According to the statistics of China Nitrogen Fertilizer Industry Association, the cumulative urea ex-factory price in January-August 2018 was 1885 yuan/ton, up 327 yuan/ton from the same period last year, an increase of 21%. In September 2018, market prices recovered to around 1900 yuan/ton. In early October 2018, affected by the rising international urea prices, the average domestic urea ex-factory price rose to about 2100 yuan/ton. Later, as the international urea market gradually cooled down, the domestic market also fell back to the level of about 2000 yuan.

4870 sheets 3508 sheets

In 2018, the market demand for water-soluble fertilizers and microbial fertilizers increased sharply, and many enterprises in transition are also increasing these new products. In this year, the number of water-soluble fertilizers and microbial fertilizer registration certificates increased significantly in the Ministry of Agriculture and Rural Areas. The data showed that water-soluble fertilizers (including water-soluble fertilizers containing humic acid, water-soluble fertilizers containing amino acids, water-soluble fertilizers containing a large number of elements, organic water-soluble fertilizers, water-soluble fertilizers containing trace elements) increased from 5900 in 2017 to 1 770; microbial fertilizers (including bio-organic fertilizers, micro The number of microbial fertilizers increased from 5 685 in 2017 to 9 193.

2235.5 yuan/ton

On October 5, 2018, MMTC of India issued urea tender. On November 19, the lowest quotation CFR352.88 US dollars per ton (equivalent to RMB 2235.5 yuan per ton) on the west coast and 356 US dollars per ton (equivalent to RMB 2442.2 yuan per ton) on the east coast were received from 14 suppliers. As a big urea demand country, India has paid close attention to the winning bidding situation after each tender announcement. Because India itself is the lowest bidding strategy, the winning price is basically the lowest price in the international market at that time. In addition, it also reflects the game situation of the market. The game is not only reflected in the winning price, but also in the winning scalar. If the number of successful bidders is low, it means that the price is not recognized by the seller, and the seller sells reluctantly, the possibility of price increase in the future market is high. As a major supplier, urea bidding in India has a greater impact on the urea market in China. Especially in the off-season, when domestic demand is insufficient, and more attention is focused on the international market, urea bidding in India is more attractive, and the willingness of enterprises to participate is relatively high. During the peak domestic demand season, the willingness of enterprises to participate decreases because of no worries about sales. However, compared with the domestic market, if the price is reasonable, the willingness of enterprises to participate will be higher.

40%

Since the zero growth of chemical fertilizers and pesticides was proposed, the Ministry of Ecological Environment and the Ministry of Agriculture and Rural Areas have been pushing forward, and on November 7, 2018, they jointly issued the Action Plan for the Strong Struggle of Pollution Control in Agricultural and Rural Areas. The plan clearly proposes to reduce the use of chemical fertilizers and pesticides, and achieve negative growth in the use of chemical fertilizers and pesticides by 2020. The action plan put forward that by 2020, in rural domestic waste sewage treatment, the basic and conditional areas such as the eastern region and the suburbs of the central and western cities should basically realize the full coverage of the rural domestic waste disposal system, and the areas with better foundation and basic conditions in the central and western regions should strive to achieve about 90% of the rural domestic waste treatment in the aquaculture industry. On the one hand, the comprehensive utilization rate of livestock and poultry manure in China has reached more than 75%; on the aspect of pollution prevention and control in planting industry, we should continue to promote the reduction and efficiency of chemical fertilizers and pesticides. The use of chemical fertilizers and pesticides in major crops in China has achieved negative growth, and the utilization rate of chemical fertilizers and pesticides has reached more than 40%.

22.76 million tons 6.48 million tons

From January to November 2018, China exported 22.76 million tons of fertilizers, a decrease of 1.5% compared with the same period last year, and the cumulative export value was $6.557 billion, an increase of 17.8% compared with the same period last year. Urea exports totaled 1.8 million tons, down 55.0% from the same period last year, while diammonium phosphate exports totaled 7.1 million tons, up 18.7% from the same period last year. From January to November 2018, the cumulative export volumes of potassium sulfate and nitrogen, phosphorus and potassium ternary compound fertilizers were 77,700 tons and 3411,000 tons, respectively. From January to November 2018, the cumulative import of potassium chloride was 6.48 million tons, a decrease of 6.7% compared with the same period last year; the cumulative import of nitrogen, phosphorus and potassium ternary compound fertilizer was 1.34 million tons, an increase of 29.1% compared with the same period last year.

