In August 2018, the main raw material market of compound fertilizer was strong. Urea was boosted by downstream factory stock and other factors, the market speculation warmed up, prices hit bottom rebound. As of August 20, Shandong small particle factory 1950-1970 yuan / ton, Linyi delivery price in 2010-2020 yuan / ton, up 130-140 yuan / ton from the same period last month. Phosphate fertilizer market narrow adjustment is obvious, due to export orders, start-up rate, raw material costs and other factors, diammonium maintained a small upward trend of volatility; but ammonium by the downstream demand is weak, price upward momentum is insufficient, part of the new orders are still yielding signs, 55% of the factory in Hubei Province more than 2200-2150 yuan / ton. Although the potash fertilizer market has not signed a large contract, but the price is rising trend, and with the reduction of spot inventory, traders intend to offer strong, part of the offer continued to rise. Now the port Russia white 62% is 2320-2350 yuan / ton, Saline Lake 60% arrives at 2200 yuan / ton. Potassium sulfate, market volatility is not big, the South by tobacco bidding and other factors, slightly better shipping, of which 52% Luo Potassium powder to stand 3000-3050 yuan / ton.

Taking urea 45% CL3 * 15 as an example, the raw material cost is about 1810 yuan / ton, and the production cost is 300 yuan / ton. The operating cost of urea 45% CL3 * 15 is about 2100 yuan / ton, up 2.34% from last month. This month, with the advance of enterprises, the cost of raw materials increased, partial concessions were cancelled, and prices increased slightly. If the factory price of 45%cl3*15 is 2100 yuan / ton, the profit margin of the company is 0.48%. The increase in enterprise costs this month was mainly affected by the rise of urea and potash fertilizer.

In late September and even in the past, the main raw materials of compound fertilizer were mainly stable and narrow. Urea is affected by environmental protection, start-up rate, demand and other factors. Prices are mainly adjusted by fluctuations, although there is a drop in expectations during the period, but the extent or not; Phosphorus fertilizer market fluctuations are relatively limited, subject to cost and demand constraints; Potassium fertilizer market continues to run high probability, focusing on large contract prices and environmental protection and other factors.

At present, the compound fertilizer market is generally delivered, and the season as a whole postponed, so shipment in September can not be underestimated; at the same time, affected by raw material costs, environmental protection, plant start-up and other factors, enterprises have a strong intention to price, not excluding low-end price increases. However, demand is weak, and some parts of the autumn demand will gradually enter the latter stage, which will suppress the market. Overall, it is expected that the domestic compound fertilizer market will be strong in recent years and local shocks will be adjusted.