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During the holiday period, the domestic urea market mostly remained stagnant, with the mainstream market being mainly stable, with some maintaining a slight downward trend. In some areas, prices were slightly increased due to the impact of production restrictions, with a range of 20-40 yuan/ton. The prices of small and medium-sized particles in the mainstream region were referred to as 2320-2440 yuan/ton. The Shanxi production restriction scandal has supported the price of large particles, and a new round of labeling has added a wait-and-see atmosphere to the market. Most urea manufacturers have insufficient orders waiting to be issued, and the pressure to receive orders has increased. However, due to the expected mentality of new device production and the guarantee of market supply, downstream procurement enthusiasm is not high, and the main focus is on wait-and-see for the time being. In the short term, the market lacks strong positive news guidance, and it is expected that the domestic urea market will operate steadily with narrow fluctuations in the short term, waiting for the opening of futures on Monday. Urea price trend on October 7th The quotation of enterprises in Shandong region has been partially increased by 10 yuan/ton, while the quotation in Linyi and Heze regions has been partially reduced by 10 yuan/ton. The factory quotation for small and medium-sized particles is based on around 2380-2440 yuan/ton, the receiving price for small particles in Linyi region is based on around 2420-2430 yuan/ton, and the receiving price for small particles in Heze region is based on around 2400-2410 yuan/ton. The quotation of enterprises in Hebei region has been partially reduced by 20-70 yuan/ton, and the factory price of small and medium-sized particles is around 2400-2410 yuan/ton. The quotation of enterprises in Henan region is temporarily stable, with the mainstream factory quotation of small and medium-sized particles being around 2350-2380 yuan/ton. The quotation of enterprises in Anhui region has been partially reduced by 30-50 yuan/ton, and the mainstream factory quotation for small and medium-sized particles is based on around 2430-2500 yuan/ton. The quotation of enterprises in Jiangsu region is temporarily stable, and the mainstream quotation for small and medium-sized particles is around 2530-2560 yuan/ton. Enterprises in Shanxi region have partially lowered their quotations for small and medium-sized particles by 10 to 30 yuan/ton, while prices for large particles have been partially increased by 30 to 40 yuan/ton. The factory quotation for small particles is around 2280 to 2320 yuan/ton, and the factory quotation for large particles is around 2380 to 2390 yuan/ton. The quotation of enterprises in Hubei region has been partially reduced by 20 yuan/ton, while the mainstream quotation for small particles is based on 2430-2500 yuan/ton. The quotation of enterprises in Jiangxi region has been partially reduced by 20 yuan/ton, and the factory quotation for small particles is 2460 yuan/ton. The local sales quotation of enterprises in Shaanxi region has been reduced by 30 yuan/ton, and the outsourcing price has been partially reduced by 30 yuan/ton. The reference for small particle mainstream local sales is 2396 yuan/ton, and the mainstream outsourcing price is 2330-2370 yuan/ton. The quotation of enterprises in the Sichuan region has been partially reduced by 30 yuan/ton, and the factory quotation for small particles is based on around 2360-2430 yuan/ton. The quotation of enterprises in Chongqing is temporarily stable, and the mainstream quotation for small and medium-sized particles is based on 2430 yuan/ton. The quotation of enterprises in Yunnan region is temporarily stable, with a factory quotation of 2550-2650 yuan/ton for small and medium-sized particles. The quotations of enterprises in Guangdong region have been partially reduced by 10-20 yuan/ton, and the mainstream prices in the small particle market are around 2600-2650 yuan/ton. The quotation of enterprises in Guangxi region has been partially reduced by 20-30 yuan/ton, and the mainstream price of small particles is around 2530-2560 yuan/ton. The quotation of enterprises in Gansu region is temporarily stable, and small particles are listed and shipped out of the factory During the holiday period, the domestic urea market mostly remained stagnant, with the mainstream market being mainly stable, with some maintaining a slight downward trend. In some areas, prices were slightly increased due to the impact of production restrictions, with a range of 20-40 yuan/ton. The prices of small and medium-sized particles in the mainstream region were referred to as 2320-2440 yuan/ton. The Shanxi production restriction scandal has supported the price of large particles, and a new round of labeling has added a wait-and-see atmosphere to the market. Most urea manufacturers have insufficient orders waiting to be issued, and the pressure to receive orders has increased. However, due to the expected mentality of new device production and the guarantee of market supply, downstream procurement enthusiasm is not high, and the main focus is on wait-and-see for the time being. In the short term, the market lacks strong positive news guidance, and it is expected that the domestic urea market will operate steadily with narrow fluctuations in the short term, waiting for the opening of futures on Monday. Urea price trend on October 7th The quotation of enterprises in Shandong region has been partially increased by 10 yuan/ton, while the quotation in Linyi and Heze regions has been partially reduced by 10 yuan/ton. The factory quotation for small and medium-sized particles is based on around 2380-2440 yuan/ton, the receiving price for small particles in Linyi region is based on around 2420-2430 yuan/ton, and the receiving price for small particles in Heze region is based on around 2400-2410 yuan/ton. The quotation of enterprises in Hebei region has been partially reduced by 20-70 yuan/ton, and the factory price of small and medium-sized particles is around 2400-2410 yuan/ton. The quotation of enterprises in Henan region is temporarily stable, with the mainstream factory quotation of small and medium-sized particles being around 2350-2380 yuan/ton. The quotation of enterprises in Anhui region has been partially reduced by 30-50 yuan/ton, and the mainstream factory quotation for small and medium-sized particles is based on around 2430-2500 yuan/ton. The quotation of enterprises in Jiangsu region is temporarily stable, and the mainstream quotation for small and medium-sized particles is around 2530-2560 yuan/ton. Enterprises in Shanxi region have partially lowered their quotations for small and medium-sized particles by 10 to 30 yuan/ton, while prices for large particles have been partially increased by 30 to 40 yuan/ton. The factory quotation for small particles is around 2280 to 2320 yuan/ton, and the factory quotation for large particles is around 2380 to 2390 yuan/ton. The quotation of enterprises in Hubei region has been partially reduced by 20 yuan/ton, while the mainstream quotation for small particles is based on 2430-2500 yuan/ton. The quotation of enterprises in Jiangxi region has been partially reduced by 20 yuan/ton, and the factory quotation for small particles is 2460 yuan/ton. The local sales quotation of enterprises in Shaanxi region has been reduced by 30 yuan/ton, and the outsourcing price has been partially reduced by 30 yuan/ton. The reference for small particle mainstream local sales is 2396 yuan/ton, and the mainstream outsourcing price is 2330-2370 yuan/ton. The quotation of enterprises in the Sichuan region has been partially reduced by 30 yuan/ton, and the factory quotation for small particles is based on around 2360-2430 yuan/ton. The quotation of enterprises in Chongqing is temporarily stable, and the mainstream quotation for small and medium-sized particles is based on 2430 yuan/ton. The quotation of enterprises in Yunnan region is temporarily stable, with a factory quotation of 2550-2650 yuan/ton for small and medium-sized particles. The quotations of enterprises in Guangdong region have been partially reduced by 10-20 yuan/ton, and the mainstream prices in the small particle market are around 2600-2650 yuan/ton. The quotation of enterprises in Guangxi region has been partially reduced by 20-30 yuan/ton, and the mainstream price of small particles is around 2530-2560 yuan/ton. The quotation of enterprises in Gansu region is temporarily stable, and small particles are listed and shipped out of the factory Ammonium Sulphate, Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

