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Analysts concerned, there are several reasons for the decline in chemical fertilizer prices. First, the fertilizer is currently in the off-season for phosphate and compound fertilizers. Farmers use nitrogen and potassium fertilizers as the main fertilizers in the summer, and the use of phosphate fertilizers is relatively small. It is still a while before the autumn. Because fertilizer prices have been unstable this year, farmers cannot know the price of fertilizers in the off-season, and therefore do not dare to prepare fertilizers in advance; second, sulfuric acid prices have fallen by a large margin. Since this year, the price of sulfuric acid has been declining from about RMB 500 per ton. Down to 350 yuan, and some sulfuric acid manufacturers prices are still down; Third, dealers are holding on to wait and see, last summer time dealers are still busy to the phosphorus compound fertilizer manufacturers pre-delivery payment, and this year with the national fertilizer products Policies have been introduced, dealers can not see the situation of fertilizer in the fall, but also mostly wait and see in the currency, there are few advance payment to the manufacturers, leading to tight liquidity manufacturers. Phosphorus compound fertilizer prices also fell to the company to bring inventory, it is learned that some phosphate compound fertilizer companies have accumulated over 10,000 tons of compound fertilizer.
It is understood that if the phosphate compound fertilizer company fails to drive on time to ensure production, the reduction in total production will inevitably affect the use of fertilizer in autumn wheat in Shandong Province.
Phosphate and compound fertilizer market prices in Shandong, especially in the price of phosphorus compound fertilizer prices
A few days ago, the fertiliser market, which continued to be high in temperature, suddenly became quiet. Phosphate and compound fertilizer companies had long gone without the fertilizer-purchasing vehicle. Fertilizer prices began to fall, and prices of phosphate and compound fertilizers were particularly high. Recently, the ex-factory price of some compound fertilizer manufacturers in Shandong began to drop to around 1,800 yuan per ton. The ex-factory price of domestic 55% diammonium phosphate was around 2,000 yuan, and the content of 64% diammonium phosphate was around 2,300 yuan. The average price fell. About 200 yuan per ton.