Compound fertilizer: the increase in spring demand makes the market

gradually warmer

Despite the increase in spring demand, the recent compound fertilizer price may still be weakened by the weaker price of diammonium phosphate and urea.

Market driver

Raw material prices are still weak

The continued weakness in the prices of urea and diammonium phosphate, as well as the poor market prospects for these products, have made the price of compound fertilizers bearish.

30-60 days outlook

Despite the slow growth in spring demand, the continued weakness of the raw materials market in the second quarter has seriously dragged down the price outlook for compound fertilizers.