urea UREA In August 2023, China's urea export volume was 314000 tons, a decrease of 2.94% compared to the previous month. The average export price is 334.53 US dollars per ton, an increase of 4.05% month on month. August urea export data by export city picture August urea export data by exporting country picture Ternary compound fertilizer NPK In August 2023, China's export volume of nitrogen, phosphorus, and potassium ternary fertilizers reached 103300 tons, an increase of 46.44% month on month, and the average export price was 366.47 US dollars per ton, a decrease of 17.29% month on month. August composite fertilizer export data by exporting country picture ammonium sulfate Ammonium Sulphate In August 2023, 1.5481 million tons of ammonium sulfate were exported, with an export amount of 218.937 million US dollars and an average export price of 141.42 US dollars per ton. The quantity increased by 39.27% compared to last month and 20.4% year-on-year. August ammonium sulfate export data by export city picture August ammonium sulfate export data by exporting country picture Monoammonium phosphate MAP In August 2023, China's export volume of monoammonium phosphate was 322362.23 tons, an increase of 61.52% month on month, and the average export price was 417.58 US dollars/ton, a decrease of -13.08% month on month. August Monoammonium Phosphate Export Data by Export City picture August Monoammonium Phosphate Export Data by Export Country picture Diammonium phosphate DAP In August 2023, China's export volume of diammonium phosphate was 329100 tons, a decrease of 35.48% month on month, and the average export price was 440 US dollars/ton, a decrease of 1.54% month on month. The largest export volume to India is 129400 tons, with an average export price of 440 US dollars per ton. Export data of diammonium phosphate in August by export city picture Export data of diammonium phosphate in August by exporting country picture Heavy superphosphate TSP In August 2023, China's export volume of heavy calcium reached 167498.5 tons, an increase of 113.34% month on month. The cumulative export volume from January to August 2023 was 666576.3 tons, a year-on-year increase of 34.55%. Export data of heavy calcium in August by export city picture Export data of heavy calcium in August by exporting country picture potassium chloride MOP In August 2023, China's potassium chloride export volume was 47900 tons, an increase of 90.83% month on month, with an average export price of 345.38 US dollars per ton. From January to August 2023, China's total potassium chloride export volume was 210600 tons, an increase of 2560.84% year-on-year. August potassium chloride export data by export city picture August potassium chloride export data by exporting country picture Potassium sulfate SOP In August 2023, China's potassium sulfate export volume was 14400 tons, an increase of 55.56% month on month, with an average export price of 516.81 US dollars per ton. From January to August 2023, China's total potassium sulfate export volume was 78400 tons, an increase of 8.13% year-on-year. August Potassium Sulfate Export Data by Export City picture August potassium sulfate export data by exporting country picture Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year. Vietnam's fertilizer imports in August reached a new high in nearly two years. According to the latest statistics from the Vietnam Customs General Administration, Vietnam's fertilizer imports in August reached their highest record in more than two years. In August, Vietnam imported over 472000 tons of fertilizer, worth 159 million US dollars, which is the highest import volume since July 2021. The quantity of imported fertilizers in August increased by 54% compared to July, and the value increased by 85%. China is Vietnam's largest fertilizer supplier so far this year, accounting for about half of imported fertilizers. Imported fertilizers exceed 1.2 million tons, valued at 375 million US dollars, with a year-on-year increase of 15% in quantity and 14% in value. As of August, Vietnam has imported nearly 2.5 million tons of fertilizer, worth 833 million US dollars, an increase of 13% compared to the same period last year, but a decrease of 19% in value compared to the same period last year.

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Nine gold and ten silver, the foreign trade exhibition season is here! Foreign trade professionals must polish and practice their language skills before the exhibition begins. At the exhibition, the language is basically divided into communication on the basic process of foreign trade, and language on the company's advantages and product introduction. In addition, we also need to understand some successful cases we have done, so that we can better guide customers when communicating with them. Today, we will share some practical English communication skills that are essential for exhibitions. picture Greeting/Greeting/Greeting 1. Hello, welcome to our booth Come in and take a look, please/ What can I do for you? Hello, welcome to our booth. Come in and take a look. I can help you make some divine Emei How do l address you? What do I call you? 3. I am XX a sales manager of XX company It is a pleasure to meet you here I am XX, the sales manager of ABC Company. Nice to meet you here. 4. Here is my card May l have your business card/name card? Want a business card or May I know your name and email address, it will be better if you could leave your WhatsApp number for easier communication? May I know your name and email address? It would be best if you could leave your WhatsApp number for communication purposes 5. Have a seat, please! Would you like some coffee or tea? Sit down and first ask the customer what to drink, coffee or tea? Would you like a glass of water/ Can I get you a cup of Chinese tea/coffee? Do you want a glass of water/ Can I give you a cup of Chinese tea? picture Self introduction/introduction of company advantages May l give you some introduction to our company and products? May I introduce our company and products to you? 2. We are the authorized/professional manufacturer and distributor of XX products. XXX/. 3. Our company focuses on keeping promise, controlling quality, guaranteeing the products safety. lt has already won many old customers` trust and satisfactions by adhering to the principal of [original design, high quality, reasonable price, high reputation and First-class service. ..,[....",. 1. Seems you are interested in this product; May l give you some introduction? ;? 2. Anything else you want to bring up for discussion?? 3. Here is our latest catalogue, please take a look. , 4. Any interest please feel free to tell me, we can show some samples for your reference frstly. ,, 5. What about having a look at the sample first? ? 6. Do you need samples for approval? ? 7. We can courier some samples to you once we come back to offce, We will not charge you for samples, but we hope you can afford the freight costs. ,..8. Do you have specific request for packing? Here are the samples of packing available now, you may have a look. ? ,. / 1. The price of this product is USD xxx, and in general, our prices are given on FOB XX standard package, and is only valid for one month, xxx ,, FOB XX,,. 2. Will you please tell us the specifcations, quantity and packing you want, so that we can work out the offer ASAP..,. 3. This is the pricelist, but it serves as a guide line only. ls there anything you are particularly interested in.,.? 4 .The quantity is too small for mass production., 5. Our minimum order amount is USD5000.5000 6. I will give you the most favorable prices 7. Our prices compare most favorably with quotations you can get from other manufacturers. 8. l am sorry.t is our rock bottom price... 9. The price has been cut to the limit. . 10 Considering our good relationship and future business, we give a 3% discount. , 3% 11. If your order is big enough, we may reconsider your price. , / 1. Generally , our delivery time is 30 working days, 30 2. Our payment term is 30% in advance by T/T before production, and 70% before delivery T/T 30%, 70% 3. Finalize the contract 4. We can get the contract fnalized now. 5. Please kindly remit the deposit against the contract. / 1. It is so great to cooperate with you..2. I really hope we will become good business partners in the future. 3. This is a small gift for you 4. Thank you for coming. Keep in touch.. . 1. When will you come back to work? I will send all details to you by email for your reference later? ? 1. Booth number 2. Stand 3. Rawspace 4. Rowbooth 5. Showcase 6. Brochure 7. During the exhibition period 8. Doors close at 9. Entrance 10. Shuttle bus 11. Shuttle service

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate urea Due to sluggish demand and seasonal issues, urea prices in most regions have fallen this week, and the industry generally believes that prices may further decline. The Iranian manufacturer cancelled the bid and did not accept the FOB310 USD/ton price. India's sales in August have been consistently high, an increase of 600000 tons compared to last year, indicating that bidding may take place in September. China's urea production continues to grow, reaching a record high of 30.79 million tons in the first half of 2023. This year's production is expected to exceed 60 million tons, an increase of 3 million tons compared to 2022, and exports are expected to increase. China's domestic market is currently strong, and exports may remain high in the fourth quarter. As a major market, Brazil's market response has been relatively sluggish due to the reluctance of buyers to participate due to corn prices and short selling. This week, Egyptian producers cancelled lower quotations, but will soon have to sell the remaining tonnage from September to the sluggish European market. This weak tone will continue until September, until more demand emerges, and prices will show a downward trend during this month. But the increase in demand from Brazil, India, and Europe in the fourth quarter should prevent the decline. International price of small particle urea (in bulk) (unit: USD/ton) picture International Price of Large Granular Urea (Unit: USD/ton) picture ammonium sulfate The tight supply has led to a significant increase in the standard level FOB prices in Northwestern Europe, but with demand still sluggish, the impact on particle prices is limited. Buyers and sellers usually set the price of standard ammonium sulfate between 180-190 euros/ton (FOB 195-206 dollars/ton), an increase of about 20 dollars/ton compared to last week, and the trading volume is relatively small within this range. A series of maintenance plans will start from September to October, and supply will begin to decrease. A large factory in Benelux has already reduced production and will further reduce production from September to October, while another factory plans to lower its operating rate by 20 percentage points in October from 70% in September. The overall stability of particle trade this week has been almost unchanged, with