Interview Record of Phosphatic Compound Fertilizer Exhibition: Focusing on the Future of the Industry, Feidoodoo Conducted Exchanges with Excellent Enterprises

From November 6th to 8th, the 2024 China Phosphatic Compound Fertilizer Industry Exhibition, hosted by the China Phosphatic Compound Fertilizer Industry Association, was held in Hall #4, #5 and #6 of Nanjing International Expo Center. Leading enterprises in the industry gathered to explore new trends and ideas for the future development of the industry.

To help the 2024 Phosphatic Compound Fertilizer Industry Exhibition, Feidoodoo (FDD) and China Phosphatic Compound Fertilizer Industry Association launched the "Dialogue with Famous Enterprises" interview column, inviting exhibitor representatives to be guests to conduct in-depth discussions on the current hot topics of the industry, future trends and the company's own innovative practices, explore new opportunities for the development of the industry, and inject new impetus into the sustainable development of the industry. This is not only a simple dialogue, but also a platform for the exchange of enterprise innovation experience, industry wisdom, innovative thinking and practice.

In this issue, FDD invited Jiuhe Co., Ltd., Zhongnong Jinrui Fertilizer Co., Ltd., Adolf (Hubei) Technology Group Co., Ltd., Baft (Weifang) Chemical Co., Ltd., Henan Dunbei Agricultural Technology Co., Ltd., Shandong Zuotian's Biotechnology Co., Ltd., Hubei Potash Chemical Co., Ltd., Shandong Zhizhiyuan Ecological Engineering Co., Ltd., Zhonghai Chemical Co., Ltd., Hubei Xingfa Chemical Group Co., Ltd., Hebei Zhengda Ecological Agriculture Technology Co., Ltd., Henan Chuannong Fertilizer Co., Ltd., Representatives of Rizheng Jiuan Technology (Beijing) Co., Ltd. and other enterprises visited the interview room, focusing on industrial innovation and discussing the trend of the fertilizer market.

Ouji, Director of the Trading Department of Kunming FDD: 

At present, the market in North China, Henan and the Central Plains is slightly stagnant, and the cost of ammonium enterprises is high, and the industry mostly holds a wait-and-see attitude. First, demand drives changes in procurement. Downstream demand has led to changes in the procurement methods and models of the entire market, except for intermediates, the downstream procurement direction is dominated by rigid demand. Second, the change has affected the northeast, Xinjiang and even the northwest market, the industry is confused about the overall fertilizer trend, the reason is that the price of crops, crop prices are difficult to rise, and the people have no funds to promote the purchase of compound fertilizer. As far as ammonium enterprises are concerned, the production capacity is increasing and the inventory is accumulating, but the downstream demand is not reflected and it is difficult to digest. Ammonium factory inventory, social inventory, and variable inventory of downstream compound fertilizer plants are the three largest inventories in China. Under the superposition of the three major inventories, the market outlook will continue to operate steadily, and market participants should adhere to the rigid demand procurement, operate cautiously, and face the future with an optimistic attitude.

Guo Zhigang, Manager of Southwest and Northwest Region of Phosphate Fertilizer Division: 

About the phosphate fertilizer situation in recent years: at present, with the end of the compound fertilizer market in North China, the market is in a stable stage. The compound fertilizer plant is now basically in a state of shutdown and maintenance, running at a low level, and some of the pending and pending quantities still exist. In this phosphorus compound fertilizer meeting, we mainly focus on the nodes of market procurement and the start of the first wave of goods to see if there will be some positive factors in the market, and the upstream and downstream wait-and-see sentiment is stronger.

Li Yizhan, Central Plains Region Manager of Phosphate Fertilizer Division: 

With the end of the North China market, the start of the Northeast and Northwest markets, and some fluctuations in the recent international market, phosphate rock cannot see fluctuations for the time being, and the cost has some support. With the downstream compound fertilizer plants, especially in Henan and Hebei, including the Northeast and Xinjiang, the construction of some towers has accelerated, and the production volume has continued to increase, and the follow-up market fertilizer, especially the downstream terminal compound fertilizer, will maintain a wait-and-see attitude. In general, the phosphate fertilizer market is high, the cost is stable, and the procurement is concentrated, but the procurement sentiment is basically wait-and-see, and the market still needs to seek benefits.

The 2024 Phosphate Compound Fertilizer Industry Exhibition has been successfully concluded, and hope to see you again next year!