Guangzhou, Guangdong -- (SBWIRE) -- 08/25/2011 -- The first issue of Phosphorus Industry China Monthly Report released by CCM has come out recently. The top story of the first issue is large phosphorus ore exploiters benefit from policy switch.
As the most important raw material of phosphate industry, phosphorus ore draws more and more attention with the exhausting phosphorus reserves. To protect and make effective use of phosphorus resource, Hubei Province, the second largest region on phosphate resource in China, has recently promulgated that provincial government will stop proving any mining exploration and exploitation rights in the phosphorus mining areas, excluding provincial geological survey fund projects.
Meanwhile, provincial government will promote the restructuring and closure of phosphorus exploiting company with the production capacity below 150,000t/a, and the phosphorus resource focusing on larger exploiters.
Besides, Land and Resources Department may legally pay for recovering phosphate exploration. To promote structural adjustment and industry upgrade, Hubei Province will ban new projects on the low grade of phosphate fertilizer and simple production of other projects.
Headline news of first issue of Phosphorus Industry China Monthly Report:
-China encourages low grade phosphorus ore exploitation.
-Large phosphorus ore exploiters are benefit from policy switch.
-Yellow phosphorus export still sluggish without special export tariff.
-China continues to eliminate yellow phosphorus inefficient production capacity in 2011.
-MIIT is to promulgate Entry Criteria for Phosphate and Ammonium Production in 2011.
-Phosphate fertilizer industry is to see industrial integration, with the regulation of the Development Plan of Phosphate Fertilizer Industry.
-Enjoying rich phosphorus reserve, Leibo County strengthens phosphorus chemical industry development.
-NDRC regulates phosphate industry development in Guiding Catalog of Industrial Structure Adjustment (2011 edition).
-WengFu Group extends its product portfolio by cooperating with Onoda Chemical.
-Hubei Xingfa cooperates with Dequest to develop phosphate chemicals.
-Phosphorus ore and yellow phosphorus see decreased export volume with soaring prices.
-Prices of phosphate chemicals keep stable in August while see uptrend in the coming months.
If you are interested in CCM’s Phosphorus Industry China Monthly Report, please feel free to contact us at econtact@cnchemicals.com.
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