Policy tends to focus on the possibility of tariff adjustments for exports of binary fertilizers

[Government voice] National Development and Reform Commission: Inland chemical fertilizer exports increased by 18.4% in the first three quarters of this year

The National Development and Reform Commission announced that the total fertilizer exports in the first three quarters of this year totaled 12.204 million tons, a year-on-year increase of 18.4%. Among them, 2.11 million tons were exported in September, up 2.7% year-on-year. The National Development and Reform Commission stated that it is closely monitoring the export situation of small-scale fertilizers and studying relevant policies and measures to ensure that the fourth quarter of the year and even the next year will spring agricultural production and stabilize the market supply and prices of chemical fertilizers.

[Domestic Market] Today's compound fertilizer market continues to operate flatly. Compound fertilizer manufacturers still wait and see the market conditions, mainly in the first three quarters have passed, the relevant data have been introduced, the Development and Reform Commission expressed close attention to the export situation of small varieties of chemical fertilizers, stabilize the price of compound fertilizer prices. This may give us a certain degree of inspiration for the compound fertilizer manufacturers. In the northeastern region of Jilin, the market for compound fertilizers was deserted. Now the market price of compound fertilizers is slightly confusing, and the downstream dealers have little intention of purchasing, and the wait-and-see mood of compound fertilizer market is even stronger. The market for compound fertilizer in Shaanxi is light, and there is a small amount of demand for fertilizers in the downstream. However, due to the declining trend of recent market conditions, dealers are expected to increase their price reductions for late-stage compound fertilizers. In Xinjiang, the fertilizer season has passed and the market has been deserted. The dealers will wait and see market conditions.

[Materials Market] The decline in the domestic urea market slowed down, the Central Plains area remained basically stable, and the South fell more clearly. The market for potash fertilizer was deserted. Apart from a small amount of industrial orders, there was basically no new deal.

[Longzhong fertilizer information forecast] After the drastic changes in the prices of compound fertilizer raw materials market, the market did not appear to follow the trend in large scale; the market did not appear crazy procurement situation; explain the overall fertilizer market, from dealers to fertilizer manufacturers are Very sensible, operating cautiously under the circumstances that the market is still uncertain; recently, the NDRC has continuously paid attention to the news of the export of small-scale compound fertilizers, indicating that the relevant national departments concerned are paying more attention to the dual-fertilizer and the adjustment of tariffs is just around the corner.