On November 8, the China Phosphorus Compound Fertilizer Industry Association issued the “Initiative on Maintaining the Stable and Orderly Development of the Phosphorus Compound Fertilizer Industry”, stating that currently, domestic phosphorus compound fertilizer production is generally stable and the supply order is good, which effectively guarantees the promotion of domestic winter storage and the basic demand for fertilizer for agricultural spring farming next year, and has built a solid material foundation for stable agricultural production. At the same time, the development of the industry is still facing outstanding challenges. The tight supply of core raw materials such as sulfur has not been effectively improved, and the pressure of cost fluctuations is high, bringing many uncertainties to the stable production of the industry and the smooth operation of the market. In order to firmly adhere to the bottom line of agricultural insurance and supply, standardize the business order of the industry, put an end to bad practices such as falling below cost prices and vicious competition, maintain the dynamic balance between supply and demand in the industry, and promote the high-quality and sustainable development of the industry, the China Phosphorus Compound Fertilizer Industry Association is now issuing initiatives to various production and management enterprises throughout the industry.

On November 8, the China Phosphorus Compound Fertilizer Industry Association issued the “Initiative on Maintaining the Stable and Orderly Development of the Phosphorus Compound Fertilizer Industry”, stating that currently, domestic phosphorus compound fertilizer production is generally stable and the supply order is good, which effectively guarantees the promotion of domestic winter storage and the basic demand for fertilizer for agricultural spring farming next year, and has built a solid material foundation for stable agricultural production. At the same time, the development of the industry is still facing outstanding challenges. The tight supply of core raw materials such as sulfur has not been effectively improved, and the pressure of cost fluctuations is high, bringing many uncertainties to the stable production of the industry and the smooth operation of the market. In order to firmly adhere to the bottom line of agricultural insurance and supply, standardize the business order of the industry, put an end to bad practices such as falling below cost prices and vicious competition, maintain the dynamic balance between supply and demand in the industry, and promote the high-quality and sustainable development of the industry, the China Phosphorus Compound Fertilizer Industry Association is now issuing initiatives to various production and management enterprises throughout the industry.