
In 2013, the Central No. 1 Document proposed that “speeding up research and development of agricultural machinery and equipment such as grain, cotton, oil, and sugar, and development of highly efficient and safe fertilizers, pesticides, and veterinary drugs†and “starting pilot projects for the use of low-toxic low-residue pesticides and highly effective slow-release fertilizersâ€. People in the industry believe that the slow release, diversity of species, comprehensive nutrition, and product functionalization are trends in the development of the fertilizer industry.
Industry insiders expect that some of the various slow-release fertilizers will not enjoy subsidies. Even if the subsidy is included, not all companies can obtain subsidies, and there will be certain requirements on the quality of the products. According to reports, the current market for slow-release fertilizers is mixed and mixed. Many companies' products are promoted under the Banner of slow-release fertilizers, but they do not really meet the national standards. This part of the enterprise should not be able to enjoy policy subsidies.
According to industry insiders, the listed company Zhongjin Zhengda is the industry leader and has certain right to speak about the formulation of industry policies. The company's proposal is expected to become a basis for the introduction of policies and will be the largest beneficiary company. In addition, Stanley and Xindu Chemicals have also deployed in the controlled release fertilizer sector.
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