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Low prices are only the surface; overcapacity is the main cause
In recent years, although wheat prices have risen slowly, they remain strong compared with processed flour, giving rise to the phenomenon of "strong wheat, weak flour." A reporter recently learned from an investigation of several flour processing enterprises in Henan Province that the problem of overcapacity is prominent, and overall poor profitability has become
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Why has chemical fertilizer off-season storage decreased for the first time?
Since China established the commercial off-season storage system for chemical fertilizer in 2004, the volume of off-season chemical fertilizer storage had only increased and never decreased, rising from 800 million tons at the beginning to 1800 million tons in 2013, with an average annual growth of 125%. However, this year the volume of off-season chemical fertilizer storage fell for the first time. In this round, storage enterprises with an off-season chemical fertilizer storage volume of 50000 tons or less made no change, those with 100000 to 200000 tons reduced their contracted storage volume by 20%, and those with more than 200000 tons reduced their contracted storage volume by 25%.
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