Business News Agency, May 17
According to the commodity market analysis system of the business community, the average price of compound fertilizer in the market was 3060 yuan/ton as of May 17, May 11 Compound fertilizer The average market price was 3050 yuan/ton, up 0.33% from last week.
Cost
This week, the domestic potassium chloride market continued its consolidation trend, and the market performance was calm. The market demand for ammonium chloride is good, and the factory has sufficient waiting orders. The market price of potassium sulfate in the domestic market continues to rise, with an obvious increase. The production of resource based potassium sulfate manufacturers is OK at present. Some manufacturers will enter the traditional summer overhaul on the 31st of this month, and the subsequent supply of goods will be significantly reduced.
Supply and demand
Continuous support accompanied by favorable raw material market, especially urea Under the condition that the price rises sharply, the price of high nitrogen fertilizer releases intensively in summer. The purchase and sale of compound fertilizer in summer is approaching a rush, and the rise in the price of compound fertilizer does not seem to cause too much trouble. Compound fertilizer factories generally say that there is still a surplus waiting to be issued, and new replenishment orders are gradually followed up, with general demand.
Future market forecast
Replenishment demand may also be released later before the existing inventory is consumed. Compound fertilizer enterprises have a rising trend, but it is still necessary to observe the actual situation of subsequent downstream replenishment if they can really land.
(Source: Business Association)
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