Compound fertilizer: the increase in spring demand makes the market
Publish Time: 2019-03-06 Origin: Site
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.