Phosphorus Industry China Monthly Report 1211 (12 issues per year)

Date: November 15, 2012
Pages: 15
Price:
US$ 2,916.00
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Publisher: Guangzhou CCM Information Science & Technology Co., Ltd. (CCM)
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: P3606F6590AEN
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Phosphorus Industry China Monthly Report 1211 (12 issues per year)
Editor Notes

Welcome to CCM’s new issue of Phosphorus Industry China Monthly Report in Nov. 2012.

In Oct. 2012, China’s phosphate fertilizer market was in a fragile state, with sluggish demand in the remainder of 2012 as estimated. In the meantime, China’s phosphorus ore market was dragged down by gloomy phosphate fertilizer market. Relatively speaking, China’s yellow phosphorus and other phosphate chemical market seems to be more promising in the following months.

Apart from China’s depressed phosphorus market, the overall macro economy of China saw a marked pickup this Oct. According to data from National Bureau of Statistics of China & General Administration of Customs of the People’s Republic of China, China’s multiple macro-economic indicators began to rebound, like investment, consumption, price of commodities, industrial added value, etc.

In addition, China is about to enter a new era due to the change of political leaders in 2012, which will generate certain non-foreseeability for China market.

Average exchange rate in Oct. 2012, USD:RMB=1:6.31

Headline

Sichuan Hebang impresses followers of phosphorus industry with the launch of a string of phosphorus investment activities in the second half of 2012.

With application standard loosened, China’s 2013 export quota application for phosphorus ore commences in Oct. 12th.

The success in pilot production regarding the recovery of rare earth elements from low-grade phosphorus ore is expected to drive the progress of Zhijin Project.

Yellow phosphorus is encountering shipment problem as its transportation is interrupted by the convocation of China’s 18th Party Congress on Nov. 8th, 2012.

Wengfu Group is to add a USD316.96 million investment for the expansion of its existing Gansu phosphate production base.

Negative impacts from China’s unbalanced DAP market are gradually exposed since Oct., with the close of low export tariff window for DAP.

Jiangsu Chengxing announces the establishment of a subsidiary in Qinzhou City Guangxi Province in Oct. 2012.

Jiangsu Chengxing and Liuguo Chemical’s stagnant development on lithium iron phosphate signals that phosphate companies should be cautious about choosing appropriate business expansion.

Vietnam is to restrict export of phosphorus ore through raising export tariff.

China’s near-term phosphorus ore market may be encumbered with depressed downstream phosphate fertilizer market if no sign of turnaround emerges in Nov.

Yellow phosphorus saw rising export volume in Sept. 2012 as a result of low export price.

The price of phosphorus ore began to show the fluctuation in Oct. 2012.
Editor's Note
Headlines of Phosphorus Industry China Monthly Report 1211

Phosphorus ore
Company Dynamics: Sichuan Hebang fuels expansion of phosphorus business
Policy & Legislation: China’s 2013 export quota application for phosphorus ore starts
Project Progress: Zhijing Project to make new progress

Yellow Phosphorus
Industry Dynamics: Yellow phosphorus to see interrupted shipment till late Nov.

Phosphate Fertilizer
Company Dynamics: Wengfu to scale up production in Gansu Province
Industry Dynamics: After-effect from DAP’s closing export windows emerges in Oct.

Fine Phosphate Chemical
Company Dynamics: Jiangsu Chengxing to extend business to Guangxi Province
Industry Dynamics: Failed extension project treated with caution

Global Insight
Vietnam to raise export tariff of phosphorus ore

Supply & Demand
Market review of prime phosphate chemicals in Oct. 2012

Import & Export
International trade situation of phosphate chemicals in Sept. 2012

Price Update
Price monitor of some phosphate chemicals in Oct. 2012

COMPANIES MENTIONED

Hubei Xingfa,Sichuan Hebang,Jiangyin Chengxing, Jiangsu Chengxing,Wengfu Group, Liuguo Chemical
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