer price did not form a strong support, so the current compound fertilizer market has not entered the real spring season. With the clear and relevant policy of the product price of most enterprises, it is expected that after the late March, the compound fertilizer market or the long expected spring is ushered in.