Fertilizer Price Trends Analysis

By CnAgri2012-11-27 10:42:01 Print UREA: urea market was weak this week. A few manufacturers continued delivering goods to ports to export by free tax zone and supported domestic urea price in this way, but there was no other favored factors except this. though price in most enterprises was stable, they took measures of promotion sales as practical delivery was not well. (Figure 1)  
 
ABC: this week ABC retail price is around RMB670Yuan/MT, down 10-20Yuan compared with last week, down 10% compared with last year. (Figure 2)
 
DAP: this week DAP winter storage market is starting slowly and provincial dealer is beginning to stock. but unclear winter storage price affected stabilization of price.(Figure 3)
 
NPK: this week NPK enterprises’ winter storage price is gradually carrying out, but NPK price will continue decreasing as raw material price is unstable and downstream dealers are cautious and unwilling to purchase in large amounts. (Figure 4)
 
MOP: though the rebound of SOP provided MOP price some supports to some extent, rumors that Salt Lake Potash Corp will continue to reduce price make people think no good of afternoon market. (Figure 5)
 
SOP: purchasing bid of 70,000MT SOP of Yunnan Tobacco Company ended with bid price of RMB2,950/MT by Lop Nor Company this week, up RMB122 /MT compared with last bid, which made SOP stopped dropping to rebound. (Figure 6)