In August, urea swept away the haze of July, and rose gradually with the influence of India new contract. . At present, the mainstream ex factory quotation of Shandong Province has risen to 1710-1720 yuan (ton price, the same below). Because most enterprises focus on export, the later quotation is still possible to go up. After urea sounded the clarion call of price increase in August, DAP was not willing to fall behind. The mainstream ex factory quotation of 64% DAP in Hubei Province rose to 2200 yuan, and the arrival quotation of 64% DAP in North China of Southwest large factory rose to 2400-2500 yuan. It can be seen that the price increase of most manufacturers in August is about 50 yuan. Will DAP rise with urea in the future?

First of all, exports continue to expand and prices continue to rise. As the price of urea rose due to the printing mark, the export situation of DAP is also good. At present, the FOB price of DAP in China is at a high level of 320 US dollars, which is converted to the ex factory price of Hubei enterprises with lower export cost, which is about 2150 yuan. Urea was the first to report the possibility to exporting restrictions this year, but what was the result? After urea sellers in the Middle East have increased by more than ten dollars per ton, China's Urea Export is still going on as usual. India's import of DAP from China accounts for a larger proportion, and there are fewer international DAP suppliers. Once the restrictions for exporting in China are made, the domestic DAP price will inevitably rise to a terrible level. What's more, China's DAP export flow is not limited to India, and the export situation in the later stage is widely optimistic.

Secondly, the surplus demand is about to be released, and the sinking speed of goods is accelerated. The time node has come to August. The traditional fertilizer preparation period in autumn is approaching. Downstream dealers and grass-roots farmers who have no fertilizer preparation and concern in the early stage pay more and more attention to the autumn market. The sinking speed of DAP is gradually accelerating. The low-cost goods in the early stage of the market are becoming less and less, which makes the resistance of enterprises to push up in the later stage reduced, and some factories can't wait to raise prices as soon as they enter August. On the one hand, the continuous positive news of DAP export and the firm quotation of manufacturers have greatly increased the confidence of downstream to take delivery; on the other hand, due to the recent rise of urea market, compound fertilizer manufacturers are likely to increase their quotation in the later stage under the support of cost and order to be issued.

From China Fertnews