Phosphorus Industry China Monthly Report 1209 (12 issues per year)
|Published: September, 2012
Price: US $2,916
Welcome to CCM’s new issue of Phosphorus Industry China Monthly Report in Sept. 2012.
In this issue, we have made some adjustments to the contents of the report. According to the reply from the questionnaire, we add market review into the report and would keep a keen eye on the international market in future.
In August, the overall phosphorus market in China generally keeps stable, but with a slight weakness. Most phosphorus producers begin to realize that China’s overall macroeconomy is encountering a downside risk, and thus most of them are all cautious about purchasing feedstock. Nonetheless, phosphorus industry would be less impacted from economic weakness than other manufacturing in view of rigid demand. However, it’s still possible for phosphorus products to face the risk of falling price to some degree.
In addition, the enterprises will shift their focus from the overseas market to the domestic one at the close of low tariff in October.
Average exchange rate in August 2012, USD:RMB=1:6.34
Sichuan Hebang was to launch capital increase in its wholly-owned phosphorus mining subsidiary in Aug. 2012.
China Baoan won’t give up phosphorus investment, although 90-day phosphorus project agreement with Baokang Government has expired.
Hubei, Hunan, Yunnan, Guizhou and Sichuan provinces formally implement their previously announced five new management schemes in Aug. 2012.
Hubei Xingfa and Jiangyin Chengxing reported a discrepancy of profit margin in their yellow phosphorus business in late August.
China’s first-half depressed export of DAP might remain in the remainder of 2012.
China was to revise quality standard for SSP to eliminate irregular market behavior.
Qinzhou intends to develop local phosphate chemical industry with the cooperation with Jiangyin Chengxing.
China’s revised land policy was to further curb capacity expansion of several phosphate chemicals.
International phosphate fertilizer giants reduce the production of ammonium phosphate in succession in 2012.
The production of most phosphorus products remained stable in Aug. 2012 but with a slight weakness in demand.
Driven by seasonal demand, China’s export of phosphorus ore and phosphate fertilizer starts to rebound in July.
Excess of rain and disrupted transportation in Sichuan Province greatly drive up the price of phosphorus ore, yellow phosphorus and phosphoric acid.
Headlines of Phosphorus Industry China Monthly Report 1209
Company Dynamics: Sichuan Hebang to further step up phosphorus sector
Company Dynamics: China Baoan likely to continue its phosphorus project
Policy & Legislation: Five provinces to formally implement phosphorus exploitation regulations
Company Dynamics: Large gap between Hubei Xingfa and Jiangyin Chengxing
Industry Dynamics: China’s DAP export difficult to firm up in H2 2012
Policy & Legislation: China to revise quality standard for SSP
Fine Phosphate Chemical
Industry Dynamics: Qinzhou to develop phosphate chemicals industry
Policy & Legislation: Capacity expansion for phosphate chemicals further curbed
Production cut of ammonium phosphate upsurges overseas
Supply & Demand
Market review of prime phosphate chemicals in August 2012
Import & Export
International trade situation of phosphate chemicals in July 2012
Hubei Xingfa,Sichuan Hebang，China Baoan, Jiangyin Chengxing, OCP, Mosaic and PhosAgro