10/04/2023
Looooong Time No See!!!ππ
This week, the price of domestic compound fertilizers has dropped significantly. The transaction price of 45% conventional fertilizers in many places has dropped by about 30-130RMB/MT, and the reduction in the mainstream market is mostly 50-80RMB/MT. This week, the raw materials of compound fertilizers (nitrogen, phosphorus, and potassium) went down as a whole, and the market has a strong wait-and-see nature. Distributors are afraid of price cuts after receiving the goods, so they postpone or reduce purchases!
It is generally difficult for enterprises to sell goods, and the accumulation of inventory is obvious. In order to alleviate the pressure of inventory, enterprises often cut prices or sell goods with policy concessions. The market has gone down significantly, and more and more low-end offers! ! !
As of April 9th, refer to some domestic ex-factory prices EXW:
45% sulfur-based fertilizer (14-16-15/15-15-15) is at 3100-3200 RMB/MT.
45% chlorine-based fertilizer (15-15-15) is 2750-3010 RMB/MT.
The above price will be used as a reference, and I will tell you the price of raw materials in China tomorrow.