According to related statistics, 1-9 February 2010, China's total exports of urea up to 3,690,500 tons. Which, in September of about 1,197,000 tons of urea exports.
Investment Advisor in the chemical industry researcher Yi-Chi Chang pointed out that, from the total, 1-9 months of this year, nearly 3.7 million tons of urea exports have exceeded the 2009 full year export volume. Into October, due to starting from the October 16 implementation of the off-season export tax rate of urea, urea exports are still increasing. Expected total exports of urea will be possible to reach 500 million tons.
According to the Investment Adviser's "2010-2015 China Nitrogen Fertilizer Industry Investment Analysis and Forecast Report" shows that in 2009 domestic urea production capacity to 63 million tons, while demand of 5,000 million tons, more than 1,000 tons of excess capacity. Among them, China's urea export in 2009 was about 33.8 million tons.
Chang Yi-Chi that this year China's urea exports increased due mainly to the following aspects, one of urea, excess capacity, and second this year due to climatic factors, the domestic market, the demand for urea is limited; third is the current global economy gradual recovery of the fertilizer demand to pick up; fourth year international agricultural prices rose sharply, driving a certain extent, the demand for fertilizer.
Investment Advisor in the Research Director Zhang Yan Lin pointed out that under the impact of energy conservation, the current domestic urea manufacturers of low levels of capacity utilization, production is limited, while the export volume of urea has been significantly increased, which reduced production and exports have increased substantially The situation has contributed to the domestic urea prices. Current fertilizer prices and the significant increase in exports has been attached great importance to the relevant part of the future will take the appropriate measures to limit the large number of domestic urea exports to stabilize domestic urea prices and ensure supply of urea next year. (Xi-Jun)