In March, cold weather, as the spring fertilizer market, very cool, remember last year at the beginning of March on the occasion of the compound fertilizer has undergone a fertilizer prepared a small climax, and in March this year, the market has been tepid, the majority of compound fertilizer enterprises to take the goods the pressure is very large, so why spring fertilizer market cold?

First of all, the volatility of the stock market is frequent, and the confidence in the downstream preparation of fertilizer is combating. After March, NPK raw materials market suffered cold, Shandong since February 28th, the mainstream factory price of urea 1960-2020 yuan / ton in succession in March 9th dropped to about 1880-1920 yuan / ton, down 80-100 yuan / ton, environmental inspection group in March 10th on the part of enterprises in Shanxi, two rivers and Shandong and other places in check, urea industry operating rate at about 54.9%, the total yield dropped to about 137 thousand and 800 tons, so since March 12th, urea prices rebounded again, but today, Shandong high-end mainstream factory price drop 30 urea to 1900-1940 yuan / ton; weak demand, supply more raw materials on the cost of support is not enough, a price of ammonium in the short term there is still risk continued to decline, individual 55% powder ammonium low-end price has reached 2100 yuan / ton; the same potassium chloride demand, supply, supply low downstream pre sale, the 60% mainstream newspaper red border Price fell to 1850 yuan / ton. The overall raw material prices down, especially urea prices of ups and downs, more blow to the downstream of the prepared fertilizer are sold now to buy psychological confidence, play a dominant role.

Second, the start rate of enterprises has been slowly rising, but the pressure on inventory has increased significantly. The recent impact of "NPC and CPPCC" and environmental protection, the overall compound fertilizer enterprises operating rate rose more slowly, as of last weekend, the average operating rate of most large compound fertilizer enterprises in 5, although started to rise slowly, but the enterprise product inventory has increased obviously, some enterprises in the inventory of 3-5 tons the amount of inventory, and even individual large enterprises up to more than 10 tons, and the market supply to digest, coupled with the recent heavy snow in Northeast preparation fertilizer progress, enterprise product sales is very difficult, so although the arrival of the peak season demand, but for compound fertilizer businesses is entered into a very embarrassing situation.

Finally, the downstream "move without moving", the enterprise can no longer adjust the strategy, stimulate the delivery. Although the overall amount of fertilizer by lower than in previous years to reduce a lot, but later there is still space of stock replenishment, most of the industry not sure post market, so recently has been a part of compound fertilizer enterprises to adopt the strategy of stimulating downstream goods, some steady introduction of Ming Anjiang, preferential policies, in the range of 50-100 yuan / ton, some a direct quote down but it seems that the effect is not obvious, the amount of goods go enterprise does not appear sharp rebound.

Therefore, the compound fertilizer market has not yet fully melted ice, as recently the weather in the northeast, 3.15 has just ended, the market will gradually enter the needs of the occasion, according to the increase in orders China fertilizer on the platform cloud can be seen, the latter will demand have appeared, but compound fertilizer enterprises take the goods will be getting better, but price trend of converting has obviously improved.