Fertilizer Price on Feb.18

By CnAgri2013-02-22 10:58:07 Print Urea: with the start of fertilizer use after Spring Festival, urea price kept stable with increase this week and even continued rising in some areas by RMB10-20/MT. The average price was RMB 2250/ MT. With expansion of plough in Spring, it is predicted fertilizer price shall keep stable with increase.  (Figure 1)
 
ABC: ABC price kept stable this week with retail price of RMB680Yuan/MT. (Figure 2)
 
DAP: As cost of DAP raw material kept stable and winter storage was generally normal in all areas, DAP retail price stayed at RMB3560/MT. (Figure 3)
 
NPK: with adequate supply, NPK price will have no great fluctuation recently and this week the retail price was around RMB2745/MT. But the situation will be improved after 3 months with increase of demand. (Figure 4)
 
MOP: During Spring Festival, MOP price kept low with less demand and deals. With arrival of MOP in the board trade, domestic market price is still under pressure. MOP retail price kept at RMB2820/MT this week. (Figure 5)
 
SOP: SOP price kept stable at RMB3050/MT this week. With increase of operating rate after Spring Festival, it is predicted SOP price shall keep at low level within 1 to 2 months. (Figure 6)


From"China Fertilizer Weekly Report"