Operators and industry associations will be punished for illegal acts. On January 9, Premier Wen Jiabao of the State Council presided over the State Council executive meeting to study and deploy the maintenance of price stability. The meeting proposed that the prices of refined oil, natural gas, and electricity should not be adjusted in the near future, and the prices of fertilizers such as urea and phosphate fertilizers should remain stable. At the same time, the meeting made a decision to amend the "Provisions on Administrative Penalties for Price Violations."
Prior to this, the National Development and Reform Commission issued an emergency notice requesting that all parts of the country immediately organize inspections of liquefied gas prices, crack down on illicit gas prices, and effectively stabilize liquefied gas prices. An important part of the State Council's executive meeting held this time is to clearly stipulate that the prices of refined oil, natural gas, etc. must not be adjusted in the near future.
The meeting demanded that the price of fertilizer such as urea and phosphate fertilizer should be kept stable, and decided that before the Spring Festival, special inspections should be conducted on such essential commodities as liquefied gas and agricultural fertilizer market prices to regulate the price behavior and ensure market supply. At the same time, the meeting pointed out that if the price of chemical fertilizers needs to be adjusted due to rising costs, it must be reported to the government's price authority for approval.
It is understood that the revised “Provisions on Administrative Penalties for Price Violations†will increase penalties for price violations, which will increase penalties for illegal associations of industry association organizers to collude with each other and manipulate market prices.
The reporter learned from the China Nitrogenous Fertilizer Industry Association on the 10th that the regulation that prohibits the rise in electricity prices is a good news for fertilizer companies. In 2007, the price of coal and electricity for chemical fertilizer production increased significantly. The average increase in coal price reached 8.03% and the average increase in electricity price reached 7.32%, resulting in an increase in cost per ton of urea by more than 100 yuan, resulting in losses and losses for nitrogen fertilizer companies. Increased. The Nitrogen Fertilizer Association also pointed out that Shanxi, a major coal producing province, has officially issued a document in November 2007, requesting the provincial coal enterprises to hand in the "Gold Mine Environmental Restoration and Security Deposit" and "Coal Mine Conversion Production Development Fund" for natural use in the mining area. The protection of ecological and geological environments, etc., from which to judge the rise of coal prices in 2008 is a foregone conclusion.
The fertilizer company stated that it supports the decision of the State Council that oil and gas fertilizers should not be increased in the near future. It will actively stabilize the price of fertilizers such as urea and phosphate fertilizers, consciously digest cost-increasing factors, and ensure the use of fertilizers for spring farming.
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