Fertilizer prices rise is curbed

    On March 30, the relevant person in charge of the National Development and Reform Commission introduced that, at present, the export of chemical fertilizers has dropped significantly, the inventory of chemical fertilizers in sales areas has increased significantly, the supply situation in the northeast region has significantly improved, and the momentum of excessively rising fertilizer prices has been curbed.

    Recently, the country will carry out special inspections of fertilizer prices to supervise the production and distribution enterprises of fertilizers to strictly implement the national fertilizer price policy.

    The person in charge said that in order to ensure the supply of chemical fertilizers and stabilize fertilizer prices, the state further supports the production of chemical fertilizers and continues to implement preferential tariffs for electricity and gas use for fertilizer production enterprises, preferential tariffs for fertilizer rail transportation and exemption from railway construction funds. All domestic fertilizer varieties are exempt from VAT.

    In order to strictly control the export of chemical fertilizers, the country has increased the export tariffs on urea and diammonium phosphate, and imposed export tariffs on domestic fertilizer varieties that are in short supply such as monoammonium phosphate. At the same time, strengthen the organization of transport, to enrich the sales area of ​​fertilizer stocks. Use 300,000 tons of chemical fertilizers for disaster relief to support the disaster areas in the south, and strengthen chemical fertilizer prices and market supervision.

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