At present, the price of raw materials is gradually stabilizing, and the market price of compound fertilizer continues to run at a low level. As the demand for fertilizers in summer draws to a close and the market demand decreases, downstream operations will be more cautious, and purchases will be made on demand.
It is expected that the short-term compound fertilizer market will remain low. Most of the compound fertilizer enterprises focus on the execution of early orders, the new orders in the market are flexible, dealers are cautious in taking goods, the raw materials are more negative, and the support is weak.
The market outlook is still dominated by consolidation at low prices.
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