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.

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.

The performance of domestic sulfur market was flat last weekend.

This week, the domestic potash fertilizer market presents a trend of polarization.

The domestic urea market in September is expected to be significantly better than that in August due to the planned overhaul of urea enterprises, agricultural demand of autumn fertilizer market and industrial gold nine silver ten.

To implement the decisions and arrangements of the CPC and the State Council, to rationally adjust the use of coal resources, ensure the supply and price of coal, and guarantee the safe and stable supply of coal, and coal-powered electricity, the relevant departments require to improve the coal storage stystem of coal-powered plants, lower the coal storage standards for power plants during the peak seasons, and guard the safety baseline of 7-day coal storage.

Phosphoric acid prices continued to break through the peak this week, the main reason is still great increase of raw material yellow phosphoric acid drives its upward trend.

Prices of phosphorus chemical industrial chain related products continue to rise this year. Data from Baichuan Yingfu showed that the daily prices of phosphate fertilizer materials such as monoammonium phosphate and diammonium phosphate were 3,345 yuan/ton and 3,264 yuan/ton, respectively, on Sept 6th, up nearly 64% and 39% since the beginning of the year.

Entering August, the domestic sulfur market once again ushered in a unilateral uptrend after nearly two months of high finishing. As of August 28, the domestic mainstream transaction price rose to 1800~1900 yuan (unit price, the same below).

The global market of titanium dioxide is expected to reach $20.9 billion in 2021 and $27.9 billion by 2026, with a compound annual growth rate of about 5.9% during that period, according to the latest research results.