11 key potassium fertilizer suppliers jointly propose: continue to improve potassium fertilizer sales and promote stable and orderly market operation

People’s Finance Information, April 3—On April 3, 11 key potash supply enterprises, including China Agricultural Group Holdings Co., Ltd. and Sinochem Fertilizers Co., Ltd., jointly released an initiative titled “Initiative to Continue Doing a Good Job in Potash Sales to Promote Stable and Orderly Operation of the Potash Market.” To maintain the steady operation of the potash market, we will continue to provide stable, ample, and fairly priced market supply for direct downstream demand, and will issue the following initiative to the entire industry: 1. Upstream and downstream enterprises should actively respond to the national requirements of “ensuring supply and stabilizing prices,” without chasing trends, without speculation, without stockpiling, and without panic buying, and should conduct rational procurement and sales. 2. As a rule, potash trading enterprises shall only sell to end users, realize “direct downstream delivery with goods promptly dispatched,” and firmly prevent phenomena such as cyclical resale among trading enterprises and sales in small circles. 3. All types of import enterprises shall refer to the key supply enterprises and sell to downstream customers at reasonable price levels; keep sales prices stable over the long term, monitor the logistics flow of goods for downstream procurement parties, and ensure that imported goods reach end users directly. 4. End users should purchase based on actual needs; if any unreasonable procurement and sales behavior is found, actively resist and report it.