Recently, the price of compound fertilizer has risen steadily and slightly, mainly in the part of high nitrogen fertilizer. This week, the price of compound fertilizer has risen by 30-60 yuan (ton price, the same below). The compound fertilizer market in the northern region is quite active, especially in the three northeastern provinces. At present, the grass-roots fertilizer use in Liaoning Province has started. Heilongjiang Province will also enter the sowing stage in May. This makes the number of compound fertilizers sent to the northeast by the local compound fertilizer enterprises more recently. It is known that the distributors at the municipal level have stored part of the compound fertilizer in the early stage, and the supply of the compound fertilizer has begun to gradually spread to the grass-roots distribution in the Shang. From this, we can see that the current stage is mostly the production and marketing stage of compound fertilizer enterprises. For some enterprises, the purchasing intention of raw materials has gradually weakened, and appropriate replenishment is the main stage.

The purchasing situation of different raw materials is analyzed as follows:
Urea: After the Qingming Festival, the price of urea dropped by tens of yuan, but in recent days urea prices have rebounded again, especially in the main urea producing areas of Shandong and Lianghe. At present, the urea receiving price of Linyi compound fertilizer enterprises in Shandong Province has rebounded by 2060 yuan or even higher, and the high price transaction is less, but not no transaction. The main reason is that the compound fertilizer enterprises have been using urea along with the picking up of urea in recent years. At the stage of high nitrogen fertilizer production, the amount of urea is more, so the enthusiasm of urea purchasing has increased recently. Even if the price rises, the amount of urea will be replenished appropriately, but the quantity is not large。

Ammonium monoammonium: Recently, the market of ammonium monoammonium has improved, the price has risen, the stock of enterprises has basically been exhausted, and some enterprises have yet to issue orders to implement. Therefore, orders are limited or suspended. At present, 55% of the large factories of ammonium powder actually leave the factory near 2050 yuan, while the small factories remit 1960-1970 yuan. The recent quotation of Sichuan large factories has risen from 1950 yuan to 2050 yuan, and orders are suspended. In recent years, compound fertilizer enterprises believe that the purchase price of ammonium has basically reached the bottom, and ammonium factories are eager to consume inventory, the price is low, and the purchase risk should be small. Therefore, the purchasing intentions of enterprises have increased, and large and medium-sized compound fertilizer enterprises around the world have purchasing plans of tens of thousands to tens of thousands of tons in the near future. But we have to worry about the high demand for phosphate fertilizer in August and September, the early consumption of late hard demand and low transaction price, so that the purchasing intention of compound fertilizer enterprises in May and June should not be large.

Potassium chloride: At present, the price of 60% Dahong granular potassium and 62% white potassium in the Bayuquan Port has decreased slightly, mainly due to the reduction of the procurement demand of mixed fertilizer enterprises in Northeast China, which has been appropriately reserved in the early stage. At present, only a few enterprises need 60% or 62% potassium chloride to make up the right amount. Since the price adjustment of domestic potassium chloride in salt lakes at the beginning of this month, enterprises have also gradually come to the factory for purchase orders on demand. The demand for potassium fertilizer in compound fertilizer enterprises is general, and there should be no large purchasing intention in the short term.

In summary, the present stage is mainly the production and delivery stage of compound fertilizer enterprises. There will not be a large number of centralized purchasing plans for raw materials of nitrogen, phosphorus and potassium for the time being. We should prudently purchase according to the start-up, sale and inventory of enterprises themselves, and make up the warehouse appropriately.