Nitrogen, phosphorus and potassium are the three basic fertilizers necessary for crop growth. Due to the different resource attributes and supply and demand patterns, the future market development prospects are also different. According to the International Fertilizer Association's (IFA) Medium Term Fertilizer Outlook 2022-2026, nitrogen demand will depend on a combination of supply and affordability (I. e., price acceptability) constraints, phosphate demand is expected to be primarily constrained by affordability, while potash demand is likely to be severely constrained by supply capacity. Therefore, as the supply of potash fertilizer is greatly affected by the conflict between Russia and Ukraine, the gap between supply and demand will continue for a certain period of time, and the potash fertilizer industry will maintain a high business climate in the next five years.
2022-08-17
FOHOTA Details of Major Fertilizer Import and Export Varieties in China in June 2022
According to Chinese customs statistics, China exported 1.86 million tons of various fertilizers in June 2022. Among them, 190000 tons of urea, 830000 tons of ammonium sulfate, 200000 tons of diammonium phosphate and 280000 tons of monoammonium phosphate.
2022-07-19