--- title: "The prolonged conflict in the Middle East has driven fertilizer prices to soar, and the agricultural ETF ChinaAMC (516810) continues to strengthen, with First Tractor hitting the daily limit" type: "News" locale: "en" url: "https://longbridge.com/en/news/278826239.md" description: "The prolonged conflict in the Middle East has led to a surge in fertilizer prices, with the agricultural ETF ChinaAMC (516810) rising 1.08% during the midday session on March 12, and First Tractor hitting the daily limit. The Middle East is a major global production area for fertilizers, and the conflict has affected fertilizer transportation, resulting in tight supply in the international market. The price of urea in the United States has risen to USD 550 per ton, an increase of USD 70 from the previous week. Institutions believe that fertilizer-related assets have investment value, and agricultural ETFs can serve as a tool for positioning in the agricultural rebound" datetime: "2026-03-12T05:48:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278826239.md) - [en](https://longbridge.com/en/news/278826239.md) - [zh-HK](https://longbridge.com/zh-HK/news/278826239.md) --- # The prolonged conflict in the Middle East has driven fertilizer prices to soar, and the agricultural ETF ChinaAMC (516810) continues to strengthen, with First Tractor hitting the daily limit On March 12th, during the midday session, the agricultural sector continued to rise, with the agricultural ETF ChinaAMC (516810) increasing by 1.08% as of 1:30 PM. Among the holdings, First Tractor hit the daily limit, while Hainan Rubber and Chenguang Biotech led the gains, with Yasheng Group, COFCO Technology, and Zhengbang Technology also seeing significant increases. According to reports, the ongoing conflict in the Middle East is affecting fertilizer transportation, which in turn impacts the international market supply of fertilizers. The Middle East is one of the major production areas for global fertilizers, with about one-third of the total global fertilizer supply transported through the Strait of Hormuz. Iran is a significant exporter of nitrogen and phosphate fertilizers, and the latest conflict is rapidly impacting the global fertilizer materials market. As of last week, the price of urea in the U.S. market had risen to USD 550 per ton, an increase of USD 70 from the previous week. Guotou Securities pointed out that the security of fertilizer supply is crucial. According to data from domestic institutions, nearly one-third of global urea exports, 44% of sulfur exports, and nearly one-fifth of ammonia exports are transported through or produced in countries west of the Strait of Hormuz. With the blockade of the Strait of Hormuz and rising global oil prices, combined with the seasonal demand for spring plowing, there is a logic for the revaluation of fertilizer assets. In the context of significant fluctuations in the global chemical market, institutions believe that fertilizer-related assets still possess unique investment value. The agricultural ETF ChinaAMC (516810.SH) holds leading companies in various sub-sectors such as agricultural chemicals, planting, and pig farming, benefiting fully from the reversal of internal competition, chemical cycles, seed security, and the pig cycle reversal. Currently, its valuation is at historically low levels. Investors can use the ETF to position themselves for opportunities in the agricultural rebound at low levels, as ETFs have the advantages of low thresholds and risk diversification, while passively tracking indices, with transparent holdings and stable styles. Connect A: 016077; Connect C: 016078. Daily Economic News ### Related Stocks - [00038.HK](https://longbridge.com/en/quote/00038.HK.md) - [159825.CN](https://longbridge.com/en/quote/159825.CN.md) - [159827.CN](https://longbridge.com/en/quote/159827.CN.md) - [601038.CN](https://longbridge.com/en/quote/601038.CN.md) - [516810.CN](https://longbridge.com/en/quote/516810.CN.md) - [562900.CN](https://longbridge.com/en/quote/562900.CN.md) ## Related News & Research - [Congyu Intelligent Agricultural Sets June SGM to Approve Major Share Placing](https://longbridge.com/en/news/286582458.md) - [Wheat Falling Lower on Wednesday](https://longbridge.com/en/news/287109880.md) - [Guardian Ultra-Short U.S. T-Bill Fund ETF declares $0.1448 dividend](https://longbridge.com/en/news/286471588.md) - [Fertiliser subsidy bill for FY27 may rise by ₹70,000 cr on West Asia crisis](https://longbridge.com/en/news/286762231.md) - [Malaysia palm replanting slows on rising costs of fuel, fertiliser](https://longbridge.com/en/news/286861049.md)