1. Nitrogen fertilizer market

Domestic urea spot prices accelerated upward, and ex-factory quotations in many places were raised. India's new standard drove the international urea market sentiment, and domestic expectations followed the warming. The upstream acquiring increased significantly, and middlemen were the main purchasers. The downstream was slightly hesitant about the latest quotations.

2. Phosphate fertilizer market

The domestic monoammonium phosphate market continued to consolidate. Enterprises mainly executed pre-collected orders in the early stage. The cost was also high, and the price remained strong. Some adopted a limited supply strategy or suspended orders. There was no significant improvement in downstream demand, new orders were limited, and prices did not change significantly for the time being. The market wait-and-see atmosphere was strong.

The trading atmosphere in the diammonium phosphate market was light, and enterprises actively executed international and domestic orders to be issued. The price center of gravity remained stable under the support of high costs. The demand in India and the rise in the prices of raw materials such as phosphate rock and sulfur supported domestic prices, but terminal purchases were cautious, and the possibility of large fluctuations in the short term was small.

3. Potassium fertilizer market

Potassium sulfate raised its offer price following the change of cost pressure, but the transaction was limited at the high price.

Potassium chloride price has not stopped rising after hitting a new high this year. According to news, potassium fertilizer will continue to rise in price. Coupled with the shortage of supply, the price of potassium fertilizer market has increased significantly.

4. Compound fertilizer market

The domestic compound fertilizer market continues to run in a narrow range. With the start of autumn fertilizer preparation, some companies have tentatively introduced pre-collection prices, but dealers are still cautious in purchasing. The differentiation of raw material costs (urea fluctuations, ammonium phosphate remains strong, and potassium fertilizers rise) has led to a compression of corporate profit margins. It is expected to remain weak in the short term, and may face a real test around mid-August.