SUMMARY
 
For 3Q/2024, the fertilizer report shows total chemical fertilizer production rose 13.1% compared to last year, with Urea up 8% and NPK up 13.3%. Export volume grew by 8.4% over the same period, while average export prices changed little. However, in Q3 alone, export and domestic demand were weaker than in Q2, primarily due to anticipated seasonal factors.
 
Looking ahead to Q4: Exports might dip slightly, but domestic demand is likely to pick up, supported by the winter-spring rice season and agricultural recovery following recent storms.
 
TABLE OF CONTENTS
 
A. GENERAL PERCEPTION

B. WORLD FERTILIZER PRICES & DOMESTIC SELLING PRICES

C. OVERVIEW OF DOMESTIC & IMPORTED FERTILIZER SUPPLY
Industrial Production Index (IIP) for Fertilizers and Nitrogen Compounds
Domestic production output
Production situation of each type of fertilizer
Import output & value
Average import price 
Fertilizer import market
Import situation of each type of fertilizer

D. FERTILIZER EXPORT
Fertilizer export volume & value
Average export price 
Fertilizer export market
Top fertilizer-exporting enterprises