Driven by the continued rise in international urea prices, the domestic urea market prices continued to rise, which affected domestic prices of high-nitrogen compound fertilizers, which continued to rise. The increase ranged from RMB 50/ton to RMB 2150-2200/ton, due to different ratios. The market price is slightly different. Due to the high prices, some dealers are still waiting to see. As the production cost keeps rising, the profit margin of the manufacturers is getting smaller and smaller. The compound fertilizer company plans to raise the factory price to 2200-2250 at the weekend or early next week. Yuan / ton. It is expected that the market prices of domestic compound fertilizers will remain bullish in the short term.
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