According to the latest statistical data from the China Phosphate Fertilizer Industry Association, since the second half of this year, due to the rapid rise in the international price of sulfur, the current price of sulfur in China has reached as high as 188 US dollars / ton, which is more than doubled from the price in July. The trend is obvious.
Sulfur is one of the main raw materials for phosphate fertilizer production. The increase in sulfur prices has a great impact on the phosphate fertilizer industry. The current high price of sulphur makes the cost of domestic phosphate fertilizer production companies rise, thus pushing up the price of phosphate fertilizer, which will bring great pressure on China's agricultural production.
Recently, relevant people in the phosphate fertilizer industry and the sulfuric acid industry in China are taking active measures to ease the pressure caused by rising raw material prices and stabilize the price of domestic phosphate fertilizers to promote industry self-regulation; and the corresponding regulatory authorities are also brewing to adjust tariffs. To avoid large fluctuations in the price of the fertilizer market. For example, a conference on fertilizer tariffs organized by the National Development and Reform Commission recently was held; the Phosphatic Fertilizer Industry Association will sponsor the eleventh domestic production and sales conference for high-density phosphorus and compound fertilizers.
In recent months, the rising trend of the price of sulphur has been evident. The prices of mainstream transactions in the market have continued to rise, and the cost of phosphate fertilizer producers has increased significantly. Moreover, the current effect of transmission to downstream products due to rising costs is constantly increasing. Therefore, it is necessary for China to take corresponding measures to cope with the current soaring price of sulphur.
At present, sulfur is mainly used in non-fertilizer industries such as agricultural phosphate fertilizers and non-ferrous metal beneficiation. Among them, the sulfur demand in the fertilizer sector accounts for approximately 54% of the total demand, and the sulphur demand for metal processing accounts for approximately 46%.
Sulfur is one of the main raw materials for phosphate fertilizer production. The increase in sulfur prices has a great impact on the phosphate fertilizer industry. The current high price of sulphur makes the cost of domestic phosphate fertilizer production companies rise, thus pushing up the price of phosphate fertilizer, which will bring great pressure on China's agricultural production.
Recently, relevant people in the phosphate fertilizer industry and the sulfuric acid industry in China are taking active measures to ease the pressure caused by rising raw material prices and stabilize the price of domestic phosphate fertilizers to promote industry self-regulation; and the corresponding regulatory authorities are also brewing to adjust tariffs. To avoid large fluctuations in the price of the fertilizer market. For example, a conference on fertilizer tariffs organized by the National Development and Reform Commission recently was held; the Phosphatic Fertilizer Industry Association will sponsor the eleventh domestic production and sales conference for high-density phosphorus and compound fertilizers.
In recent months, the rising trend of the price of sulphur has been evident. The prices of mainstream transactions in the market have continued to rise, and the cost of phosphate fertilizer producers has increased significantly. Moreover, the current effect of transmission to downstream products due to rising costs is constantly increasing. Therefore, it is necessary for China to take corresponding measures to cope with the current soaring price of sulphur.
At present, sulfur is mainly used in non-fertilizer industries such as agricultural phosphate fertilizers and non-ferrous metal beneficiation. Among them, the sulfur demand in the fertilizer sector accounts for approximately 54% of the total demand, and the sulphur demand for metal processing accounts for approximately 46%.
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