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.

Last week, the conflict between Russia and Ukraine escalated. Alarmed by geopolitical Uncertainty, the global capital market has experienced ups and downs.

According to the monitoring of the Ministry of Commerce, the market price of national capital goods decreased by 0.2% month on month in January.

On February 14, Canadian potash company, Canpotex, announced that it had signed a potassium fertilizer contract with Indian IPL, with the price of $590 / ton on CFR term, which is valid until December 31, 2022.

On the first working day after the Spring Festival of the year of the Tiger, both urea futures and spot goods have made a good start. The urea price is based on a high starting point.

As the Spring Festival approaches, the liquid ammonia market has been in a stalemate recently. Will the pre-festival market repeat again?

Recently, the price of potassium chloride has increased significantly, especially in the Northeast market. The price of 60% red big granules in Yingkou port has increased by nearly 400 yuan / ton. At present, the quotation is 4300-4350 yuan / ton, which is higher than the price in last year's peak.

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

According to the statistics of China Customs, from January to November 2021, China exported 31.331 million tons of various fertilizers, showing a year-on-year increase of 19.1%. Among them, ammonium sulfate had the largest cumulative export volume, reaching 9.188 million tons.

It was reported by La Repubblica that due to the soaring prices in the international market, importers are reluctant to buy enough agricultural inputs, and farmers may also face the problem of fertilizer shortages this year.

According to the data released by the General Administration of Customs on December 7, China's total import and export value in the first 11 months of this year was 35.39 trillion yuan, showing a year-on-year increase of 22% and 24% over the same period in 2019.

In the first three quarters, the added value of the chemical industry increased by 10.8% year-on-year, and the growth rate increased by 9.5% points.

Under the influence of the global supply chain bottleneck and the energy crisis, the price of chemical fertilizer continues to rise to a 10-year high, which is a challenge for many Asian countries. As the rise of chemical fertilizer has pushed up agricultural costs, the market is worried that the price of rice will rise.

In view of the recent rise in the price of chemical fertilizer, relevant departments have taken measures to stabilize the market by luanching reserves.

According to the monitoring data of China Agricultural Means of Production Association (CAMPA), on November 8, China's urea wholesale price index (CNPI) was 2880.57 points, with a weekly decline of 5%, the largest weekly decline in history since the index was released, with a weekly decline of 151.32 points (equivalent to a decrease of 151.32 yuan per ton).

It was learned from the National Development and Reform Commission on October 31 that the national coal supply and demand situation has improved significantly, and the coal output has increased significantly as well.