Winter Reserve Starts, NPK Operating Rate Increases

By CnAgri2013-12-04 09:28:56 Print NPK: after Phosphate Compound Fertilizer Meeting, many dealers began inquiring to stock for winter storage, plus that urea price increase also stimulated dealers to stock. Winter reserve starts gradually. Manufacturers with great orders previously began delivery. Operating rate of NPK manufacturers mostly saw increase averagely to 60% and was higher in Hubei, where some large manufacturers have begun production with full capacity. The operating rate is predicted to see further improvement in late this month. (Figure 4)



From “China Fertilizer Market Weekly Report”