NPK Price Expected to Increase

By CnAgri2014-02-25 09:38:08 Print NPK: NPK market went flat this week and both start speed and market warmth were not as well as last year. For firstly, dealers and farmers are not eager to buy fertilizer with surplus supply and secondly, transporting is blocked due to large areas of snowfalls. With weather getting better, the market is likely to start. As for price, most enterprises maintained the quotation as that before Spring Festival. With railway freight rates increase,  it is more expected to increase. (Figure 4)


From “China Fertilizer Market Weekly Report”