On January 18, the National Development and Reform Commission held a January press conference to introduce China's macroeconomic performance in 2021. The heads of relevant ministries and commissions attended and answered questions from reporters.
Jin Xiandong, director of the Policy Research Office of the National Development and Reform Commission, said that in 2021, due to the flood of global liquidity, the sharp rise in international fertilizer prices, as well as the tight domestic energy supply, raw material prices and other factors, fertilizer prices will rise sharply.
At present, the peak period of autumn and winter planting and fertilizer use has passed, and the price of urea has dropped slightly, but it is still at a high level in the same period in the past 10 years. The prices of diammonium phosphate, potassium chloride and ternary compound fertilizer have also increased significantly year-on-year.
Taking all aspects of the situation into account, the supply of chemical fertilizers for spring ploughing in 2022 is guaranteed, but considering the difficulty of further sharply falling production costs, it is expected that the price of chemical fertilizers for spring ploughing may remain at a high level.
(Reporter Liu Xuanting)
Responsible editor: [Li Ji]