Nitrogenous Fertilizer Market in April      

Ammonium chloride     

In early April, the price of ammonium chloride decreased slightly in Henan province. The demand of downstream sectors was so small that ammonium chloride manufacturers have a large sales pressure. And the bulk trading price of ammonium chloride in Henan was RMB880/t.
   In mid-April, ammonium chloride still had a slack market in northern China. Manufacturers only received a few orders, and the offer price decreased. The bulk price of ammonium chloride in northern China was RMB750-800/t. Manufacturers lacked confidence for aftermarket.
   In late April, the price of ammonium chloride still decreased in eastern China, to around RMB800-850/t. There was less demand in downstream sectors and some of the ammonium chloride manufacturers had to stock their products. It is estimated that the price of ammonium chloride will decrease further if the price of urea falls down.

Ammonium sulfate    

The price of ammonium sulfate was relatively stable in April. The price was a little higher in northeastern China, at about RMB800-900/t, while the bulk price was RMB700-800/t in other areas. In mid-April, the price increased about RMB60/t in eastern and central, southern China.
   It is estimated that the market of ammonium sulfate is not so optimistic for the price of urea is decreasing greatly and the demand in downstream firms also has a downward trend. Meanwhile, the export price continues to fall.

Ammonium bicarbonate     

The price of ammonium bicarbonate in domestic market was stable in April with the ex-factory price around RMB620-680/t. Ammonium bicarbonate is thought as a kind of low-value product and is usually sold to surrounding areas to avoid high transport cost in long-distance sale. So manufacturers and distributors can relatively determine their price.
   It is estimated that price of ammonium bicarbonate will maintain at a high level in a short term.

Urea   

In April, the price of urea decreased continually. In early April, the ex-factory price of urea was RMB1 800-1 850/t in Shandong, Henan and Shanxi provinces. However, the price had a slight decrease in western China.
   In mid April, the bulk trading price was RMB1 750-1780/t in Shandong, Hebei and Shaanxi provinces, and it was about RMB1 750-1810/t in Henan, Hubei and Hunan provinces.
   In late April, enterprises in Shandong and Shanxi provinces had a great sales pressure. Some of them had to sell their urea to southern China at lower price.
   It is estimated that the price of urea will still fall down in a short term because demand in southern China is less than that in early April and market of northern China is in off-season now that no distributor would like to replenish their stocks of urea.