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“Difficulties” of urea industry in 2016

Entering into the slack season, urea market has been hitting the new low even every day. Throughout 2016, urea market really suffered many difficulties about price growth, profits gains, exports and de-capacity.

07-27-2016 10:51:25

Urea market slumped in H1 2016 and still looks bearish in H2

2016 is a very special year to urea market. In the first half of 2016, the urea market kept moving down. As for urea index of JYD, the index at the end of June declined by 22.98% against that of the beginning of January.

07-26-2016 17:01:50

How to resolve risks of urea industry?

The first half of 2016 has witnessed unprecedented risks in China’s urea industry. Suffering a “cliff-like drop”, the urea industry began to follow the steps of steel and coal industries gradually.

07-26-2016 14:43:27

Liquid ammonia market hard to turn around amid limited demand

This week, synthesis ammonia market moved down as a whole, except a small growth in some regions. By closing on June 24th, liquid ammonia index read 1,925 by JYD, down by 0.88%against early week; domestic price was averaged CNY1,961/mt, down by 0.66% WoW.

06-29-2016 15:34:46

China suppliers to continue consulting with India on inquiry for DAP

Reportedly, Hubei Yihua Group has been consulting with IFFCO on phosphate fertilizer orders. And the current quotation by Hubei Yihua Group is $330-340/mt FOB. But so far, no deal has closed at this price yet.

06-29-2016 11:03:22

Analysis of the run rate of compounded fertilizer enterprises (Late June)

In the second half of June, some compounded enterprises adjusted their operation loads. In North China, enterprises mainly cleared the inventory and ran at low loads with summer sowing completing, and some enterprises shut down.

06-29-2016 09:44:20

Analysis on the run rate of phosphate fertilizer enterprise

This week, the run rate of domestic MAP enterprises was averaged at 54%, unchanged from the previous week. The MAP unit of Henan Xingyangfeng Fertilizer shut down for maintenance temporarily and its daily capacity was only 200mt.

06-28-2016 16:24:52

Comparison of China major potash fertilizer enterprises’ EXW price

This week, domestic potash fertilizer enterprises decreased quotations slightly. As for muriate of potash, the arrival price of QingHai Salt Lake Group quoted at CNY2,120/mt for 60% Crystal and at CNY1,920/mt for 57%.

06-28-2016 14:13:38

China's hosphate competitiveness weakening with global capacity released intensively

Since 2000, China has begun to change the situation of short supply gradually with phosphate fertilizer capacity being released intensively.

06-21-2016 17:40:31

Tender status of Taiwai TFC

Taiwai TFC closed an invitation to tender for 6,000mt urea and the latest price has fallen to $213-215/mt CFR. The final result has published at 3 p.m., June 17th, 2016.

06-21-2016 15:58:10

Analysis on the quotations of major synthesis ammonia enterprises

This week, the quotations of domestic focal monitoring enterprises saw both rises and falls. Shandong Mingshuida Chemical suffered the largest slump down by 0.59% WoW, followed by Shangdong SKF Chemical with 0.80% WoW.

06-21-2016 14:53:11

Comparison of China major potash fertilizer enterprises’ EXW price

This week, domestic potash fertilizer enterprises maintained stable quotations. As for muriate of potash, the arrival price of QingHai Salt Lake Group quoted at CNY2,120/mt for 60% Crystal and at CNY1,920/mt for 57%.

06-21-2016 11:26:36

Phosphate fertilizer price looks to steadied in the short run

Market participants think that China’s phosphate fertilizer market will maintain steady in the short run. The mainstream FOB price of China’s diamonium phosphate was around $333-340/mt.

06-20-2016 15:52:31

Statistics of urea inventories of some domestic ports

Currently, domestic urea inventory totals 550,000mt and the inventory of Yantai Port is 210,000mt, including 110,000mt small urea granules, and the inventory of Qingdao Port is 65,000mt.

06-20-2016 15:22:35

Synthesis ammonia market maintaining steady amid sluggish downstream demand

On May 26th, liquid ammonia index read 2,021 by JYD Information, up by 0.20% against May 25th and up by 0.40% over previous Friday. Domestic average price was CNY2,023/mt, down by 0.19% against that of early week and down by 0.18% over the previous Friday.

06-06-2016 17:42:07

Will phosphate autumn storing first launch after June 20th?

Recently, with entering into demand-slack season, downstream plants restocked ammonium sporadically and the quotations declined steadily to CNY1,700-1,900/mt and the actual transaction price was CNY1,630-1,830/mt.

05-31-2016 16:03:34

Import price of potash fertilizer edging down lacking support from contracts

And currently, the EXW price of 52% powder fluctuated around CNY2,400-2,500/mt. Since sluggish demand cannot push potassium sulphate market up, the market will maintain weak adjustments in the short run.

05-31-2016 10:33:34

Comparison of China major potash fertilizer enterprises’ EXW price

This week, domestic potash fertilizer enterprises maintained stable quotations.

05-30-2016 17:27:58

India’s tender offers reflecting a risk of China’ urea export

India is a large urea exporter. In 2014 and 2015, China has export 50% of the total export volume to India. So every tender offer of India would become a spotlight on China market.

05-25-2016 14:17:12

Sales pressure of compounded fertilizer to intensify

According to the statistics by the Customs, the export volume of China diammonium pegged 563,800mt in the first quarter of 2016, down by 39.73% YoY. The decline of diammonium export resulted in a growth of domestic supply and a reduction of price.

05-24-2016 14:22:23

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