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 domestic urea market, which has been declining for more than two months, seems to have shown signs of buffering recently, while at the same time, the market price has not dropped further and has shown a significant rebound.

It is understood that in 2022, the national natural gas production reached 217.8 billion cubic meters, showing a year-on-year increase of 6.4%;

Market demand rebounded and extended business growth.

Recently, considering the market price trend of agricultural means of production and the situation of agricultural production as a whole, the central government has allocated 10 billion yuan as a one-time subsidy to actual grain farmers to support spring cultivation and further mobilize farmers' enthusiasm for grain planting.

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

According to the news of National Bureau of Statistics on Mar., 27, from January to February, the profits of industrial enterprises decreased year-on-year.

At the meeting of Spring nitrogen fertilizer market situation analysis in 2023, Wei Yong, director of the Information and Marketing Department of the China Nitrogen Fertilizer Industry Association, made a comprehensive analysis of the economic operation of nitrogen fertilizer production in China in 2022, and made a prediction in 2023.

Recently, a ship loaded with imported compound fertilizers arrived at the Dongjiangkou wharf in Huangpu. After the inspection of the Xingang Customs under the supervision of Huangpu Customs, the import of 123mts of fertilizers was successfully completed, which would soon be put into domestic spring farming production.

According to the Business Community, liquid ammonia has continued to rise after a brief adjustment last week.

For half a month since the opening of urea futures after the Spring Festival, it has continued to fall sharply, which made the downstream nervous and the upstream fluttered, with the main futures falling to less than 2400 yuan/ton at one time and the deep discount exceeding 300 yuan/ton.

The potash fertilizer market has not changed much, and the sellers are still trying to raise the price, while the downstream remains unmoved for the time being.

Before and after the Spring Festival, with the continuous recovery of some gas-head urea production enterprises, the capacity utilization rate of China's urea industry rose significantly as expected.

The General Administration of Customs announced on January 13 that the total import and export value of China's goods trade in 2022 has reached 42.07 trillion yuan, making an increase of 7.7% over 2021.

Just after the New Year's holiday, the domestic compound fertilizer market has become stable. Due to the impact of raw material price fluctuations, the downstream has a strong wait-and-see atmosphere. Although some manufacturers cut prices to attract orders, the market transaction is still flat. At present, the main factory quotation of 45% sulfur based compound fertilizer is 3250~3400 yuan/ton, that of 45% chlorine-based compound fertilizer is 2950~3100 yuan/ton, and that of 48% high nitro

The Philippine Department of Agriculture (DA) said that the planned intergovernmental agreement on fertilizer procurement for rice farmers will be completed next month.