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Value-added fertilizers increase agricultural efficiency

Release time:

2021-11-12

　　Industry standards for fertilizers are once again attracting attention. Recently, reporters learned from the Ministry of Industry and Information Technology that six fertilizer industry standards officially came into effect on April 1 this year, including six fertilizer products: humic acid urea, humic acid compound fertilizer, seaweed acid urea, seaweed fertilizer, water-soluble monoammonium phosphate, and fertilizer-grade potassium dihydrogen phosphate.

　　It is understood that humic acid, seaweed acid, and amino acid and other bioactive substances are fertilizer efficiency-enhancing carriers. They are all natural substances or plant-derived, and not only can they improve fertilizer utilization, but they are also safe and environmentally friendly. Modified and efficiency-enhancing products produced by adding the above-mentioned bioactive efficiency-enhancing carriers to fertilizers are usually called value-added fertilizers.

　　As a transformation and upgrading roadmap for the fertilizer industry during the "13th Five-Year Plan" period, the Ministry of Industry and Information Technology proposed in the "Guiding Opinions on Promoting the Transformation and Development of the Fertilizer Industry" the development of new value-added fertilizer products such as humic acid, seaweed acid, and amino acid.

　　"Under the dual pressure of grain yield increase and environmental protection, vigorously developing new and efficient value-added fertilizer technologies provides important technological support for implementing the national strategy of reducing fertilizer use and increasing efficiency, replacing the quantity of chemical fertilizers with quality, and implementing a zero-growth strategy for chemical fertilizers." Zhao Bingqiang, a researcher at the Institute of Agricultural Resources and Regional Planning, Chinese Academy of Agricultural Sciences, and secretary-general of the Chemical Fertilizer Value-Added Industry Technology Innovation Alliance, told a reporter from "Science and Technology Daily".

RELATED INFORMATION

The achievements of the top three fertilizer companies doubled in the first three quarters, and price pressure will be exerted on fertilizers in the fourth quarter as supply-guaranteeing measures are implemented.

The increase in fertilizer prices is driven by two factors. First, there has been a significant increase in the prices of raw materials. The prices of coal, natural gas, sulfur, and other fertilizer raw materials have increased significantly. As of the end of September, the year-on-year increase in the prices of these raw materials has exceeded 100%. Second, international prices have risen sharply. Affected by factors such as ample global liquidity and rising food prices stimulating fertilizer demand, international nitrogen, phosphorus, and potassium fertilizers have all seen significant price increases, exceeding those in China. This has led to a significant increase in China's fertilizer exports. According to customs statistics, 26.11 million tons of fertilizer were exported from January to September, a year-on-year increase of 31%.

2021-11-12

The global potash fertilizer price continues to rise, and the market capitalization of the potash fertilizer sector in the capital market has hit a new high

In recent days, two of the world's top fertilizer companies have predicted that the soaring Prices of fertilizers, including potash, will continue. On November 1, Canadian Nutrien (NTR.N), a global potash producer, raised its full-year Achievements forecast, expecting that strong crop Prices will support fertilizer Prices. Driven by record demand and strong crop profits, potash Prices in all major markets continue to rise.

2021-11-12

Global fertilizer supply is tightening, and Russia plans to implement quota management for fertilizer exports.

Soaring natural gas prices have driven up production costs, forcing some fertilizer producers to cut production and leading to a gradual tightening of the global fertilizer supply. To ensure domestic supply, Russian Prime Minister Mikhail Mishustin said on Wednesday that Russia plans to implement a six-month export quota restriction on nitrogen and compound fertilizers.

2021-11-12

Phosphate fertilizer authority predicts, how will the fertilizer market be this winter and next spring?

In recent days, two of the world's top fertilizer companies have predicted that the soaring Price of fertilizers, including potash, will continue. On November 1, Canadian Nutrien (NTR.N), a global potash producer, raised its full-year Achievements expectations, as it expects strong crop Prices to support fertilizer Prices. Driven by record demand and strong crop profits, potash Prices in all major markets continue to rise; Mosaic (MOS.N), another major global potash producer, also said in a statement that it expects the Price increase to continue. 90% of the company's sales in the fourth quarter of this year have been presold, and some customers have further requested advance payments for the second quarter of 2022.

2021-11-12

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