4.15 million tons

With the deepening of marketization, the importance of weak storage of chemical fertilizers has gradually declined. In addition, this year's overall high price of chemical fertilizers, the compound fertilizer market has encountered a cold winter, and the progress of winter storage has reached a deadlock. Poor winter storage means increased pressure on enterprises. To some extent, pressure will lead manufacturers into losses and reduce their enthusiasm for production. In order to ensure the safety of fertilizer supply next spring and avoid the situation of excessive increase in fertilizer prices, on December 13, 2018, the State Development and Reform Commission (NDRC) Economic and Trade Department and the Ministry of Finance commissioned Guoxin Bidding Group Co., Ltd. to issue a new increase in 2018/2019. The tender announcement for the off-season commercial reserve project of chemical fertilizer shows that the off-season commercial reserve of chemical fertilizer is 4.15 million tons. According to the announcement, in the off-season of 2018/2019, the number of commercial reserve sub-regional targets was 85, covering 27 provinces (cities) such as Beijing, Hebei, Shanxi, Heilongjiang, Jiangsu, Guangdong and Guangxi Zhuang Autonomous Region. Among them, the validity period of the task after winning the bid is 2 years, and the storage period in 2018/2019 is January to April 2019. In principle, urea should account for more than 40% of the total amount of the target (i.e. more than 1.66 million tons), and compound fertilizer should not exceed one third.

Zero

On December 22, 2018, after deliberation and approval by the Tariff and Tax Commission of the State Council, and submitted to the State Council for approval, the Tentative Tax Rate Adjustment Program for Import and Export in 2019 (hereinafter referred to as the "Program") was officially promulgated, and the import and export tariffs of some commodities were adjusted as of January 1, 2019. Among them, 94 fertilizer products such as potassium nitrate, potassium chloride (fertilizer grade), potassium sulfate, nitrogen, phosphorus and potassium ternary compound fertilizer, phosphorus and potassium binary compound fertilizer and apatite (phosphate rock) are no longer subject to export tariffs. Since the suspension of export tax rebate policy for urea and diammonium phosphate products in 2004, China's fertilizer import and export tariffs have gone through the process from export VAT rebate to cancellation of export tax rebate, to imposition of export tariffs, and then to impose special export tariffs, which embodies the firm determination of the government to limit fertilizer exports, guarantee domestic market supply and enable farmers to buy fertilizer.

23 items

2018 is a year for further standardization of fertilizer industry. Twenty-three fertilizer standards were revised and newly formulated throughout the year, of which 12 were revised on the basis of the original standards and 11 were newly formulated standards. The promulgation and revision of each fertilizer standard will inevitably attract the attention of relevant enterprises. On the one hand, whether the products used for reference production conform to the national standards or not, on the other hand, when they are higher than the standards, they can also be a bright spot in the promotion of crop products. On January 24, 2018, with the approval of the General Administration of Quality Supervision, Inspection and Quarantine and the National Standardization Management Committee, 12 national standards (full text) for fertilizer products, such as humic acid fertilizer, compound fertilizer, urea, calcium superphosphate, ammonium nitrate, liquid ammonia, compound fertilizer, fulvic acid for agricultural use and stable fertilizer, were officially published and will be formally implemented on July 1, this year. Six standard systems were first published, including Stability Fertilizer, Classification of Humic Acid Fertilizers, Classification of Agricultural Humic Acid and Fulvic Acid Raw Materials and Products, Determination of Phthalate Plasticizer Content in Fertilizers by Gas Chromatography-Mass Spectrometry, Determination of Soluble Humic Acid Content in Mineral Source Humic Acid Fertilizers, and Determination of Free Humic Acid Content in Mineral Source Humic Acid Fertilizers. Urea, Potassium Sulfate for Agriculture, Calcium Superphosphate, Determination of Effective Phosphorus Content in Compound Fertilizer and Liquid Anhydrous Ammonia were revised. Comparing with the original standards, the six newly revised standards are mainly revised as follows:

UreaThe main change is to adjust the total nitrogen, biuret and other indicators. Agricultural (fertilizer) urea quality products should not be less than 46% of total nitrogen mass fraction, water content should not be higher than 0.5%; qualified products should not be less than 45%; and the warning signs containing biuret should be marked on agricultural (fertilizer) urea containers; qualified products should be less than 1.5% of biuret content, and qualified products should be less than 0.9%;

According to the announcement issued by the State Administration of Market Supervision and Administration and the National Standards Committee on May 14 (No. 6, 2018), the newly revised product standards, such as ammonium chloride, potassium nitrate for agriculture, organic foliar fertilizer, potassium magnesium sulfate fertilizer, and the determination of gibberellic acid in fertilizers by high performance liquid chromatography-mass spectrometry, have been newly established since February 2. It will be implemented on December 1, 2018.