Guangzhou, Guangdong -- (SBWIRE) -- 09/21/2011 -- CCM’s September issue of Phosphorus Industry China Monthly Report has come out recently. The top story is export volume of urea, and DAP is expected to keep downturn in the rest of 2011.
The export tariffs of urea and DAP/MAP have been effective since Jan. 1st , 2011. The export tariff adjustments resulted in the decrease of urea and DAP exportation. In H1 2011, China totally exported 4.75 million tonnes of fertilizers: DAP accounted for 642,000 tonnes and urea was 688,000 tonnes. Compared with that in the same period last year, DAP and urea export volume decreased by 14.1% and 55.8% respectively.
Based on the export tariff, the declining export trigger prices and the raising production cost, as well as RMB appreciation (has appreciated 3.6% from Jan. 1st to Aug. 31st ), jointly erode the profits from urea and DAP/MAP export. Many enterprises, especially that without cost advantage (e.g. with own phosphorus resource), even lost in exporting urea and DAP/MAP. As a result, the export of urea and DAP fell in H1 2011.
In the rest of 2011, the export volume of urea and DAP is expected to keep downturn, with the raising production cost.
Headline news of September issue of Phosphorus Industry China Monthly Report:
- Hubei Yihua adds investment on phosphorus ore exploitation to optimize its industry layout.
- Investment on phosphorus ore is upsurging in the worldwide.
- Integration of Phosphorus-fluorine industry is in favor of the development of phosphorus industry and fluorine industry.
- World is less and less depending on China's yellow phosphorus.
- China's yellow phosphorus industry pushes clean production technology for energy conservation and emission reduction.
- Shandong Kingenta cooperates with Weng'an government to develop upstream phosphate chemical products.
- China's export tariff adjustments for urea and phosphate fertilizers curb urea and DAP export volume in H1 2011.
- Brazil's phosphate fertilizer industry draws large mining companies' attention.
- Yoke Technology is accelerating upstream expansion.
- Double Dragons holds ground breaking ceremony for its TCP production line in Weng'an County, Guizhou Province.
If you are interested in CCM’s Phosphorus Industry China Monthly Report, please feel free to contact us at econtact@cnchemicals.com.
(Guangzhou China, September 16, 2011)
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