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    Home > Chemicals Industry > China Chemical > In 2021, the domestic fertilizer market supply and demand may show a tight balance

    In 2021, the domestic fertilizer market supply and demand may show a tight balance

    • Last Update: 2021-06-08
    • Source: Internet
    • Author: User
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    It is expected that the supply and demand of the domestic fertilizer market will be in a tight balance in 2021.
    The nitrogen fertilizer market is expected to be tight in the first half of the year and relatively loose in the second half.
    Phosphate fertilizer market supply is in tight balance as a whole, and prices are expected to remain high.
    Due to strong international demand, the price of potash fertilizer has been increasing.
    It is expected that the domestic potash fertilizer market will be in a tight balance-this is the industry leader at the 2021 fertilizer market and international trade seminar hosted by the China Phosphate and Compound Fertilizer Industry Association on March 31 Analysis and judgment.
    Tian Youguo, Director of the Fertilizer Quality Monitoring Division of the National Agricultural Technology Center of the Ministry of Agriculture and Rural Affairs:Protecting 1.
    8 billion mu of arable land is a national policy that China has adhered to for decades.
    China's food supply and demand have always been in a tight balance.
    With population growth and consumption upgrades, food demand will continue to grow rigidly.
    Although China's total grain output in 2020 will reach 669.


    49 million tons, an increase of 0.
    9% year-on-year, the stocks of corn and wheat have fallen sharply since last year and need to be replenished through large amounts of imports.
    Last year, the cumulative import volume of grain reached 142.
    62 million tons, a year-on-year increase of 27.



    Reposted from: "China Petroleum and Chemical Industry Observation" magazine

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