The annual meeting of the IFA is held once a year. This year's meeting attracted members from more than 80 countries around the world. Compared with previous years, the IFA is unprecedented. It shows that the industry is paying more attention to this industry meeting in the context of the slow increase in global fertilizer demand.
Since the first half of 2009, due to the financial crisis, global food demand growth has slowed down, and its conductivity has caused major changes in global fertilizer demand. Entering 2010, due to the uncertainties in the economic development trend, agricultural product prices, and fertilizer prices, industry professionals have made more difficult decisions about fertilizer demand trends and future prospects. This has also made the entire industry more concerned about fertilizer information. Some people think: “This is the most popular and popular year in recent conferences. The strong expectation for a recovery in demand has enabled the industry and abroad to look forward to this meeting as a turning point in the global recovery of fertilizer demand...â€
It is worth mentioning that there is a strong contrast between the "peacefulness" that pervades the meeting and the "hot scene." Fertilizer prices have experienced two years of ups and downs. The industry mentality has been attributed to dullness and rationality. The chemical fertilizer industry has formed a consensus. Some people believe that whether it is fertilizer suppliers, distributors or downstream users, whether in the buyer's or seller's market in the future, "co-operation with the ship" will be a true portrayal of the future situation. "Whoever is the captain, the shipwreck will affect every member."
"Hugging the group to warm up" has made the international market respond flatly to the potash supplier's intention to raise prices. It is understood that the next few months will be the peak season for fertilizer use in Brazil, India, and Southeast Asia. Some potash suppliers believe that the current international market basically recognizes the mainstream price of potash fertilizers at around US$400/ton, which also gives them access to the global market in the future. Full of a "careful and optimistic" attitude.
In addition, due to the "double-low" trend in international demand and prices, the meeting was not attractive to Chinese companies. In particular, the current low prices of international nitrogen fertilizers and the unsatisfactory export prospects make it difficult for China to become the focus of international buyers at this IFA meeting. In addition, at present, the domestic potash fertilizer market has also adopted "smoothness" as the mainstream voice, and in particular, the "long association" of potash fertilizer in China is in hand, and it is even more difficult for international potash fertilizer suppliers to become "interested." As a matter of practice, only when it comes to market demand in the second year will China be concerned.
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