prices showing between 250-320 euros per ton FOB based on grade and destination. This week, a trader provided 280 euros/ton of FCA Ghent extruded ammonium sulfate from China to several importers, but there were no transaction reports. According to the latest quotation and indications, the price of standard ammonium sulfate in China has slightly dropped to $150-160 per ton FOB this week. Due to the continued weak demand for squeezed particles, prices in the north are at a relatively low level. A trader provided Sri Lanka with 2000 tons of standard ammonium sulfate for shipment in September at a price of $195 per ton. Another trader provided Pakistan with 3000 tons of standard ammonium sulfate FOB at $160 per ton for shipment in September. The price of MMA grade ammonium sulfate is shown to be $135-140 per ton FOB this week. According to the latest market signs, the prices of extruded particle grade and caprolactam grade ammonium sulfate have stabilized at $175- $185 per ton FOB China this week. But the FOB price of extruded ammonium sulfate particles this week is generally lower than $150/ton. Ammonium phosphate Indian prices have slightly declined, and trading activity has weakened. Earlier this week, there was news of importing Russian diammonium at a CIF price of $550 per ton. Last week, an Indian supplier sold 30000 tons of Russian diammonium at a low price of $550 per ton. Russian goods may be shipped in the second half of September, along with NPK, to the west coast of India. The import volume of ammonium bicarbonate in August was 487000 tons, with an estimated 340000 tons in September and 235000 tons in October. So far this year, the total import volume of diammonium phosphate in India has reached about 5.24 million tons. RCF India has issued a tender to purchase two 20000 ton shipments of monoammonium phosphate 10-50 or diammonium phosphate 15.5-44. The bidding deadline will be September 4th. The first batch of goods will be shipped in October, and the second batch will be shipped in November. RCF requires a quotation validity period of 15 days. Earlier this month, RCF purchased 20000 tons of monoammonium phosphate 10-50 goods for approximately $507 per ton of CFR based on its August 10th tender, and shipped them in October. The Bangladeshi authorities have approved bids from the private sector to acquire ammonium chloride and heavy calcium, but the final price level is still unclear. After a meeting of the Ministry of Agriculture on August 30th, imports of 310000 tons of ammonium chloride and 155000 tons of heavy calcium may have been confirmed. In some cases, the price may not exceed $680 per ton of CFR. Initially, the prices of diammonium and heavy calcium were $649-701 per ton of CFR and $569-697 per ton of CFR, respectively. The Ministry of Commerce stated that it requested suppliers to provide the lowest quotation for both products, but encountered opposition from the suppliers. But the local trading company has agreed to reduce the price to below $690 per ton CIF. Due to the trading company's belief that their final price needs to be kept confidential, they have not received official confirmation. A participant stated that the letter of credit must be opened before September 7th. The price of diammonium in China remains stable at $560-575 per ton. The Bangladeshi authorities have confirmed that in the private sector bidding for ammonium chloride, the winning price for approximately 310000 tons of ammonium chloride is $649-680 per ton landed. After deducting costs and profit margins, the net profit is $560-575 per ton. The freight index for a 40000 ton cargo ship from China to Bangladesh ranges from $23 to $25 per ton. Prior to the bidding in Bangladesh, the majority of Chinese manufacturers' quotations were shown as USD 575 per ton FOB. At least one batch of goods was sold at an FOB price of $560 per ton, while another shipment was reported to be sold at an FOB price of $565 per ton. On August 31st, we heard a quote of $565 per ton FOB in a bidding process in Central America for shipment in September. Earlier this week, a manufacturer purchased ammonium chloride in small quantities from other manufacturers at an FOB price of $560 per ton, which was shipped in September and may be shipped to Bangladesh. Two private importers in Pakistan purchased 30000 tons of Saudi diammonium at a high price of $550 per ton of CFR. The DAP price in Thailand is approximately $590 per ton CIF. 8800 tons of Chinese DAP cargo will arrive in KoSichang this week. Due to reduced rainfall in some parts of Thailand, fertilizer demand has slowed down this week, but sellers still expect domestic sales to remain stable until mid September. Due to Vietnam's seasonal off-season, there have been no diammonium import transactions this week, and domestic demand may emerge in October, preparing for the second major season, which usually starts in November. In terms of exports, the price of Diammonium Phosphate 16-45 in Vietnam this week was 550 US dollars per ton, with a bag of 50 kilograms. An importer in the Philippines purchased 6000 tons of ammonium chloride in the market and shipped it in September, but did not receive a quotation. Japan's imports of ammonium bicarbonate in July decreased by 18% year-on-year to 36400 tons. Morocco's delivery volume was 19000 tons, lower than 26500 tons in the same period last year. The import volume from China is basically stable at around 17400 tons. Due to a decrease in imports from China and Morocco, the import volume from January to July decreased by 53% year-on-year to 119200 tons. The import volume from these two countries decreased by 42% and 64% year-on-year, respectively, to 84800 tons and 34000 tons. The Brazilian monoammonium west of Suez remains at $530-535 per ton CFR, and trading volume remains low. Most manufacturers, especially Russian suppliers, no longer supply the source of goods. Futures prices have already declined, with prices in September and October being $520-540/ton and $500-530/ton, respectively, compared to last week's futures price of $520-540/ton. The price of diammonium/monoammonium in Argentina remains stable at $550- $555 per ton cfr. The prices of American barges are mixed, with Nora Port barge prices in September under pressure to $520-525/ton FOB, with the middle price dropping by $12.50/short ton compared to last week; Monoammonium rose to $630 per ton FOB. Central American importer Incofe held a series of procurement bids this week, including one for a combination of goods arriving at Atlantic ports on August 28th and another for a combination of goods arriving at Pacific ports on August 31st. According to reports, the company purchased approximately 4000 tons of diammonium for Atlantic ports and may have purchased 7000 tons of diammonium for Pacific ports at a price of $570 per ton. Mexico's phosphate production slightly increased in July, with diammonium production rising to 46000 tons and monoammonium production rising to 12000 tons. The production of diammonium in June was 46000 tons. The total production of diammonium/monoammonium from January to July was 312000 tons. Benelux ammonium is basically stable at around $600/ton; The level of diammonium in Germany is roughly between 560-565 euros per ton of bulk FCA; The price of diammonium in France is approximately 565 euros per ton of bulk FCA; The pricing of Italian diammonium in China is 550 euros/ton; Romania's price range for bagged ammonium phosphate in Constantza is 640-655 US dollars per ton; The Agropolychim factory in Bulgaria has a temporary plan for a period of one month from the second half of October to November 20th Benelux ammonium is basically stable at around $600/ton; The level of diammonium in Germany is roughly between 560-565 euros per ton of bulk FCA; The price of diammonium in France is approximately 565 euros per ton of bulk FCA; The pricing of Italian diammonium in China is 550 euros/ton; Romania's price range for bagged ammonium phosphate in Constantza is 640-655 US dollars per ton; The Agropolychim factory in Bulgaria is scheduled to undergo a one month maintenance period from the second half of October to November 20th. The FOB price of Russian diammonium in the Baltic Sea is approximately $500 per ton. According to the bidding, the product may be loaded into Central America next month. Another manufacturer has confirmed that they will sell 30000 tons of Russian diammonium and NPKs to India, which may be shipped in the second half of next month. This transaction may lower the offshore price of the Baltic Sea to a low of $510 per ton. Starting from September 1st, Russia will impose a 7% tariff on some fertilizer exports, which will continue until the end of next year. The minimum tax amount levied on phosphate fertilizer will be 2100 rupees (22 US dollars) per ton. All finished fertilizers, except for water-soluble diammonium and monoammonium, may be subject to tariffs. Moroccan diammonium was not sold this week. OCP sold less than 5000 tons of diammonium to Western Europe from August to September, with a FOB price of $565-600 per ton in Morocco. Saudi Arabia's Ma'aden has sold 30000 tons of diammonium to Pakistan, which will be shipped next month at an FOB price of around 540 US dollars per ton. According to its sales tender on August 28th, Egypt's NCIC sold diammonium at a price of $580-590 per ton, with an increase of $10 per ton based on indications from last week. The company provided up to 30000 tons of diammonium in its bids at the end of September or early October. The sales price is displayed as 580-590 USD/ton FOB. NCIC stated in its bid on August 2nd that the FOB price of its ammonium bicarbonate is $515 per ton. Ethiopia (EABC) is expected to officially tender its demand for 1024400 tons of NPSB, 332300 tons of NPS, and 980000 tons of urea on September 8th. The price of diammonium goods in East Africa at the end of