Hubei Huangshi series measures to curb fertilizer prices

The soaring fertilizer prices will be put on a “sweeping spell”. Recently, Huangshi City, Hubei Province, issued a series of regulatory measures in an effort to curb fertilizer prices.
Since the beginning of this year, due to factors such as the increase of coal and electricity prices, the prices of chemical fertilizers in Huangshi City have risen to varying degrees, among which the price of potash fertilizers has risen the most, which has increased the burden on farmers. In order to effectively control its rapid rise, the city has strengthened the price supervision of fertilizers by means of tightly examining the factory guidance price and strictly controlling the circulation of municipal real estate fertilizers. If Yangxin County Price Bureau declares the ammonium bicarbonate ex-factory price at 760 yuan/ton, the Municipal Price Bureau refers to the ex-factory price of the surrounding cities and removes the unreasonable cost of the manufacturer, and stipulates that the ex-factory price can rise to 660 yuan/ton. Compared with Xianning's manufacturers of the same size, it has reduced by about 40 yuan. In the city-wide distribution sector, the rate of price increase for all chemical fertilizers sold by all fertilizer distributors was further clarified, and the rate of comprehensive increase from production to retailing must not exceed 7%.
According to the requirements, Hubei Province will implement a price increase declaration system for fertilizer manufacturers. When all manufacturers increase the ex-factory price, they shall send a written report of the price increase application to the price bureau under their jurisdiction within 10 working days before the price increase for cost verification.
Huangshi City Price Department said that the city will organize staff to carry out long-term inspections of agricultural product prices. For manufacturers that do not implement government-guided prices, they will not implement business units that have prescribed sales margins, wholesale rates, and unclear bids. Investigate.