Longzhong Information: The increase in the guidance prices for urea and phosphate fertilizers has set the tone for higher autumn compound fertilizer prices.
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In the long term, Huaxin Securities believes that rising oil prices and geopolitical conflicts will lead to increases in food prices. Historically, one to two years after food prices rise, there is a major cycle in agricultural chemicals. The widening price gap between domestic and international fertilizers will benefit the phosphorus chemical and potash fertilizer sectors.
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