B[Ministry of Agriculture and Rural Affairs: China’s comprehensive grain production capacity will reach about 1.45 trillion kilograms by 2030] On September 17, the Ministry of Agriculture and Rural Affairs recently issued the “15th Five-Year Plan for the Development of the National Planting Industry”. The plan proposes to enhance the ability to ensure the supply of important agricultural products such as grain, further promote the green transformation of the planting industry, give play to the leading role of new agricultural productivity, and enhance agricultural disaster prevention, reduction, and relief capabilities. By 2030, China's comprehensive grain production capacity will reach about 1.45 trillion kilograms. China's comprehensive grain production capacity will steadily increase, and the bottom line of basic self-sufficiency in grains and absolute food ration security will be maintained. The production capacity of soybeans, oil crops, cotton and sugar crops has been consolidated and improved to maintain a reasonable level of self-sufficiency. The supply of vegetables, fruits and tea is balanced, rich in variety, quality and safety, and the diversified supply is more suitable for consumer demand. Agricultural efficiency and water conservation are developing steadily, chemical fertilizers and pesticides are applied scientifically and accurately, and the level of green production in the planting industry continues to improve. Monitoring and early warning of agricultural disasters have become more accurate, agricultural disaster prevention, reduction and relief capabilities have been comprehensively enhanced, and the high-quality development of the planting industry has achieved remarkable results. B[Fertilizer sector continues to be strong, Kingenta has 4 boards in 7 days] On September 9th, the fertilizer sector continued to be strong yesterday, with Kingenta having 4 boards in 7 days, Lutianhua having 2 boards in a row, Luhua Technology hitting the daily limit, Chitianhua, Chuanfa Longmang, and Huachang Chemical following the rise. On the news, on September 8, domestic urea prices continued to rise based on the previous surge, but the increase narrowed to 10-60 yuan/ton, and the ex-factory quotation of small and medium-sized particles in mainstream areas rose to 1750-1840 yuan/ton. A[Fertilizer and pesticide sectors continue to rise, Huachang Chemical and other stocks hit the daily limit] On September 8, the fertilizer and pesticide sectors continued to rise during the session, Huachang Chemical closed the daily limit, and Hebang Biotech hit the daily limit. Previously, Sichuan Falongmang, Chitianhua, Jinzhengda, and Lutianhua hit the daily limit, Sichuan Jinnuo rose by more than 10%, and Liuguo Chemical, Luhua Technology, Xingfa Group, and Jiangshan Shares were among the top gainers. B[The chemical fertilizer sector moved higher, Lutianhua rose by the daily limit] On September 8th, the chemical fertilizer sector moved higher in early trading, and Lutianhua rose by the daily limit, with Chitianhua, Sinochem International, Kimenta, Luhua Technology, and Liuguo Chemical among the top gainers. On the news, the domestic urea market has risen significantly since the weekend. According to the latest quotation on September 7, the ex-factory quotation of small and medium-sized urea in mainstream areas has been raised to 1,750-1,820 yuan/ton, with a single-day increase of 50-150 yuan/ton. B[Falling Sulfur Prices: Downstream Diammonium Phosphate Has Been Profitable. It is difficult to judge the Q3 profit margin of sulfate-based titanium dioxide] On September 1, the relevant person in charge of Hubei Yihua told reporters that due to the recent continued decline in the price of upstream basic raw material sulfur, the company's diammonium phosphate has achieved profitability. However, many titanium dioxide companies told reporters that because product prices are also falling simultaneously, it is difficult to judge the change in the Q3 profit margin of sulfate-based titanium dioxide from the previous quarter. Some phosphate fertilizer companies estimate that the price of sulfur is more than 2,400 yuan/ton, and it is more economical to use phosphogypsum to produce sulfuric acid. Under the current sulfur price, many companies are progressing normally with phosphogypsum sulfuric acid production projects. Xiaocai's note: Last week, the mainstream granular sulfur quotation in Zhenjiang Port fell from 8,750 yuan/ton to 7,500 yuan/ton. The actual lowest transaction price was 7,300 yuan/ton, which was nearly 40% lower than the year's high. (Reporter Xiao Lianghua)
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