Recently, the quotations of urea enterprises in many places have continued to rise. At present, urea is mainly rising, with only a few minor adjustments. The high receiving price of urea by compound fertilizer enterprises in Linyi area has decreased slightly, at 3230-3270 yuan (ton price, the same below). The industry mostly waits for the number of bidding in India, so as to further guess the number of winning bids in China and other factors, which leads the trend of domestic urea to a certain extent, although there is resistance in some downstream markets, However, the new orders of urea enterprises are still being traded, and the factory has a large amount to be issued. Even if there is resistance in the later stage of the downstream, it is difficult for the urea price to decline significantly in the short term. Compound fertilizer enterprises will replenish their inventory on demand in the near future, but up to now, the price is relatively high and it is close to the bid opening in India. Enterprises should wait and see for the moment. Enterprises with sufficient confidence in urea should have purchased an appropriate amount of urea and wait for the factory in the near future.

Compound fertilizer enterprises have always been in a dilemma in the past two years. Even if the cost continues to rise, the enterprise still hesitates to increase the price, mainly because the downstream does not accept the price increase. At present, the ex factory quotations of 45% Cl (15:15:15) and 45% s (15:15:15) are 3600-3700 yuan and 3800-3900 yuan respectively, and there are also higher quotations, but the downstream does not accept it very much. In fact, there are many orders to be issued by compound fertilizer enterprises, which can generally be implemented until June, Therefore, in the case of unstable raw material market, they are unwilling to accept new orders. The summer fertilizer market ended in May. Although the late autumn fertilizer market will not start earlier, the industry is expected to be better, and is optimistic about the late market. In addition, the raw material market is unstable and still rising, so it pays more attention to nitrogen, phosphorus and potassium.

In the recent stage, compound fertilizer enterprises also pay more attention to the raw material monoammonium, and the quotation of Monoammonium continues to rise. At present, the high-end factory quotation of 55% powdered ammonium has been at 4300-4500 yuan. If you accept this higher price, you may get a small amount of Monoammonium. However, the enterprise has limited ability to receive new orders, there are many waiting to be issued, and there are many orders not received at present, which makes the spot of Monoammonium in the market less. Because of confidence in the later stage, traders are also reluctant to sell, Some compound fertilizer plants have foresight in the early stage. They have successively purchased some monoammonium in the middle and early April. With the price rise of Monoammonium, they will also store goods appropriately in succession. However, some compound fertilizer enterprises still have demand due to the limited orders received by monoammonium enterprises. Recently, some compound fertilizer enterprises that have not been purchased in the early stage are ready to take goods, but it is not easy to get a suitable source of goods.

The supply of potassium chloride is indeed tight. The price of imported potassium is high. The mainstream quotation of 62% white potassium is 5300-5350 yuan. The transaction reference should be around 5300 yuan. It is difficult to find the supply of lower price, but it is difficult to sell at high price and buy at low price. If there is a large demand in the downstream, it is difficult to get so many supply even at high price. The potassium chloride market is really a little high, but not low. Recently, it is a small off-season. There is not much demand for procurement by compound fertilizer enterprises. Procurement will still be based on demand. In case of appropriate price, appropriate supply and appropriate reserve can also be used. For potassium sulfate, the recent price rise momentum is stronger than that of some time ago, but the purchase demand of compound fertilizer enterprises is still small, and the transaction price is still temporarily maintained at the early level.

To sum up, the raw materials of nitrogen, phosphorus and potassium are mainly upward, at least not greatly reduced in the short term. Although the raw material cost of compound fertilizer is high, it still needs to be purchased, and some industries have confidence in the autumn fertilizer market. It is expected that compound fertilizer enterprises will still pay more attention to raw materials in the short term and purchase on demand.