Grain/Fertilizer Price Ratio Went Up

By CnAgri2013-01-18 11:19:18 Print Calculating at fertilizer nutrient price, grain/fertilizer price ratio generally rose 1 ~ 3% in 2012 over the previous year, conducive to farmers’ fertilizer consumption. Only wheat/urea and japonica/urea price ratio dropped slightly.
 
Wheat/urea, wheat/DAP and wheat/NPK price ratios were 0.44, 0.4 and 0.35 respectively. Corn/urea, corn/DAP and corn/NPK price ratios were 0.49, 0.45 and 0.39 respectively. Japonica/urea, japonica/DAP and japonica/NPK price ratios were 0.9, 0.8 and 0.7 respectively. Indica/urea, indica/DAP and indica/NPK price ratios were 0.81, 0.74 and 0.52 respectively, up 2.5%, 6.6% and 4.7% respectively over the previous year.
 
         

From “China Fertilizer Market Weekly Report”