China in July 2009 some export tariffs on fertilizer products to adjust to make month by month through Guangdong ports rapid rebound in exports of chemical fertilizers, fertilizer exports through the ports in Guangdong since the July start for 3 consecutive months of growth, the first three quarters of export through the ports in Guangdong fertilizer 25.1 million tons, up by 11.4 times, growth of 1.6 times.
22, released by Guangzhou Customs statistics show that in 2009 the first 3 quarters of total exports of chemical fertilizers by the Guangdong port 461,000 tons, 5.3% over last year, worth 180 million U.S. dollars, down 32.5%.
The first 3 quarters through the Guangdong port city on the Association of Southeast Asian Nations and the Middle East exports to decline and exports to India increased shock. Of the total exports of these countries and regions, fertilizer 327,000 tons, accounting for the same period through the ports in Guangdong 70.8% of total exports; of these pairs of ASEAN and the Middle East export 131 thousand tons respectively, and 6.7 million tons, 129,000 tons of Indian exports, an increase of 18.5 times.
Is worth noting that, as of the end of August this year, China's total fertilizer production to reach 37.87 million tons, compared with the same period last year increased by 10%. The lack of demand makes the stock to rise significantly. In addition to the mainland China market, there are still gaps in supply and demand of potash fertilizer, the nitrogen and phosphorus than self-sufficient, in which excess nitrogen fertilizer production capacity of 15% or more is expected this year will yield a substantial increase in supply and demand is likely to continue increasing.
Meanwhile, the fertilizer industry, capacity expansion continues unabated, China Petrochemical Association data show that from January to July this year, phosphate fertilizer industry investment growth reached 97.1%, up 4.18 billion yuan, while 2.12 billion yuan a year earlier, however. (Where peach)