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Three quarters of urea to stabilize the main
Source:Chinese fertilizer   Author:Ma Yanping   Time:2012-07-19   Read:907second  

Postponed in July and August urea enterprises have moved into the shut down for maintenance, and international market demand for the gradual release of new capacity put into operation in October urea surplus pressure is not other factors, this year from July to October urea market will remain basically stable. This is a news reporter from the China Nitrogen Fertilizer Industry Association Market Trade Commission, chairman of the meeting held in Beijing on July 10.

Meeting held 7 October urea agricultural demand will gradually weakening, but the relationship between supply and demand to see basically the same as last year, July to October, the urea market will remain basically stable for the following reasons: First, this year plans to add urea production capacity of 19 sets, has been put into 5 sets, 14 sets of the remaining 6.56 million tons of urea production capacity to be commissioned at the end of this year or next year; second, with the July end season with a fertilizer, urea enterprises will be arrangements for maintenance, at the same time due to the recent price of urea quickly decline, resulting in urea enterprises operating rate declined; third this year, China's urea export situation better than last year, export volume is expected to reach 400 million tons more than last year; Fourth, China nitrogen Fertilizer Industry Association estimates that this year, from June to October about 31.38 million tons of urea supply, total demand of about 25.8 million tons, the balance between supply and demand of more than 5.58 million tons urea supply and demand relationship and last year, the excess pressure is not.
The Meeting recommended that the majority of nitrogenous fertilizer enterprises should actively stabilize market prices, and actively organize urea exports, in order to achieve the industry's annual running smoothly to create conditions to protect the domestic supply. PetroChina, CNOOC, Sinochem, Shanxi Coal, Hubei Yihua, Luxi chemical nitrogen fertilizer business sales person in charge attended the meeting.
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