The Development and Reform Commission's Economic and Trade Department, the Ministry of Finance's Economic Development Department and the storage company signed the 2012/2013 annual chemical fertilizer agreement

On September 26, the Department of Economic Affairs of the National Development and Reform Commission and the Department of Finance and Economics of the Ministry of Finance signed a 2012/2013 annual off-season commercial reserve agreement for fertilizers in Beijing with the state's light-storage fertilizer and storage enterprises. The signed light-duty fertiliser task volume is 15.3 million tons (another special reserve of 700,000 tons of phosphate fertilizer is under reserve).

Of the companies that signed the agreement on lighter storage of fertilizers, 41.5% were in circulation, 14.6% were in production, and 43.9% were in the combination of production and distribution companies. Each storage enterprise will start the new year of fertilizer storage and storage. At this point, the 2012/2013 annual off-season commercial reserve has been fully deployed.