Compound fertilizer market is not ideal

The compound fertilizer market is not ideal enough, prices are still slowly declining, and the operating rate is only slightly improved for a few manufacturers.

This week, the mainstream price of compound fertilizer is still stable, and many manufacturers are still in confusion, watching the performance of raw materials and downstream markets as well as other manufacturers' reactions. The mainstream factory price of domestic 45%cl generic compound fertilizer is about 2,000 yuan (ton price, the same below), and the mainstream factory price of 45%s general compound fertilizer is about 2,300 yuan, and a few low-end deals are within 1900 yuan and 2,200 yuan respectively; The formula price of wheat formula is higher than the general content of chlorine-based general fertilizer by 0-150 yuan, most of which is 30-50 yuan. Many manufacturers offer high prices, and some manufacturers have been saying that "not yet bidding", in fact, when the actual collection of funds, depending on the amount of money, the arrival of land and other factors single negotiated. But overall, with the gradual deepening of fertilizer preparation in the autumn, it is still only the old customers to make payments and take delivery of goods. Since the downturn in the general environment has not changed, raw materials prices have also been unsatisfactory, the overall exports have been very passive, and the other extreme rainstorms. Or dry weather makes crops in some areas unreserved, and it may affect the use of fertilizers in the later stages. Therefore, the majority of manufacturers, including the current fertilizer market, are worried about the market, and it is natural that payment collection is difficult. It is understood that due to lack of funding pressure and lack of confidence, the current operating rate of mainstream fertilizer manufacturers is mostly around 80%, while most other manufacturers are still within 50%.

Raw material prices continued to fall this week. Shandong and its neighboring regions have gradually increased the price of urea from around 1600 yuan/ton. Both the domestic and international markets of monoammonium and diammonium have not shown any positive effect, and the prices have continued to decline. The market for potassium chloride is extremely uncertain. It is generally expected to continue to decline, so it is still difficult to provide support for compound fertilizer prices in terms of costs. On the contrary, it is possible to provide more room for price reduction promotions. However, after all, the autumn preparation of fertilizer has reached a critical juncture, even if many downstream distributors have said that “with sales and follow-up”, the demand behind is also doomed to gradually increase, it is expected that fertilizer prices will still decline in the short term, but more optimistic Judgment, still think that the current low-end price should be able to build the bottom line of the mainstream price of compound fertilizer in autumn.