Recent (May 7th -5 11), China's chemical fertilizer wholesale price composite index runs steadily. In May 14th, China's chemical fertilizer wholesale price comprehensive index (CFCI) was 2167.68, the ring rose by 0.04 points, up 0%, up 264.17 points, up 13.88%, and 211.19 points down the base period, 8.88%. In May 14th, the Chinese compound fertilizer retail price index (CCRI) was 2440.74 points, with a decline of 6.24 points, 0.26%, and 163.70 points, up 7.19%, and 5.97 points lower than the base period of 0.24%.

Supply situation: in terms of nitrogen fertilizer, the situation of enterprises resumed production increased, and the overall operating rate remained at around 60%. In terms of phosphate fertilizer, the overall operating rate of diammonium enterprises rose slightly to 52%, and the export orders of enterprises in May were already full. As for potash fertilizer, the base product of Saline Lake is 60% powder to 2200 yuan per ton, the daily shipment amount is about 150-200 cars, the port stock is about 2 million 100 thousand tons, and the potash fertilizer in the border trade is sufficient. The overall operating rate of compound fertilizer enterprises rose slightly to 52%, and the enthusiasm of market purchasing increased, and the enterprises resumed more production.

Demand: the demand for nitrogen fertilizer in the south, the demand for fertilizer in the southern region is more, the other areas are manure, and the industrial demand is still available, although the demand for urea procurement is slow in the compound fertilizer plant, but there is still a certain amount of turnover. As far as phosphate fertilizer is concerned, the use of fertilizer for the late spring is basically over. The enterprises are gradually shifting from the domestic market to the export market, and the number of ports is increasing. The number of orders for export increased gradually in June. In terms of potash fertilizer, social inventory is acceptable; compound fertilizer is actively stocked, and demand for potassium chloride procurement is acceptable. In the field of compound fertilizer, the demand for maize fertilizer in Shandong and two rivers is better, the purchasing and stocking of distributors are good, the rice fertilizer in Jiangsu and Hubei and the region of Hubei are not warm, and the whole fertilizer of South market is flat.

International market: the international nitrogenous fertilizer market is generally stable, and the prices in major regions are mixed. The international phosphate market continued to be good. India recently purchased 200 thousand tons of diammonium. The purchase price of China's source of goods was $CFR 429 / ton, and Bangladesh launched 400 thousand tons of diammonium, and the bid was cut off in May 24th. The market of international potash fertilizer is strong, the purchasing price of Southeast Asia market is rising, the standard of Indonesia's standard potassium chloride is 295 US dollars / ton, and the import of India is open to discussion.

At present, the application of fertilizer for spring ploughing is basically finished in China, but the demand for fertilizer is still early in summer, but the demand for fertilizer is continuing to rise. The demand for urea procurement in the compound fertilizer and rubber plate factory is declining, but it is still continuing to purchase; under the influence of the factors such as poor demand and environmental protection, the start rate of the domestic fertilizer enterprises is kept at a lower level; the international nitrogen fertilizer market is weak and the phosphate fertilizer market is weak. The field is strong, and the export demand for phosphate fertilizer is better than nitrogen fertilizer. It is expected that the price of urea will be slightly higher or stable, and the price of ammonium is not much more likely to rise. Potassium chloride market is affected by factors such as increased supply and strong international prices. The compound fertilizer market is stabilized by raw material prices and the demand for fertilizer in the summer is better. The price is generally stable.