Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
NEW YORK, Oct. 23, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Phosphorus Industry China Monthly Report 1309 - Annual Subscription
Welcome to CCM's new issue of Phosphorus Industry China Monthly Report in Aug. 2013.
In Aug., the macroeconomic conditions in China witnessed some improvement. According to the National Bureau of Statistics of China (NBSC), the industrial added value in Aug. 2013 increased by 10.4% YoY. The rate of the increase was also 0.7 point more than the YoY increase rate in July. The domestic macroeconomic conditions benefited from the recovery of heavy equipment manufacturing industries, such as railway construction, shipbuilding and aerospace. In addition, the foreign trade and domestic consumption statistics both showed that the depressive domestic macroeconomic condition
has temporarily come to an end.
However, the phosphate fertilizer industry still faces considerable stress, as shown by the oversupply in the domestic phosphate fertilizer industry and the declining phosphate fertilizer export price. Among the primary phosphorus chemicals, only the production situation of MAP has recovered to some extent after months of low operation rates (20%–30% for nearly six months). The coming of the autumn season, which brings a high demand for phosphate fertilizer, will contribute to the recovery. In particular, the domestic yellow phosphorus price has improved slightly.
The average exchange rate in Aug. 2013, USD:RMB=1:6.13
Hubei government is to deeply promote the adjustment and improvement of the industrial framework of local fertilizer industry and to tidy the tax on its phosphorus ore resources.
On Aug. 12, the MIIT began accepting applications for enterprises to become qualified yellow phosphorus enterprises.
Faced with tremendous pressure from the downstream phosphate fertilizer industry, China's sulphur market has become mired by the slump in sulphur market prices. Meanwhile the sulphur inventory in various ports remained high.
Nanchang Fanjie Technology Co., Ltd. achieved a breakthrough in phosphogypsum utilization by directly decomposing phosphogypsum to produce high purity gypsum.
China's phosphate fertilizer manufacturers have complaints about the current export tariff levying model and are calling for either a reduced export tariff rate or a more flexible export window period.
On Aug. 29, a Ya'an city-based project involving the construction of production facilities for capacitor grade phosphoric acid and microcapsulated red phosphorus flame retardant were added to the 2013 Key Projects List of Sichuan Province.
On July 25, Jinning Fine Phosphorus Chemical Industrial Demonstration Base has been approved as the Yunnan Province Late-model Industrialization Demonstration Base.
China's phosphate fertilizer exports are suffering from the Indian Rupee's further depreciation and the severe oversupply in the global phosphate fertilizer industry.
In Aug., the supply and demand for domestic yellow phosphorus remained stable while the domestic phosphorus ore and phosphate fertilizer industries are faced with different levels of oversupply.
In July, both the export volumes and export prices of primary phosphorus chemicals were generally stable or improving. However, TSP, MAP and DAP saw increased volumes but suffered from sharp price declines as the export window period caused the volume of phosphate fertilizer exports to soar, which enabled foreign importers the ability to slash prices.
In Aug., the price of phosphorus ore remained stable. The price of yellow phosphorus and downstream fine phosphorus chemicals such as phosphoric acid and STPP witnessed slight increases.
Hubei Province to upgrade its phosphorus industry and tidy the tax on phosphorus ore resources
MIIT begins accepting applications for enterprises to become qualified yellow phosphorus enterprises
China's sulphur market is in deep trouble primarily due to the sluggish downstream phosphate fertilizer industry
Fanjie Tech achieves a breakthrough in fully utilizing phosphogypsum
Domestic phosphate fertilizer manufacturers call for more flexible export policy
Fine Phosphate Chemicals
Blue Sky Chemical to develop capacitor grade phosphoric acid and red phosphorus flame retardant
Jinning Fine Phosphorus Chemical Industrial Base approved as Late-model Industrialization Demonstration Base
Global phosphate fertilizer market folded by dark clouds as Indian Rupee continues depreciating and downstream demand remains sluggish
Tianyuan and Annada to co-found a firm to produce iron phosphate
Hubei Xingfa and Wengfu Group affirmed as cleaner production demonstration enterprises
Supply & Demand
Market review of prime phosphate chemicals in Aug. 2013
Import & Export
International trade of phosphate chemicals in July 2013
Price monitoring of some phosphate chemicals in Aug. 2013
Baokang Chufeng Chemical, Datang Shidai Energy Conservation, Fanjie Tech, Blue Sky Chemical, Yunnan Phosphate Chemical, Tianyuan, Annada, Hubei Xingfa, Wengfu Group
To order this report: Phosphorus Industry China Monthly Report 1309 - Annual Subscription
Contact Clare: email@example.com
Intl: +1 339-368-6001
©2012 PR Newswire. All Rights Reserved.