September and October was higher than $550/ton cfr. The price of diammonium in Kenya has decreased by 300-400 Kenyan shillings per 50 kg bag, with a delivery price of approximately 4300 Kenyan shillings per bag at a warehouse in Mombasa. The winning bid from Bangladesh and the procurement from Pakistan have alleviated the pressure on most importers east of the Suez Canal. The limited supply in September and exports in October will support the price of diammonium in the short term. But the trend is shifting back towards buyers, with the main markets India and Brazil receiving nearly record levels of phosphate. This week, US import transactions have pushed down market prices. The European market is still at the high end. International Monoammonium Phosphate Price (Unit: USD/ton) picture International price of diammonium phosphate (unit: USD/ton) picture Heavy superphosphate Moroccan OCP has sold 10000 tons of heavy calcium to Western Europe at a FOB price of $405-425 per ton, which will be shipped next month. Egypt's NCIC recently sold heavy calcium at an FOB price of $450 per ton in most transactions. If confirmed, then this batch of goods is likely to be shipped to Bangladesh. The Brazilian TSP is roughly between $420 to $430 per ton of CFR. International price of heavy calcium (in USD/ton) picture potash fertilizer Due to the tight supply in China, the price of granular potassium sulfate in East Asia is still rising. The recent surge in potassium chloride prices has led to a bullish sentiment in the global potassium sulfate market. The price of potassium sulfate in Europe is basically stable, while the quotation for potassium sulfate in Egypt in the fourth quarter is 80-90 US dollars/ton higher than in July. Due to strong demand from China, Laos is facing tight supply of potassium chloride to Southeast Asia. The latest data from GTT shows that from January to July, China's imports from Laos increased by 145% year-on-year. This will help support prices in the region. There is very little trading in the potassium chloride market. Brazil is slowing down its procurement speed, and buyers are waiting for further clarification of prices in the fourth quarter before making purchases. However, most suppliers have a strong willingness to stand up and are unwilling to significantly lower their prices, and prices in Europe are relatively stable. Due to tight supply in the fourth quarter, low trade may continue. European demand will still rebound, which will support current prices. Brazil's demand will rebound in the fourth quarter. In Southeast Asia, the rise in rice and palm oil prices will help improve local purchasing capacity and boost demand. Compound fertilizer Recently, the international compound fertilizer market has remained stable and relatively strong, with prices stabilizing in some regions and rising in some regions. Among them, the prices of nitrogen, phosphorus, and potassium in Spain and Southeast Asia have slightly increased, while India's 20-20-0+13S shipment volume has increased. There is significant news in the West African market that Mali's state-owned cotton producer CMDT has released an annual fertilizer tender, seeking 113000 tons of 14-18-18+5S+1B+2.5CaO and 55000 tons of 17-17-17, as well as 89000 tons of urea. This bidding will be closed on October 10th. In India, with active trading, NFL sells 30000 tons of 12-32-16 Russian sources at a price of $470 per ton of CFR In the third quarter, the price of phosphoric acid in Western Europe decreased to $1000- $1077 per ton, compared to $1280- $1364 per ton in the previous quarter. Norwegian Yara announced this week that its September synthetic ammonia contract with US fertilizer producer Mosaic was priced at $390 per ton of CFR, an increase of $95 per ton from August. It is expected that compound fertilizer prices will continue to rise in most markets in the future. Suppliers will continue to push up prices in the fourth quarter, but they may also face significant upward resistance, especially with limited market demand in some regions in the coming months.

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate The abnormal fluctuations in urea market prices have attracted widespread attention. On September 3rd, the China Agricultural Materials Circulation Association issued a call, stating that the urea market has recently deviated from supply and demand fundamentals. Industry enterprises should operate rationally, prevent risks, consciously resist speculative behavior, avoid following the trend and hype, jointly maintain a good market environment, and promote healthy and sustainable development of the industry. Or influenced by hot money speculation Recently, there has been irrational speculation in the domestic urea futures market, which has had a negative impact on the smooth operation of the domestic fertilizer market. Since June, the domestic urea futures prices have risen rapidly, with the average settlement price of the main contracts rising from the lowest point of 1649 yuan/ton on June 12 to 2356 yuan/ton on September 1, driving the urea spot market to rise to varying degrees. According to the monitoring data of the China Fertilizer Price Index of the China Agricultural Materials Circulation Association, the national average wholesale price of urea on August 28th was 2547.18 yuan/ton, an increase of 5.47% month on month from July 31st. Regarding the recent sustained increase in urea prices, the China Agricultural Materials Circulation Association quoted industry insiders as analyzing that some hot money has entered the urea futures market for speculation and speculation, interfering with the normal functioning of the price mechanism and stirring up the spot market, which may affect the supply of autumn and winter fertilizers and the implementation of the national fertilizer commercial reserves in the upcoming new year. Relevant national departments will take a series of regulatory measures to guide and stabilize the fertilizer market. On September 2nd, Zhongnong Group, a large backbone enterprise under the All China Federation of Supply and Marketing Cooperatives and a controlling subsidiary of China Agricultural Production Means Group Co., Ltd., issued a supply guarantee proposal, stating that the current period is an important period for the conversion of domestic urea during the low and peak seasons and winter reserves. Recently, domestic urea prices have experienced a rise in the low season and futures prices have fluctuated. Remind all partners to beware of business risks and approach the market rationally. At the same time, Zhongnong Group has issued an initiative to its domestic partners: rational organization of purchasing and sales, avoidance of "following the trend procurement", active marketing, opposition to hoarding and speculation, conscious resistance to speculative behavior, joint maintenance of a good market environment, promotion of healthy and sustainable development of the industry, and making positive contributions to ensuring food security. picture The China Agricultural Materials Circulation Association solemnly calls on industry enterprises to enhance their political standing, fully recognize the importance of ensuring the supply of fertilizers, fulfill their social responsibilities, actively organize fertilizer production, market purchase and sales, and service work, fully provide domestic supply of fertilizers and other agricultural materials, effectively maintain price stability, and make positive contributions to ensuring food security. According to the analysis of Guoxin Futures, due to the reduction of supply, unexpected exports, and the concentrated production and raw material replenishment of composite fertilizer enterprises, they jointly supported the demand during the off-season period. In late August, the inventory of urea enterprises continued to remain low. Urea enterprises have sufficient confidence in price support, and the urea market has shown strong performance, resulting in a phenomenon of "not weak in the off-season". The appeal of the association can remind industry enterprises to operate rationally and prevent speculative behavior, "Yuan Shuai, Executive Vice President of the Agricultural, Cultural and Tourism Industry Revitalization Research Institute, told Securities Daily. However, the formation of prices is influenced by multiple factors, and relying solely on the association's voice may not be able to completely curb price imbalances. It also requires the joint efforts of the government and all parties in the industry

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate On August 24th, the Minister of Agriculture of Kazakhstan visited Russian Ambassador to Kazakhstan Bashkin, hoping to strengthen agricultural cooperation with Russia and establish a fertilizer plant in Kazakhstan. If the project is implemented, Russia will shift from exporting fertilizers to producing fertilizers in Kazakhstan. According to data from the Kazakh National Bureau of Statistics, Russia is currently the largest fertilizer supplier in Kazakh, accounting for 43% of the market share, while China accounts for 11%. picture Establishing a fertilizer plant in Kazakhstan can effectively reduce the trade deficit, but such projects are difficult to promote. German company Ferrostaal invested 1.25 trillion Central African Francs (approximately 2.083 billion US dollars) to establish a fertilizer plant in Linbei, southwestern Kazakhstan, but was put on hold for 10 years due to natural gas prices. In June of this year, the acting Minister of Industry and Mines of Kazakhstan announced plans to implement three fertilizer plant projects, but did not disclose the specific time. In 2023, the Kazakh government announced that it would provide 14 billion CFA francs (about US $23.33 million) to subsidize the soaring price of fertilizer caused by the Russia-Ukraine conflict.

