All local strategies to ensure spring plowing
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After the Spring Festival, the entire country has entered the critical period of spring plowing, as farmers prepare for the upcoming planting season. To ensure a steady supply of chemical fertilizers and stabilize prices, various regions are actively implementing policies tailored to support agriculture and benefit farmers. Provinces such as Shanxi, Henan, Jilin, Xinjiang, Ningxia, and Hainan have already made specific arrangements to address the challenges of rising input costs.
This year, the central government has introduced a series of measures aimed at promoting stable agricultural development. The Central Document No. 1, released on January 30, once again emphasized the importance of "agriculture, rural areas, and farmers." In addition, on January 22, the National Development and Reform Commission held a meeting to remind relevant parties of the strict enforcement of fertilizer price regulations. The meeting highlighted that the government will enhance its regulatory efforts in the fertilizer sector, not only expanding the scope of oversight but also deepening its involvement. It stressed the need for strict adherence to price control policies to maintain market stability.
Across the country, temporary price intervention measures are being rolled out. For instance, the Shanxi Provincial Price Bureau announced that from January 29, it would implement interim price controls on chemical fertilizers. Fertilizer producers, including those manufacturing potash and ammonium bicarbonate, must report any price increases to local price authorities at least 10 working days in advance.
In Henan Province, to boost food supplies and stabilize prices of grain and agricultural products, the government continues to offer price discounts on electricity and gas used in fertilizer production. This initiative aims to offset the increased costs caused by rising oil prices, which could otherwise impact agricultural output. Additional direct subsidies will be provided to farmers, and transportation fees for major agricultural products will be reduced.
The Xinjiang Uygur Autonomous Region has mandated that major fertilizer companies sell their products at ex-factory prices. It has also decided to increase its phosphate fertilizer reserves by 40,000 tons, bringing the total annual reserve to 120,000 tons. The finance department will promptly allocate reserve discount interest funds to support enterprises involved in the stockpiling process.
Hainan Province has announced that it will implement price-based management for chemical fertilizer companies within the province. It will raise the CIF port prices for fertilizers outside the island to prevent excessive exports and help stabilize local fertilizer prices. Meanwhile, in Ningxia, agricultural enterprises have pledged to strictly follow fertilizer pricing policies and manage sales margins. The average retail price of urea in irrigation areas will not exceed 1,830 yuan per ton, and compound fertilizers with similar content will cost less than 300 yuan per ton outside the region.
The Jilin Provincial Government issued an emergency notice urging officials to closely monitor changes in the fertilizer market and ensure adequate supply. Supply and marketing cooperatives at all levels are required to track inventory, sales, and market conditions in real time, and to promptly report any issues.
These coordinated efforts reflect the government’s commitment to supporting agriculture during a crucial time of the year, ensuring that farmers can access affordable inputs and maintain productivity.