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 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.

Recently, the domestic phosphate fertilizer market is about to usher in the traditional peak season. In response to the government's call, to ensure the supply of domestic fertilizer, ammonium phosphate main production area enterprises have suspended the export orders. At present, advance orders are mainly sent, the supply is enough.

News of the new network on Aug., 7th, in view of the rising prices of nitrogen, phosphate, potash and other major fertilizer varieties in China this year, to encourage domestic fertilizer enterprises to actively fulfill their social responsibilities, protect farmers' enthusiasm for growing grain, and promote the sustainable and healthy development of the fertilizer industry, a joint initiative to increase the production and supply of domestic fertilizer market and stabilize the market price

China's energy consumption saw rapid growth in the first half of this year, said Li Fulong, director of the Development planning department of the National Energy Administration.

News of the new network - According to recent statistics of China Customs, both the export volume and price of China's fertilizer increased in the first half of the year. From January to June, 2021, China exported 16.24 million tons of fertilizers, showing a year-on-year increase of 36.1%; and the cumulative export amount was 5.15 billion US dollars, having a year-on-year growth of 94.2%.

Phosphoric acid market in early July ushered in a brief calm, when the industry for the phosphoric acid trend is about to be bearish, the market entered a new volatility. Since July 12, the market price of phosphoric acid has been rising, and the construction of enterprises has been affected again, which is undoubtedly worse for the recovering phosphoric acid market.

News of the new network Recently, Global Data's latest report "Global Urea Capacity and Capex Outlook to 2030 -- India and Iran Lead Global Urea Capacity Growth" shows that in the next five years, global urea capacity will increase significantly, which will grow from 222.96 million tons per year in 2020 to 305.92 million tons per year in 2030, representing an increase of 37%.

On June 28, the first phase of the Zhenhai Base of Sinopec was completed, and the project began to prepare for construction.