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Compared to the end of July, the fertilizer prices at the end of August did not show much change in Wuwuchacha's urea. The high and low urea prices were the same, just like carving the spot into a K-line chart. You can call it horizontal consolidation and high volatility, but the four times a day is not very exciting; Diammonium and compound fertilizers have increased somewhat, and their attention has been quite high, but the increase is not significant for the time being (on the surface of Diammonium, it seems like this), so their momentum is relatively weak and they have been lost; Only potassium chloride and monoammonium have risen by about 500 yuan in this month, creating another miracle! In the past few days of late August and early September, the market attention has been attracted by a few pieces of paper! These few pieces of paper are from leading enterprises, industry associations, urea, and potassium fertilizers. Simply put, ensuring supply and stable prices must have a political height, condemning the hoarding and hoarding of the upper and middle reaches, and warning the downstream not to blindly follow the trend. Who knows if urea futures are obedient or something, they unexpectedly hit the limit today! However, there is still an increase in spot prices, an increase in potassium fertilizer, and you cannot buy ammonium phosphate When it comes to hyping up the market, anything that comes out is good: the strength of urea and ammonium phosphate is good (after all, I have reason to chase up the price of potassium fertilizer); An international increase is positive (after all, $5 or $10 is not also an increase); Russia's establishment of a unified fertilizer export trading company is beneficial, and imposing tariffs is even more beneficial ("men" who have increased by 500 yuan a month are still stingy about the over 100 yuan); Now that the proposals for ensuring supply and stabilizing prices have all come out, of course it's still good because it's not a problem. Why is he putting in so much effort? (Okay, you're tough!) Recently, there has been a significant increase in the number of bonded to conventional goods, and the total amount of potassium chloride stored in the port is still nearly 3 million tons, which is not low; There are no major issues with the production and shipping of domestically produced potassium. Even though there has been a decrease in production in the first half of the year, the manufacturer has stated that they will strive to achieve the overall annual target in the second half of the year; The land transportation volume is indeed somewhat low, which gives the port the opportunity to increase prices recklessly. Why are you lacking in land transportation? Since ports are the leaders, let's talk about ports. At present, China's $307 contract is at the low end of the international market, but it is not alone. The Brazilian market, which has rebounded to $350-360 and stabilized, has slightly rebounded, but the low end is still in the Southeast Asian market of $300-320. According to the usual premium relationship, our depression is actually similar to the flat land. At present, the spot price of the port has risen to around 3000 yuan, which translates to an import cost price of up to $350. Even if it is not an international high-end, it is not much different. At this time, it is good for the government to intervene in a timely manner and let enterprises calm down. Is it true that the Chinese market is once again leading the global potassium fertilizer price increase? At this moment, I remember Mr. Yu's catchphrase 'far ahead', and I sincerely hope that enterprises and fields like Huawei can always be far ahead! Do you understand the meaning of this, the person who stirs up the market? Yes, there are risks to supply, but what should be done more is to do everything possible to ensure imports? Say a thousand words, you can't wake up a person pretending to sleep! This article does not mention the market situation, nor does it serve as a reminder of risks. Potash fertilizer prices

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate On August 25th, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Ecology and Environment, the Ministry of Commerce, the Ministry of Emergency Management, and the All China Federation of Supply and Marketing Cooperatives issued a notice on the "Work Plan for Stable Growth in the Petrochemical and Chemical Industry" (hereinafter referred to as the "Work Plan"). The Work Plan points out that the main goal of stable growth in the petrochemical and chemical industry from 2023 to 2024 is to maintain stable growth in the industry, with an average annual growth rate of industrial added value of about 5%. Among them, the fertilizer production (converted into pure amount) needs to be stable at around 55 million tons in 2024. The work measures related to the fertilizer industry are summarized as follows: Increase efforts in technological transformation. Implement energy efficiency and pollutant emission quota standards for key industries, target energy efficiency benchmarks and environmental performance grading at A-level, and promote energy conservation, pollution reduction, and carbon reduction transformation efforts in industries such as refining, ethylene, paraxylene, methanol, synthetic ammonia, ammonium phosphate, calcium carbide, caustic soda, yellow phosphorus, soda ash, polyvinyl chloride, and purified terephthalic acid. Various regions should accelerate the elimination and exit of outdated production capacity such as atmospheric and vacuum distillation units with an annual output of 2 million tons or less that do not comply with national industrial policies. Support the industrialization demonstration of non grain biomass production of bio based materials and associated organic fertilizers. Promote intensive and concentrated development. Build an efficient and high-value utilization industrial base for phosphorus resources, accelerate the structural adjustment of traditional industries such as phosphorus fertilizer and yellow phosphorus, and enhance the supply capacity of phosphorus chemical products required for new energy, big food, and big health. Build a world-class salt lake industry base and improve the comprehensive utilization efficiency of resources such as potassium, lithium, and boron. Carry out industry "three quality" actions. Carry out brand promotion weeks, industry quality management groups, and other activities, release industry brand development reports, and promote the improvement of quality and brand creation of large-scale products such as fertilizers, coatings, dyes, tires, and fluorosilicone materials. Support petrochemical production enterprises and users in the fields of textile, electronic information, mechanical equipment, etc. to establish a cooperative model of early intervention and continuous improvement in research and development, provide customized, functionalized, and specialized products and comprehensive services, establish and improve traceability systems such as electronic labels, achieve the transformation from selling single products to providing integrated solutions, improve collaborative manufacturing efficiency, and expand new space for consumption growth. Strengthen international production capacity cooperation. We will steadily promote international production capacity cooperation in industries such as tires and fertilizers, and drive relevant technical equipment and engineering services to "go global". Encourage the construction of characteristic chemical industrial parks facing the markets of neighboring countries in areas with conditions, and form an efficient, coordinated, green, and stable supply chain system with neighboring countries and regions. Improve the level of guarantee for key elements. Actively expand the supply channels of petrochemical raw materials, build a stable and diversified supply system, and orderly carry out the construction of overseas crude oil, potassium fertilizer, and natural rubber bases. Strengthen the supply guarantee of coal and gas for key products such as fertilizers, encourage major coal and gas users in petrochemical and chemical industries to sign medium to long-term contracts for production and transportation needs with relevant supply and transportation enterprises, improve the degree of performance of coal and gas contracts, and strive to ensure stable supply of production factors and reasonable prices. Ensure the supply of fertilizer production. Implement the minimum production plan management for key fertilizer production enterprises, encourage sulfur and acid smelting enterprises, and phosphorus fertilizer production enterprises,

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Since the evening of July 25th, India has launched a new round of bidding for the import of non quantitative and small particle urea. The bidding will be opened on August 9th, and the quotation will be valid until August 18th, with the latest shipping date until September 26th. Let the low season market that urea should have experienced this year continue to maintain a relatively strong trend due to export demand. Comparison of mainstream domestic urea factory price trends picture As of August 14th, the mainstream factory of Shandong Zhongli Granules is around 2500 yuan/ton. From the price trend chart, it can be seen that this year's urea trend is opposite to last year's trend, with the first half of the year in a fluctuating downward trend. However, since mid June, urea prices have started to bottom out and rebound, and until now, urea is still in a fluctuating upward trend. From June to July, it is more likely that domestic summer demand is lagging behind and procurement concentration is driving up urea prices. Subsequently, domestic demand was boosted by exports, and traders concentrated on sweeping and exporting to ports. The gradual recovery of port inventory led to a continuous reversal of the urea market, which was originally a low demand season, and the price center gradually shifted upwards. Comparison of urea inventory trends in domestic ports picture From the perspective of port inventory, the recent urea port inventory has shown a significant rebound, mainly due to India's urea bidding. Traders have been sweeping large quantities of land based ports since mid to late July. Around August 10th, the urea inventory of major domestic ports has reached a level of over 300000 tons. In addition, there are still some urea sources that have not yet been shipped from factories. After the bid opening, prices are expected to improve, and urea sources continue to be shipped to ports. On August 14th, it was reported that China's supply of nearly 1.1 million yuan was being marked in the market. As soon as the news emerged, futures prices rose, and the sentiment in the spot market was quietly changing. From the number of ports and orders that have not yet been executed by urea factories, it is evident that the current supply of 1.1 million tons of urea is not sufficient. The shipping date for the printed label is September 26th, and it is more likely that some new export orders will continue to be traded in August. Even though domestic demand is in the off-season stage, the concentrated increase in export demand has to some extent compensated for the demand gap in domestic trade. The domestic supply and demand gap in August will be around 600000 to 700000 tons. If August exports are around this value, it will be easy for the domestic market to rise but difficult to fall. However, this time, the supply of Indian Standard China's goods far exceeds expectations. The main urea factories mainly issue orders from the port in the short term, and the production and sales balance of the factories makes it difficult to form a stock accumulation trend, making it easier for the market to drive up. Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Saudi Arabian mining company Ma'aden has renewed an agreement with Bangladesh Agricultural Development Company to supply 600000 tons of fertilizer to BADC. This agreement was signed during the BADC delegation's visit to Ma'aden headquarters. Ma'aden's supply of diammonium phosphate accounts for approximately 42% of Bangladesh's estimated demand. The renewal of this agreement further consolidates the company's commitment to meeting the demand of the global phosphate fertilizer market. picture In the past few years, Ma'aden has expanded its phosphate fertilizer production and plans to increase its phosphate fertilizer production by 50% to 9 million tons per year through the company's phosphate 3 large-scale project. Ma'aden plays an increasingly important role in the global agricultural value chain by strengthening partnerships with key stakeholders, providing high-quality fertilizers, and helping to support global food security. Hassan Al Ali, Executive Vice President of the Ma'aden Phosphate Division, reviewed the agreement, Say: We are pleased to continue working with BADC to ensure a reliable supply of high-quality fertilizer products to the Bangladesh market. As our business grows, despite global economic challenges, such partnerships are helping us drive sustainable growth in agricultural production in agricultural markets around the world. We are pleased to extend our relationship with BADC for nearly a decade and play a role in helping support food security efforts in the region Function

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate In the past month, the landed price of urea imported from India has soared from $318-320 per ton to $395-410, and it had dropped to $285-290 at the end of June. Prior to the key elections for the five state councils of Madhya Pradesh, Rajasthan, Chhattisgarh, Trengana, and Mizoram held later this year, the central government led by the Indian People's Party has a new concern: the global rebound in fertilizer and raw material prices. Last month, the landed price of imported urea from India surged from $318-320 per ton to $395-410, and dropped to $285-290 at the end of June. The same is true for diammonium phosphate, with a CIF price of $435-440 per ton in mid July. Two weeks ago, the price rose to $480, currently at $560 per ton. In the past month and a half, the landed price of ammonia used for domestic production of diammonium phosphate has also increased from $300 to $310 per ton to $400 to $405. An insider said: "The trend of international prices falling back from the high level after the Russia-Ukraine conflict last February has obviously reversed." In July 2022, the import price of diammonium phosphate reached its peak at $950- $960 per ton; The price of urea from November 2021 to January of the following year is $900- $1000 per ton; Ammonia was $1575 in April 2022, and phosphoric acid was $1715 from July to September 2022. The source said, "If the current trend continues, even the import price of $850 per ton determined with global suppliers from July to September must be reset next quarter At the same time, the price of potassium chloride remains relatively low, at $319 per ton, dropping from $590 per ton to $422 in March and April June 2023. Russia currently maintains sufficient supply in the global potassium fertilizer market. The rise in fertilizer prices has brought two problems to the Indian government. Firstly, there is the financial aspect. Allocate 1.75 trillion rupees in the 2023-24 union budget for fertilizer subsidies; With global prices falling, 45.113 billion rupees were used in the quarter from April to June, which is expected to further save expenses in the coming months. Now it may be necessary to re-examine these calculations. In the year leading up to the national elections expected to be held from April to May 2024, the government will have no choice but to provide more funding for fertilizer subsidies, with the amount of fertilizer subsidies reaching 21513.935 billion rupees in 2022-23. Related to this is the second issue, which is the political issue. The Modi government's goal is to import 6 million tons of diammonium phosphate within the next four months to ensure sufficient supply from November to December. At that time, crops including wheat, mustard, barley, fragrant beans, lentils, potatoes, garlic, and cumin will be sown in the states where parliamentary elections are planned. Experts say the government is unlikely to compromise on the issue of fertilizer imports, nor is it likely to accept the image of farmers queuing for hours to buy a bag of urea or diammonium phosphate. If necessary, the government will make every effort to import and provide higher budget subsidies. Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Headlines The RMB trading share in the Russian foreign exchange market reached a new high in July The latest report released on the website of the Russian Central Bank on the 8th shows that the structure of the Russian foreign exchange market continues to change, with the share of the Chinese yuan in foreign exchange transactions rising from 39.8% in June to 44% in July, reaching a new high. TASS reported that according to the financial market risk assessment report released by the Russian Central Bank, the share of major Western currencies such as the US dollar and euro in the Russian foreign exchange market decreased from 58.8% in June to 54.4% in July. In over-the-counter trading, the share of the Chinese yuan increased from 18.4% in June to 19.2% in July. According to data from the Moscow Stock Exchange, in February this year, the Chinese yuan surpassed the US dollar for the first time, becoming the exchange's largest monthly trading currency. In 2022, foreign currencies such as the US dollar and euro declined in Russia, while the renminbi is becoming one of the most popular foreign currencies in Russia. Russia Announcing the extension of EAC Easy Certification Scheme to September 2024 Recently, Russia issued Resolution 1133, extending the implementation date of the EAC simplified certification scheme to September 1, 2024. Before this date, products can be imported into Russia without labeling. According to the new resolution, applicants for the simplified certification scheme can decide whether to publish relevant certification (EAC DoC) information on the government website. If not disclosed, such products cannot be sold in the market. In addition, if the information is disclosed, the applicant must complete the relevant certification according to the conventional plan before the expiration of the simplified EAC DoC validity period. EAC certification is based on the commitment of the Customs Union of Russia, Belarus, and Kazakhstan to develop unified standards and requirements to ensure product safety. It is a proof that the product meets the technical regulations of the Customs Union, also known as the Customs Union CU-TR certification, and is applicable to CIS countries such as Russia. Britain Announce indefinite retention of EU "CE" certification According to a recent report from China News Agency in London, based on industry calls, the UK government will indefinitely retain the use of the EU's product safety symbol "CE". This is seen as the latest concession in a series of reforms and changes after Brexit in the UK. The British government announced on August 1st that it is committed to reducing the burden on businesses and helping economic growth by "eliminating barriers and red tape", and has announced an indefinite extension of the period for businesses to use the "CE" logo. Stephen Pherson, CEO of Manufacturing UK, a manufacturing industry organization, stated that the organization has been lobbying the government to retain the "CE" certification, stating that unlimited extension is a "pragmatic and reasonable decision" that manufacturers will greatly welcome and support. He also stated that this move will help protect the competitiveness of manufacturers and help the UK become an investment destination. It will give people more confidence in doing business in the UK The UK Department of Commerce and Trade stated that the decision to retain the EU product safety label was made after discussions with the industry and described it as a "critical request from businesses", stating that it would help reduce the burden on businesses and promote UK economic growth Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate According to data from the Ukrainian Agricultural Consulting Company, on August 11, 2023, Ukraine's nitrogen fertilizer production will reach a historic high, with various types of nitrogen fertilizer production exceeding 220000 tons, which is the highest level since March 2022. The growing demand for nitrogen fertilizers in EU countries and Asian markets enables Ukrainian producers to anticipate sustained demand for the next three months. Due to the successful sales of nitrogen fertilizer in June and July, Oschem Company in Ukraine successfully secured orders before September. According to various estimates, the market may sell 120000-150000 tons of nitrate and 60000 to 70000 tons of urea, as well as ammonium nitrate and other fertilizers in the past two months. Given that field investigations in Ukraine in the autumn are still ongoing, the demand for these fertilizers is still insufficient, "the statement said. It is expected that Cherkasy and Rivne's factories will produce up to 100000 tons of nitrate in August. Cherkasy's "Azot" factory will complete the maximum production plan for urea and 60% production of ammonium nitrate, while "Rivneazot" will be able to launch limestone nitrate in the second half of August. These factories will produce a total of 225000 to 225000 tons of products, setting a record for Ukraine in the past 530 days. At the same time, Ukrainian agricultural consulting company pointed out that in September, the Odessa port factory and "DniproAzot" may be launched, adding more nitrogen fertilizer to the country's market. These enterprises will compete for a limited domestic consumer market and enter the global market. Producers who are unable to sell nitrogen fertilizers domestically in August (when agricultural holding companies make purchases) will be forced to keep their inventory until February (when small and medium-sized agricultural enterprises will make purchases) . Another sales option is to export nitrogen fertilizer. Starting from September 2023, this choice will be attractive to everyone. Analysts predict that due to Russia's withdrawal from the 'Food Agreement', which has affected agricultural product prices, the situation in the fertilizer market will become more complex. Fertilizer market experts predict that farmers may purchase more fertilizers in 2024 due to their successful harvest in 2023. Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate On Monday (August 14th), stimulated by news that China had promised to provide nearly 1.1 million tons of urea in India's urea import bidding, the main contract prices of urea futures surged throughout the afternoon, rising nearly 3% at one point, reaching a two-week high of 2115 yuan during the session. Afterwards, they slightly declined, and finally closed up 1.90% at 2089 yuan. The urea futures price fluctuated and fell in the morning trading today, and subsequently fell into a volatile long short game market. picture Source: Wenhua Finance According to the latest news, in the latest round of urea import bidding in India, Indian Potash Fertilizer Company (IPL) received a confirmed order of 1.6 million to 1.7 million tons, with China committing to supply nearly 1.1 million tons. This news has boosted market confidence in domestic urea exports. On August 9th, the bid was opened and a total of 3.3825 million tons of urea were received from 23 suppliers. The lowest quotation for the East Coast is $396 per ton (CFR price), while the lowest quotation for the West Coast is $399 per ton (CFR price). Analysts say that there are currently approximately 350000 to 700000 tons of ready goods for printing labels in China, with 1.1 million tons clearly exceeding the current stock. At present, these sources of goods are distributed in various links, including manufacturers, ports, and social warehouses, and there may still be some empty orders to be supplemented. If these sources of goods can be smoothly exported and sold, it may even trigger new procurement demand, which will bring new support to the domestic market before late September. At the same time, the synergistic effect of other domestic favorable factors is expected to trigger a phased market trend. Against this favorable backdrop, the main urea futures contracts have seen a tail up trend. Investors generally believe that tight supply may persist in the future, supporting the upward trend of urea prices. Some large investment institutions are even gradually increasing their holdings in urea futures to seek better investment opportunities. In terms of spot goods, the urea market continues to experience a high price phenomenon today. The urea market in Shandong region is showing a basically stable trend, with mainstream factory prices around 2460-2500 yuan/ton. The reference price for first-hand traders in Linyi market is about 2520-2530 yuan/ton, while the reference price in Heze market is around 2480-2500 yuan/ton. At present, the urea factory has received a large amount of advance receipts, and the orders from the port continue to be shipped, indicating a clear sentiment of price support. picture Source: Feiyitong The investment research team of Huawen Futures stated that urea surged nearly 3% in late trading, mainly due to China's commitment of nearly 1.1 million tons of supply in India's imported urea, which further boosted export confidence. In addition, the current operating rate and daily production have slightly decreased; Improving the operating rate of compound fertilizer production capacity; The upward trend of international market prices has not yet turned around; High spot basis. Overall, the current decline in urea production, short-term supply constraints, and high spot water prices are still positive factors. However, despite the recent strong performance of urea prices, there is still some uncertainty in the market. Changes in the global agricultural market, policy adjustments, and climate factors may all have an impact on the demand and supply of urea Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Due to strong domestic demand in Indonesia in the first half of the year, Pupuk Indonesia shifted its main market to the domestic market, resulting in a 22% decrease in urea exports from January to June. According to GTT data, the total export volume of Indonesia during this period was 641900 tons. Urea exports continued to decline from January to April and June, with the exception of May due to tight urea supply in major Asian markets, which led to an increase in exports over the course of the year. Due to other Southeast Asian producers withdrawing from the spot market due to production issues at their factories, Pupuk Indonesia issued a tender for urea sales in May to meet regional demand. The Philippines was the largest export destination for urea in Indonesia from January to June, with exports increasing by 71% year-on-year, reaching 145200 tons. Exports to Vietnam increased by 92% to 85500 tons, mainly due to Vietnam's demand increasing with more rainfall, resulting in a surge in deliveries between May and June. But exports to Australia decreased by 47% to 116200 tons, with shipments in April and June being the lowest. Indonesia's urea exports decreased by 25% year-on-year in June, to 152700 tons. The shipment volume to the Philippines has increased nearly six times compared to the same period last year, reaching 59600 tons, while the export volume to Vietnam is nearly three times higher than the same period last year, reaching 26000 tons. However, due to internal affairs and domestic market commitments, Pupuk Indonesia is still outside the spot market this month and has postponed urea sales bidding, which may result in a decrease in exports in July. The manufacturer returned to the spot market on August 9th and won the bid to sell a total of 35000 tons of urea for export. Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Recently, the urea market has been constantly fluctuating, and the market trend has been more rapidly rising and falling under the guidance of news, with the most obvious reaction being the Indian mark. The driving force of the printing label message not only directly affects the current market price, but also penetrates into the domestic supply and demand level in the later stage. As of August 15th, the market price in Linyi, Shandong was at 2550 yuan/ton. After experiencing a wave like trend, the urea market gradually rose back to its high level in the past half of the month, and the maximum fluctuation range in the past half of the month was around 200 yuan/ton. The impact of emotions determines that the fluctuation range of urea has increased, and the market has to keep up with the atmosphere fluctuations. How does the news affect the market? picture With the increasing number of market news games, the weight of emotions in the market influence is increasing, and the most obvious force lies in the judgment of emotions on the future market of the industry. When the positive news gradually ferments, emotions tend to hold an optimistic attitude towards the future market, while the internal response of supply and demand will weaken. The transmission of printed messages is the most intuitive manifestation. The impact of marking: India is an important exporter of urea in China, accounting for about 50% of the annual domestic export volume. According to export data for 2022, the total export volume was around 2.83 million tons, with India still ranking first, with an export volume of 1.2399 million tons, accounting for 43.80% of the total export volume. There are two methods of procurement in India: global bidding procurement and long-term contract procurement. Among them, global bidding and procurement are the most closely watched labels for us. The impact of bidding runs through August to September because it spreads from market rumors to the opening of bids in India, to market news, and ultimately to the deadline for shipping. The entire process will be accompanied by continuous transmission of news, and for the current domestic off-season market, the appearance of the logo has been classified as a positive in the impression of the industry, so the market's response will follow the changes in the logo news. picture The specific purpose of this printing bid is reflected in its price. India's IPL urea import bidding has received a total of 23 suppliers, totaling 3.3825 million tons. The lowest quotation for the East Coast is CFR396 USD/ton, while the lowest quotation for the West Coast is CFR399 USD/ton. The landing of prices can directly affect the size of arbitrage space at home and abroad, and there is export space for the current printing price to match the domestic factory price. However, before the price landing, the expectations of the industry for this printing price were too high, with most speculations reaching $400/ton FOB. Therefore, when the boots landed, the price gradually returned to a rational level, and the industry's inflation momentum decreased. The expected value for the future market weakened, and market sentiment fluctuated, At this time, urea prices also experienced a small trough and decline cycle. The second aspect is reflected in the quantity. Similar to the price, people tend to maintain a good attitude before the news hits the ground. The most common rumored news among industry insiders is that China's supply may reach 1.1 million tons, which led to a surge in futures prices yesterday. The most intuitive feedback on the number of printed labels is domestic supply and demand. For the current high daily production domestic supply, the increase in the number of printed labels undoubtedly puts pressure on the supply side of current manufacturers Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Recently, the prices of nitrogen, phosphorus, and potassium raw materials in China have been consistently rising. Although the urea market fluctuates slightly in the middle, it has resumed an upward trend driven by international standards. In terms of potassium fertilizer, potassium chloride has also returned to near the import cost line, and the price of potassium sulfate continues to rise. The international raw material