UPDATE THE TREND OF FERTILIZERS

Nitrogen fertilizer:

Urea -- China totally stopped the exportation of Urea until May, 2024, we cannot export even CIQ cleared quantity, this will definitely influence the global market of Urea.

Ammonium Sulfate -- Price of ammonium sulfate keeps dropping during past 4 weeks, now price nearly back to the level of June. Good timing for purchasing. We do have Capro grade/ Steel grade/ Chemical grade/Granular etc. 

Calcium nitrate - CIQ is still hard, the CIQ time keeps long, normally takes 40-60 days after Order confirmed.

 

Phosphate fertilizer:

Similar with Urea, from Nov. Phosphate CIQ products are no longer allowed OR tightening for new CIQ application, this means Cargo of TMAP/MAP/DAP/TDAP/TSP/SSP etc. will be harder to export from China.

This policy also caused MKP and UP etc. Other Non CIQ products’ price increased.

 

Potassium fertilizer:

1. SOP -- Local and Taiwan and Vietnam Source are all lacking, but will send you quotation based on your inquiry.

2. NOP --  Price rises as supply tightens. Major producers are still shipping earlier orders, CIQ is hard for NOP.

 

Sulfate fertilizer & Magnesium fertilizer：

Sulfate fertilizer and Magnesium fertilizer prices are stable relatively.