Hunan to stop curbing fertilizer prices

The Hunan Provincial Price Bureau recently announced that the province will adopt comprehensive measures to curb prices of fertilizers caused by "conducting effects" of rising prices for industrial raw materials.

The Hunan Provincial Price Bureau announced that it is strengthening the price monitoring of agricultural materials market and effectively implementing the urea limit price and circulation price increase limit (the highest urea ex-factory price is 1,800 yuan/ton, the retail price is no more than 2,000 yuan/ton, and the individual remote mountainous areas do not exceed 2,050 yuan/ At the same time, the province required the power sector to implement preferential power tariffs for small and medium-sized chemical fertilizers as prescribed by the state, to give preferential treatment to the use of electricity by chemical fertilizer manufacturers that meet energy conservation and emission reductions, and to reduce the electricity tariff burden on fertilizer production; and to urge railway transport companies to take measures. To ensure the raw materials required for chemical fertilizer production and the transportation of chemical fertilizers in the province, and strictly implement the preferential tariffs for chemical fertilizer transportation and the policy of exempting railway construction funds; to open up "green channels" for urea-transport vehicles from April to August to exempt vehicles. toll.

Hunan Province decided to give appropriate subsidies and incentives for the losses incurred by enterprises that have opened full-scale horsepower to produce chemical fertilizers, and decided to implement 2007 annual awards and subsidy of about 10 million yuan to seven chemical fertilizer production enterprises. The government will send a contact person to the fertilizer company to help solve the problems encountered in the production and sales of the company. For companies and individuals who have accumulated hoardings and drive up prices, they will be given severe penalties.

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