May 9 News – According to data released by the General Administration of Customs, China’s fertilizer exports reached 3.236 million tons in April, bringing the cumulative total for the first four months to 11.39 million tons, an increase of 17.5% year-on-year. Chempricehub’s assessment of fertilizers is as follows: Bullish/Bearish Rating: +1. From January to April, China’s cumulative fertilizer exports amounted to 11.39 million tons, up 17.5% year-on-year. Overall export demand is improving, providing positive support for both spot and futures prices across the fertilizer category.

Urea, Bullish/Bearish Rating: +1. Urea is one of the core export varieties of Chinese fertilizers. The year-on-year growth in overall industry exports strengthens expectations for external demand for urea, positively supporting its price trend.

Monoammonium Phosphate (MAP), Bullish/Bearish Rating: +1. MAP is a mainstream phosphate fertilizer variety and a key component of China’s fertilizer exports. The robust export growth rate of the industry boosts demand expectations, which is favorable for price trends.

Ammonium Sulfate, Bullish/Bearish Rating: +1. Ammonium sulfate is a common nitrogen fertilizer variety covered under fertilizer exports. The growth in industry exports enhances external demand expectations, exerting a positive influence on prices.