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On the morning of October 30, Live News on CCTV-13 broadcast information on the specific measures and results of the national supply and marketing cooperative system in serving the work of ensuring the supply and price stability of agricultural materials in autumn and winter. Long Wen, director of the Bureau for Agricultural Means of Production & Cotton and Jute of the All China Federation of Supply and Marketing Cooperatives and President of China Agricultural Means of Production Association, was interviewed by a reporter from CCTV's Live News.
Long Wen said in the interview that in view of the recent rise in the price of chemical fertilizer, on the one hand, we should ensure the supply of raw materials used in chemical fertilizer production, guarantee the normal production of chemical fertilizer and increase output. At the same time, reduce the export of chemical fertilizer in stages and give priority to ensuring domestic supply. On the other hand, we should give play to the regulatory role of chemical fertilizer reserves.
In view of the recent rise in the price of chemical fertilizer, relevant departments have taken measures to stabilize the market by launching fertilizer reserves. From October to the end of this year, the National Development and Reform Commission will continue to organize the release of potassium fertilizer reserves through low-cost auction. The price of the first batch of potash fertilizer reserves is 3000 yuan per ton, about 20% lower than the market price.