The rapid rise in coal prices led to coal enterprises urea costs increased sharply

The rapid rise in coal prices led to coal enterprises urea costs increased sharply, and the other is the main cause of the recent urea fertilizer prices by category. In addition, price control, automotive environmental protection also has certain effect. “This year the supply side reforms a huge impact on the coal industry, development and Reform Commission proposed to the coal production capacity of 2.5 tons of annual objectives and tasks. According to the national development and Reform Commission data show that 1-9 months, the national coal production of 24.6 tons, down 10.5%.” In November 3rd, the Bohai thermal coal price index closed at 607 yuan / ton, the highest on record since the beginning of this year, compared with the beginning of 371 yuan / ton rose 236 yuan / ton, rose 63.6%. According to the consumption of coal per ton of coal based urea for 1.55 tons, which means that from the beginning of the year so far, only one coal, urea enterprises rising costs 365.8 yuan / ton.

According to the National Bureau of statistics data show that in early January this year, China’s circulation small particles urea price is 1452.5 yuan / ton in early November, the price of 1458.8 yuan / ton, not much difference between the price. “Coal prices fall in the near future, but the entire north to the heating season, the demand for coal will continue until the spring of next year, the price decline in space does not exist. Especially coal inventory fertilizer use is not normal operation of fire delivery, transportation capacity decreased, so prices may not fall.” One is the high cost, the other is the low price, the follow-up of urea and other kinds of chemical fertilizer prices still rising larger space.