prices, nitrogen, phosphorus, and potassium, driven by bidding in their respective international markets, have been continuously rising, basically reaching the same pace as the domestic and international markets, and prices have rebounded. picture From the trend of international potassium chloride prices, in mid July, spot prices in the international Brazilian market took the lead in stopping the decline and rebounding, mainly reflected in the large particle potassium chloride varieties. Driven by the rebound in market demand, Brazil's demand for potassium chloride raw materials has increased, indicating signs of improvement in the international potassium chloride market. On the Indian side, the previously rumored new large contract price has not been officially announced. However, based on recent order transactions, India's NFL has awarded a bid on July 31st to purchase 100000 tons of standard potassium chloride at a CIF price of $319 per ton, with a 180 day credit limit. This is consistent with the previously speculated contract price for India's new standard potassium chloride, but this price is still higher than the CIF contract price of $307 per ton in China. picture On the other hand, let's take a look at the international market trend of potassium sulfate. From a price perspective, the prices of the main potassium sulfate markets in Northwest Europe and Asia have gradually stabilized and have not continued to decline. Even the offshore price of potassium sulfate in Northwest Europe showed an upward trend last week, while the offshore price of potassium sulfate in Asia has maintained a relatively stable trend in the past month. picture From the perspective of the domestic market, the price of potassium sulfate stopped falling earlier than that of potassium chloride. The potassium sulfate market began to decline in mid June, and the potassium chloride market began to recover in late July. Under the control of major importers and domestic potassium chloride market sources, the market price of potassium chloride has gradually retreated to near the cost price of large contract imports. The supply of goods in the bonded zone is also being orderly and in quantity, supplementing the circulation of goods in the domestic market. In terms of potassium sulfate, all resource-based potassium sulfate manufacturers continue to undergo maintenance, while processing units, although recovering to an average operating rate of 60%, have not yet fully met market demand. Therefore, despite the tight supply of potassium sulfate, prices continue to rise. Based on the domestic supply and demand relationship, the potassium fertilizer market is likely to remain at its current price level, and the continued rise in potassium chloride prices still requires the demand from downstream factories to drive it forward; The potassium sulfate market still needs to pay attention to the continuation of orders in September and whether it can maintain a tight supply trend. However, it is necessary to pay attention to the completion of equipment maintenance in resource-based factories in September and the gradual resumption of production, which will have a certain supply of goods to supplement the scarce domestic potassium sulfate market. Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

urea Due to the shift towards short selling in the international market and a slowdown in demand from importers, urea prices have started to decline this week. The urea bidding in India is an important event this week, with the lowest prices being $396 per ton for East Coast CFR396 and $399 per ton for West Coast CFR399. The net profit from trading to manufacturers in India is much lower than last week, but after the Indian bidding, market prices in most regions have declined, and the short-term outlook is weak. The transaction price of small batches in Brazil has steadily decreased to $CFR415 per ton, a 10% decrease from last week's peak, and the quantity is only half of last week's. In October, the FOB price of Nora in the United States decreased to $350 per ton (CFR380 per ton). The demand in the European market is average, with a total demand of only a few thousand tons this week, and the price has dropped to CFR430-435 USD/ton. New demand has emerged in Southeast Asia, Mexico, and Canada, but buyers seem to only want to determine their purchasing needs after understanding the impact of the logo. The quantity and scale of shipments from China to India, as well as the ease of execution in the coming weeks, will have a significant impact on the overall market balance. The return of Indonesia and Brunei to the spot market will greatly alleviate the tense situation in the urea market. Despite weak market performance in the short term, concerns about winter energy prices may continue to support non seasonal high demand throughout the third quarter. International price of small particle urea (in bulk) (unit: USD/ton) picture International Price of Large Granular Urea (Unit: USD/ton) picture ammonium sulfate Most caprolactam factories in Europe are still operating at low production capacity. According to new transactions and quotations, the standard caprolactam grade from Northwestern Europe is priced at $165-193 per ton FOB, and the price of granular materials is $270-330 per ton. According to the latest quotation and indications, the price of standard ammonium sulfate in China was evaluated as 161-170 US dollars per ton FOB this week, lower than last week. There are no reports of any export transactions. The downward trend in the price of urea in China has also put pressure on the price of ammonium sulfate. The FOB price of MMA grade ammonium sulfate is $135- $145 per ton, but the quotation is limited and no transaction was reached this week. According to new trading and market signs, the price of extruded ammonium sulfate particles is estimated to be $195-210 per ton FOB this week. In addition, the transaction price for 10000 to 15000 tons of extruded particles shipped from August to September is $210 per ton FOB. Due to the bidding results for urea in India, importers are still on the sidelines, and Brazilian import demand is weak this week. Due to the uncertainty of urea bidding in India, the number of squeezed particle manufacturers receiving goods is limited. Atlas in the Philippines has released a bid to purchase 6000 tons of standard ammonium sulfate, which will be shipped to the ports of Sangi and Davao before September 10th. The bidding will end on August 11th. A Vietnamese importer hopes to purchase standard ammonium sulfate at a price of $140- $150 per ton of CFR for shipment in the second half of September for compound fertilizer production in October. The domestic price of standard ammonium sulfate from China is displayed as 4400-5600 dong/kg Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate Since the weekend, domestic urea prices have been operating in a weak state, with quotations lowered by around 20-50 yuan/ton and partially increased by 10-40 yuan/ton. Currently, the mainstream price is around 2320-2450 yuan/ton, and the market supply is loose, while demand continues to be weak, resulting in insufficient overall market price support. Affected by the sentiment of buying up instead of buying down, the demand in the domestic urea market has further weakened, and the atmosphere for factory new orders is generally average. Factories are forced to lower prices to buy orders, and the pressure on the domestic urea market is gradually beginning to emerge. Many in the industry are looking forward to the news of the bid opening. It is expected that the domestic urea market will be weak in the short term and will continue to consolidate and operate downwards. Urea price trend on August 8th The quotation of enterprises in Shandong region has been partially reduced by 20-30 yuan/ton, while the prices in Linyi and Heze regions have been partially increased by 10-30 yuan/ton. The factory quotation for small and medium-sized particles is based on around 2320-2450 yuan/ton, the receiving price for small particles in Linyi region is based on around 2400 yuan/ton, and the receiving price for small particles in Heze region is based on around 2390 yuan/ton. The quotation of enterprises in Hebei region is temporarily stable, and the factory price of small and medium-sized particles is around 2390-2450 yuan/ton. The quotation for enterprises in Henan region has been partially reduced by 20-30 yuan/ton, and the mainstream factory quotation for small and medium-sized particles is around 2350-2410 yuan/ton. The quotation of enterprises in Anhui region is temporarily stable, and the mainstream factory quotation for small and medium-sized particles is around 2490-2540 yuan/ton. The quotation of enterprises in Jiangsu region has been partially reduced by 20 yuan/ton, and the mainstream quotation for small and medium-sized particles is based on around 2500-2550 yuan/ton. The quotation of enterprises in Shanxi region has been partially reduced by 20 yuan/ton, and partially increased by 40 yuan/ton. The quotation for small particle truck transportation is based on around 2030 2360 yuan/ton, and the quotation for large particle truck transportation is based on around 2310 2400 yuan/ton. The quotation of enterprises in Hubei region is temporarily stable, and the mainstream quotation for small particles is based on 2470-2540 yuan/ton. The quotation of enterprises in Jiangxi region is temporarily stable, with a factory quotation of 2550-2570 yuan/ton for small particles. The local sales quotation of enterprises in Shaanxi region has been partially reduced by 70 yuan/ton, and the external sales have increased by 10 yuan/ton. The reference for small particle mainstream local sales is 2386 yuan/ton. The quotation of enterprises in the Sichuan region has been partially reduced by 50 yuan/ton, and the factory quotation for small particles is based on around 2400-2450 yuan/ton. The quotation of enterprises in Guangdong region is temporarily stable, with mainstream prices in the small particle market of around 2660-2680 yuan/ton. The quotation of enterprises in Guangxi region is temporarily stable, with the mainstream price of small particles around 2580-2600 yuan/ton. The quotation of enterprises in Xinjiang region is temporarily stable, and the factory quotation is based on 2150-2250 yuan/ton. The quotation of enterprises in Inner Mongolia is temporarily stable, and the quotation for small particles is around 2080-2400 yuan/ton. The quotation of enterprises in Liaoning region is temporarily stable, and the quotation for small particle urea transportation by truck is about 2470 yuan/ton. The quotation of enterprises in Heilongjiang region is temporarily stable, and the quotation for small particle urea transportation by truck is about 2250 yuan/ton Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate