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With the Spring Festival approaching, people have begun to prepare for the new year's commodities. The fertilizer market seems to have little change, but we should take precautions. Will the urea price trend be warmer after the Spring Festival in 2020? Will the market of compound fertilizer get better? Compared with the two, which fertilizer market will be more optimistic?
First of all, urea prices are bound to rise and fall, and it is unlikely to improve in the short term after the Spring Festival. The annual flavor of the grass-roots level is relatively heavy, and the year is usually finished after the Lantern Festival, so the possibility of a large increase in urea demand in the short term is unlikely, especially in the festival atmosphere, most urea enterprises are poor in delivery, while the operating rate remains high, so there is little hope of a large increase in price in the short term, but it is expected that with the gradual arrival of spring demand, the delivery of urea in the later period may usher in a small amount Good market.
Secondly, the low-level start-up of the compound fertilizer enterprises, and the delivery is still flat. In the near future, only a few parts of Shandong Province have started sporadically, and the local compound fertilizer products are moving underground, but the market digestion is still relatively slow. After all, the spring festival atmosphere is still strong, especially in the northeast, most dealers will open to the market after the 15th day of the first month, when the market demand will gradually appear, especially in Shandong, Lianghe and Northeast China, which will increase in March It's a month of demand. It has been mentioned in the previous article that the downstream fertilizer reserve is about 30-40%, and there is still a large amount of demand space to start in the later stage, and most of the general-purpose products of compound fertilizer are close to the cost line. If there is no big change in the raw material market, the market of compound fertilizer will still be stable, moderate and narrow in the later stage.
once again, the start-up of compound fertilizer enterprises is limited, while the daily volume of urea is still running at a high level. Before the Spring Festival, there was severe haze in some areas, and the start-up of compound fertilizer enterprises in Shandong, Jiangsu, Hebei and other areas was limited. In addition, the demand during the new year was light. Most of the compound fertilizer enterprises shut down their equipment, gave their employees a holiday in advance, and the production start-up rate was running at a low level. At present, the start-up of compound fertilizer enterprises is still around 40%, and the inventory pressure of most enterprises is not large. Before the Spring Festival, the daily output of urea enterprises has reached 138000 tons, which is not low, and the demand of urea market is relatively light. In comparison, the market of compound fertilizer in a short period is slightly better than that of urea.
finally, in the spring fertilizer market, urea and compound fertilizer are "one glory, one damage and one damage.
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