** The price rises like a rainbow

In March, the ** market changed significantly after a change in the downturn around the Spring Festival. Especially after mid-March, the prices of ** have risen sharply and the gains have been rising. Individual companies even appear to have raised their prices twice a day. Especially in Jiangsu, Anhui and other places, the largest increase, most manufacturers rose at 200 yuan (t price, the same below) above, the high up to 400 yuan, is the largest rebound this year, the overall price has risen to last October The high point.

** The sharp increase in prices, the most important reason is the increase in demand. Most of the downstream businesses before and after the Spring Festival holiday, leading to the ** market downturn, and after entering March, with the downstream manufacturers to restore basic production to normal, the demand for ** increased, ** market trend is also evidently warmer. In particular, with the start of spring plowing and fertilizer application, compound fertilizer companies are producing at full capacity, and the demand for smelters has increased significantly.

From the market outlook, it is unlikely that prices will continue to rise sharply. The current increase has exceeded expectations, compared with urea, ammonium bicarbonate, ** price is significantly higher. Starting from corporate benefits, there will certainly be a lot of nitrogen fertilizer manufacturers will increase sales of ** and reduce urea, ammonium bicarbonate production, which will lead to an increase in the supply of **, to suppress the rise in prices of **. In addition, the recent decline in coal prices, since 2015, the Bohai Rim thermal coal price index has fallen 43 yuan, back to last year's low prices, which makes the production cost of ** decline, it is difficult to form a support for price increases.