In November 2016, the domestic fertilizer market is generally stable

In November 2016, the domestic fertilizer market is generally stable, the main varieties of fertilizer on the whole price rose slightly. But the decrease in the urea market rising costs and output prices, a strong rebound. Market monitoring shows that the domestic urea market price reached 1400 yuan (ton price, the same below) for the year, the chain rose by 15.7%, representing a decrease of 5.4%; DAP price 2660 yuan, up 0.4%, representing a decrease of 3.6%; the average price of ammonium phosphate is 2050 yuan, down 0.5%, compared with 2.8% decline; domestic chloride k the average price of 1900 yuan, a record low, down 2.6%, representing a decrease of 17.4%; 45% of sulfur based compound fertilizer price 2130 yuan, a 1.4% year-on-year decline in the rebound, 6.6%.

According to customs data, in November the average export price (FOB price per ton of urea, the same below) of $205.7, a rise of 1.2%, the first time this year rose 23.8% year-on-year decline; TSP average export price of 248.6 U.S. dollars, a rebound in 1%, representing a decrease of 26.8%; DAP average export price of 320 dollars, down 0.9%, representing a decrease of 29.1%; three composite fertilizer export average price of $487.5, up 2.5% year-on-year decline of 20.9%.

At present, the domestic market supply and demand imbalance is still serious, export volatility, market competition, the overall price is still in the low volatility. Is expected in the short term fertilizer market overall downturn trend is difficult to have a big improvement, weak market will also continue. However, in the winter and raw material prices under the support, the domestic fertilizer market price in the short term will continue upward trend.