According to the latest news from the All China Federation of Supply and Marketing Cooperatives (ACFSMC), the total sales of supply and marketing cooperatives across the country enjoyed a fast growth and reached RMB633.707bn, up 21.79% year-on-year.

The persons concerned from the ACFSMC expressed that negative factors including overcapacity, oversupply, low temperature and drought resulted in weak demands in national fertilizer market and continued low price. However, supply and marketing cooperatives and agricultural materials operators overcame difficulties and heightened efforts on network layout and resource integration, hence actualizing the counter-trend growth in sale of fertilizers nationwide.