On Sep. 29, “Working Conference on Signing the Off-season Fertilizer Commercial Storage Agreement for 2013-2014” was co-organized by SDRD and MOF. Liu Changfeng, Assistant VP of Sinofert, signed on the agreement on behalf of Sinofert and Sinofert will undertake 2.3 million tons of the storage.

In order to stabilize fertilizer prices between peak season and off season, China started the off-season commercial storage system of fertilizers from 2004. The total storage volume has grown from 8 million tons to 18 million tons. Sinofert has participated in this for 8 years in a row, demonstrating the company’s strength and social responsibilities.