On the recent“Working Conference on Signing the Off-season Fertilizer Commercial Storage Agreement for 2013-2014” co-organized by SDRD and MOF, Sinofert signed on a storage agreement of 2.3 million tons.

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.