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Fertilizer prices stabilized and the overall increase was large. From January to March, the average price of urea market was 2,307 yuan/ton, a year-on-year increase of 15.5%; the average price of diammonium phosphate was 3,223 yuan/ton, a year-on-year decrease of 5.5%; it was one of the very few products whose prices dropped; the average monoammonium phosphate price 2770 yuan / ton, an increase of 2.7%; domestic average price of potassium chloride 3107 yuan / ton, an increase of 8.2%; 45% chlorine-based compound fertilizer average price of 2803 yuan / ton, an increase of 14.1%.
Pesticide prices rose steadily. From January to March, the average market price of dichlorvos (80% emulsion) was 23.0 yuan/kg, up 2.6% year-on-year; the average price of omethoate (40% emulsion) was 23.0 yuan/kg, up 2.6% year-on-year; and the average price of paraquat was 19.0 yuan. /500ml, a year-on-year increase of 1.2%.
Sales of refined oil continued to increase. In March, domestic sales of refined oil products reached 24.02 million tons, a year-on-year increase of 5.5% and an increase of 16.1% from the previous quarter. Among them, gasoline sales amounted to 7.06 million tons, a year-on-year increase of 12.0%; diesel sales amounted to 15.74 million tons, a year-on-year increase of 2.1%.
The growth of basic chemical raw materials continued to fall. Data show that in March, the producer prices of industrial raw materials for basic chemical raw materials fell by 1% year-on-year, and fell for the first time since December 2009. From January to March, the cumulative prices of producers of basic chemical raw materials rose by 0.2%, which was 0.6 percentage points lower than that of January-February.
The market for synthetic materials remains sluggish. In March, the ex-factory price of manufacturers of composite materials decreased by 8.2% year-on-year, a decrease of 1.8% from the previous month. From January to March, the cumulative ex-factory price of producers of synthetic materials decreased by 6.8% year-on-year, a decrease of 1.8% from January to February.
Rubber product prices continue to fall. In March, the ex-factory price of rubber product manufacturers rose by 1.5%, down 1.7 percentage points from the previous month. Among them, tire manufacturing rose by 0.8%, narrowing by 2.8 percentage points from the previous month; reclaimed rubber manufacturing rose by 3.4%, compared with the previous month. Narrowing by 1.1 percentage points. From January to March, the cumulative producer prices of rubber product manufacturers rose by 3.5% year-on-year.
The general level of special chemicals prices continued to decline. In March, the ex-factory price of manufacturers of specialty chemicals was down 5.3% year-on-year, a decrease of 0.1% from the previous month, showing signs of stabilizing, but still a large drop in the chemical industry. From January to March, the cumulative ex-factory price decreased by 4.9% year-on-year, 0.2% more than that in January-February.
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