Core Viewpoint - The "National Agricultural Supply Online Platform" was officially launched on November 14, aiming to enhance efficiency in the fertilizer supply chain and stabilize market expectations through a centralized trading model [1] Group 1: Platform Launch and Participation - The platform commenced operations with 63 key fertilizer production and distribution companies participating, submitting procurement demands close to 400,000 tons, with a transaction volume of 79,000 tons on the first day [1] - The average transaction price for urea was 1,653.84 yuan per ton, while the average price for diammonium phosphate was 4,165.06 yuan per ton [1] Group 2: Benefits of the Platform - The platform is expected to significantly reduce the time spent on traditional price inquiries and negotiations, thereby improving the efficiency of the industry chain [1] - By facilitating competitive bidding, the platform aims to establish more accurate and timely pricing, which will help stabilize market expectations and foster a reliable industry credit environment [1] Group 3: Objectives and Future Operations - The platform was developed by the China Agricultural Supply and Marketing Cooperative and the National Cotton Trading Market, utilizing digital tools to address issues such as information asymmetry and inefficient resource allocation in fertilizer distribution [1] - Starting from November 14, the platform will implement regular auction transactions for national fertilizer commercial reserves, with trading scheduled every Tuesday and Friday at 10:00 AM [1]