China: Discounts increase on NPK sales

摘要

As the NPK buying season in China nears, suppliers have increased discounts on 15-15-15 to encourage early purchases, according to market sources. Chloride-based 15-15-15 prices are now quoted at RMB 1,930-2,030/t EXW ($280-295/t), down from RMB 1,950-2,050/t EXW recently. SOP-based 15-15-15 prices are now quoted at RMB 2,150-2,230/t ($312-324/t) EXW, down from RMB 2,200-2,300/t EXW recently.