Brief Analysis of the Impact of Decline in Oil Price on China′s Compound Fertilizer Industry
JIANG Peng;LIU Gang;Stanley Agriculture Group Co., Ltd.;
The impact of the sharp decline in world oil price on China′s compound fertilizer industry is briefly analyzed and discussed from two perspectives of the cost of raw materials of production and market demand for compound fertilizer. The analysis results show that the drop in oil price will help reduce the production cost and circulation cost of compound fertilizer and agricultural products, and will also inhibit the consumption of agricultural products in the industrial field; if oil price remains low for a long time, the compound fertilizer industry will be more affected by the downturn in agricultural demand.
【CateGory Index】： F426.72;F416.22;F764.1