In February, urea prices mainly keep stable in the domestic market, and low factory prices reach RMB 1720-1750/MT in local regions of North China and East China. Factory prices temporarily keep stable in the southwest because the natural gas supply has changed for the better and the shortage of goods resource has been alleviated.
I. Fertilizer Market Briefing in February
1. Urea Prices Keep Stable, and to Rebound from March
2. Potash Fertilizer Market Runs steadily and to be Stable in the Future
II. Fertilizer Market Information in February
1. Liaherd Chemical Industry Bids for Two Fertilizer Companies with RMB 46.9 million
2. Luxi Chemical Reduces Urea Production Costs by Setting up HT-L Installations
3. Annexation and reorganization of Henan Coal Mining Enterprises will have an Influence on Coal Supply in 2010
4. Over-Capacity of Urea will be Further Aggravated in 2010
5. Fertilizer Reserve Increases Year by Year in Guangxi
III. Analysis and Forecast on Fertilizer Production in January
Nitrogenous and Potash Fertilizer Output Decreases Month-On-Month but Increase Year-On-Year
IV. Analysis on Import and Export of Fertilizer in January
1. Urea and Ammonium Chloride Export Volume as Shown by 162.7% and 202.3% Year-On-Year Increase from Last Year
2. MOP Import Volume as Shown by 347.6% Year-On-Year Increase from Last Year, Import Volume to Be Higher in 2010 from 2009
3. Import and Export Volume of Major Fertilizer Varieties by Country
4. Import and Export Volume of Major Fertilizer Varieties by Province
V. Analysis on Supply and Demand of Fertilizer
1. Stock/Consumption Ratio of Nitrogenous Fertilizer to be 44.7% in 2010, the Highest in History
2. Stock/Consumption Ratio of Urea to be 44.0% in 2010, the Highest in History
3. Stock/Consumption Ratio of Potash Fertilizer Will Decrease to 45.7% in 2010
Attached Tables
Attached Table1, China Fertilizer Import Volume and Export Volume by Variety, January2010
Attached Table2, China Urea Export Volume by Country of Destination, January2010
Attached Table3, China Ammonium Chloride Export Volume by Country of Destination, January2010
Attached Table4, China MOP Import Volume by Original Country, January2010
Attached Table5, China SOP Import Volume by Original Country, January2010
Attached Table6, ChinaUrea Export Volume by Province, January2010
Attached Table7, China MOP Import Volume by Province, January2010
Attached Table8, China SOP Import Volume by Province, January2010
Attached Table9, China Nitrogenous Fertilizer Supply and Demand, 2003-2010
Attached Table10, China Urea Supply and Demand, 2003-2010
Attached Table11, China Potash Fertilizer Supply and Demand, 2003-2010
Attached Figures
Attached Fig.1, China Urea Export Volume and Price by Month, 2008-2010
Attached Fig.2, China Ammonium Chloride Export Volume and Price by Month, 2008-2010
Attached Fig.3, China MOP Import Volume and Price by Month, 2008-2010
Attached Fig.4, China SOP Import Volume and Price by Month, 2008-2010
Attached Fig.5, Prevailing Factory Price of Synthetic Ammonia by Regions , 2008-2010
Attached Fig.6, Wholesale Price of Urea by Main Province,2008-2010
Attached Fig.7, Prices of Imported 60% White Potassium and Imported 60% Red Potassium, 2007-2010
Attached Fig.8, Prevailing Price of Domestic 60% Crystal MOP, 2007-2010