After several months of negotiations, India's annual potash fertilizer contract was finally announced on April 4, 2023.

Xinhua news in Beijing, January 4 (reporters Xu Ke, Dong Xue), Foreign ministry spokesman Wang Wenbin said at a regular press conference that Regional Comprehensive Economic Partnership (RCEP) has enabled regional countries to deepen cooperation and increase efficiency, which is a major victory for multilateralism and free trade. China will work with all parties to actively participate in the construction of RCEP mechanism and make positive contributions to regional prosperity and world economic

On 9 Nov., Argentine grain port workers have staged a surprise strike because of poor wage negotiations and other factors, delaying exports by one of the world's largest exporters, the labor union representing the country's grain port workers expressed on Monday.

The nationwide epidemic have a relapse rapidly, and the urea market was weak again.

At present, potash fertilizer is in the off-season of sales, and domestic demand releases slowly. Downstream factories and traders do not accept the current price well and are not eager to purchase. Market participants are pessimistic about the future market, and it is expected that the demand will be weaker in the later period.

The expectation of the domestic urea market before the festival is still relatively partial to the supplier, that is slightly stronger. From the perspective of the trend of the domestic market during the National Day to the present, it is basically the same. The price fluctuates narrowly within the range of 30-50 yuan/ton. According to the short-term analysis of the current situation in China, the price is still under pressure. The specific reasons are as follows.

It is reported that Autumn is one of the most important seasons of the year for compound fertilizer, with the demand accounting for about 40% of the whole year. In some regions, the demand in this season alone can account for 60% of the whole year.

The General Administration of Customs announced on September 7 that in the first eight months of this year, China's total foreign trade import and export value achieved stable growth.

The operating rate drops to 50%, and these fertilizers will be out of stock in the peak season

On August 22, the reporter learned from the China Nitrogen Fertilizer Industry Association that since July, Sichuan Province has generally experienced continuous high-temperature weather, and the temperature in some areas has exceeded 40 ℃, resulting in a sharp increase in the use of air conditioners and a surge in the province's electricity demand.

International urea price: affected by the economy, COVID-19, conflict and other factors, the natural gas price in Europe is running at a high level, and the urea production cost is rising sharply. Moreover, due to the energy price and supply problems, there is a risk of shutdown when the plant starts.

CCIN news: the General Administration of Customs released data on August 7. In the first seven months of this year, China's total import and export value was 23.6 trillion yuan, an increase of 10.4% over the same period last year (the same below). Among them, exports were 13.37 trillion yuan, up by 14.7%; Imports were 10.23 trillion yuan, up by 5.3%; The trade surplus was 3.14 trillion yuan, an increase of 62.1%.

According to customs statistics, from January to June, China exported 2.291 million tons of sulfuric acid, showing an increase of 1.152 million tons year-on-year, an increase of 101.2%; The average export price was $129.7 (ton price, the same below), up $72.9 year-on-year, 128.3%.

Data from the European foreign exchange market showed that the exchange rate of the euro against the US dollar once fell to 1-1 on July 12th, which was the first parity between the euro and the US dollar since December 2002.

In the morning of July 5 local time, the exchange rate of the euro against the US dollar on the European foreign exchange market once fell to 1:1.0325, the lowest since December 2002. Market analysis believes that the weak economic recovery in Europe, the continuous rise in energy prices and the high debt ratio of southern European countries are the main reasons for the weakness of the euro.

This month, the market fluctuated obviously. The average market price was as high as 3200 yuan / ton in the last ten days of last month. As of press time, it had dropped to 3062 yuan / ton. However, recently, some markets have shown rebounded signs. Is it possible that a new round of rising market will start again? Let\'s sort it out.

The market of potassium sulfate is basically stable.

On June 6th local time, Russian Deputy Prime Minister Abramchenko said that the Russian government committee on sustainable development of agricultural complex and rural areas supported the extension of the fertilizer export quotas originally scheduled to expire on December 31, 2022 to May 31, 2023.