The main body of fertilizer market is showing a downturn

Sinochem New Reuters reported that the price of urea has dropped steadily, and the current national urea price gap has been relatively small. Some urea-producing areas have relatively large outbound resistance, while the local market has no centralized demand, so the sales pressure will not be significantly relieved in recent days. The main epidemic may continue to remain stable and fall.

In the Central Plains region, the period of returning green and fragrant fertilizers to winter wheat was dispersed, and the fertilizer use in many areas in Henan had already ended. There were still many areas in Shandong and Hebei that were not yet started due to the low temperature drought, and the recent weak market sentiment dampened the market sentiment. The mentality of being sold is more obvious. The overall transaction in Shandong, Hebei, and Henan remained unsatisfactory. Despite the strong willingness of big companies to price, it was difficult to change the market. The actual transaction price still fell. At present, the mainstream factory price in the above regions is between 1980 and 2020 yuan (t price, the same below). The actual turnover has dropped to 1950 to 1980 yuan, and there are few large single transactions, and the pressure on manufacturers is still increasing. The mainstream factory price of urea in Dazhou, Shanxi is still 2,000 yuan, and the price of large granules is 2,050 yuan. The overall production starts are basically normal. Only a small number of small plants that had previously been discontinued have not yet resumed production. The products are still outsourced, and the transaction performance is generally fair. The mainstream factory price remains basically stable, but the actual transaction price has declined slightly.

The price of urea in Jiangsu Province has also been reduced by the influence of the North. Currently, the mainstream factory price is about RMB 2030, and the lower end is RMB 1980. The actual transaction in Anhui Province fell to 2,000 yuan, but due to the implementation of orders for relief fertilizers, the sales pressure of urea manufacturers in Anhui Province is temporarily small.

In the Northeast and Inner Mongolia, the urea market started slowly, and the mainstream price remained stable compared with the previous period. The northeast factory price was 2000 to 2050 yuan.

The urea market in Hubei is basically stable, with quotes ranging from 2030 to 2050 yuan, and large particles quoted at 2,100 yuan. Recent downstream reception conditions are acceptable, and some manufacturers have received orders until the end of the month. The demand for local industrial users increased slightly, and some of the company's products were sent to Jiangxi and Hunan. The market price of urea in Hunan is basically stable. The local urea company's factory quotation is about 2100 yuan, and the actual transaction price is 2060 to 2080 yuan. The company is mainly based outside the Guangdong market, and the current arrival price is between 2130 and 2150 yuan. The wholesale market quotation is 2,100-2,120 yuan. At present, Hunan production enterprises are operating normally.

For the March market, the industry mainly hopes that the market in the northeastern region will start and the state will check the implementation of the light-storage mission.

The smooth market for diammonium-based diammonium started to show slow progress, and the grass-roots market has still not started effectively. Dealers' purchases are not positive, and they hold a wait-and-see attitude toward the market. With the gradual abundance of volume in the Northeast market, companies have also begun to turn their attention to North China, East China and other major winter wheat production areas. In the later stages, shipments will be concentrated in these areas. According to the market situation in previous years, the sales of spring and autumn fertilizers have already begun. However, this year has been affected by various factors and has yet to enter the peak season. Sources of goods are still in the hands of wholesalers. Only Liaoning, Jilin, Xinjiang, eastern Inner Mongolia and other regions have started to purchase a small amount of fertilizers one after another. The overall market tends to be flat. Although most dealers are optimistic about the market outlook, farmers still do not show signs of buying fertilizer. Manufacturers continue to be optimistic about the market. Individual companies have indicated that they will increase prices, but whether they can be adjusted will take time to test. From the price point of view, the current 64% content factory price stable at 3200 ~ 3300 yuan, the market wholesale in 3520 ~ 3650 yuan, individual brands in more than 3650 yuan; 57% of the mainstream factory price of DAP 2850 ~ 2900 yuan.

Although the prices of monoammonium and other raw materials were even higher than those before the holiday, compound fertilizers did not receive upward momentum from rising raw material prices. Although individual companies slightly increased their quotation, the market reaction was flat and continued. The downturn made most companies have to postpone the price increase plan. At present, the domestic mainstream prices for compound fertilizers remain stable. The ex-factory prices for 45% chlorine-based compound fertilizers range from 2,400 to 2,450 yuan, and that for 45%* compound fertilizers ranges from 2,650 to 2,700 yuan. From the market point of view, there are only signs of slow start-ups in individual regions, and there is a big difference between the overall sales volume and previous years, and the wholesale prices are always low, and some are still upside down. In March, markets across the country may start gradually. Liaoning's compound fertilizer market has improved. With the previous season's payment of compound fertilizers from other provinces continuing to arrive, some large distributors have large inventories, and some regions are basically the same as in previous years.