Since the beginning of the third quarter, the domestic fertilizer prices and production down significantly, the first half of the strong market basically ended. The person in charge of the relevant industry associations in the interpretation of this significant change in that, in the case of a weak external environment, the future of the industry slowdown will be inevitable, the fertilizer business to do to survive on low-cost, low-growth and development "ready. 

In the first half of this year, in the context of economic benefits of oil and chemical industry continues to decline, the fertilizer manufacturing industry contrarian rosy. September 10 by the Ministry of Industry data show that 1 to June of 2012, the fertilizer industry, the main business income of 380.04 billion yuan, a year-on-year growth of 19.5%, total profit of 21.29 billion yuan, a year-on-year growth of 15.5%, 5.6% of the sales profit. 

July, the fertilizer industry to drop sharply, the market price is high callback, yields fall increase. According to data released by the Development and Reform Commission and the China Petroleum and Chemical Industry Federation: month of the urea market price of 2290 yuan / ton, a decline of 3.8% year-on-year decline of 0.4%; diammonium 3120 yuan / ton, a decline of 1% year-on-year decline of 5.5%; month national fertilizer production (pure) 6.357 million tons, a year-on-year growth of 8.5%, down 3.2 percentage points, but the chain. 

In this regard, China Petroleum and Chemical Industry Federation president Li Wu pointed out that the overall economic downside case, the chemical fertilizer industry in the future period it is impossible to achieve substantial growth, we should have a clear understanding of this. He said that the outbreak in 2008, the financial crisis has yet to curb the future of the world's major economies will enter strategic systolic global economy may fall into a prolonged slump; At the same time, the downward pressure of the domestic economy to continue to increase, the economic slowdown is inevitable. The current industry is an urgent need to enhance confidence, a positive response, efforts efficiency of the section, the transition to the high-tech and high value-added products to the industry to adjust the tilt of key projects and key aspects of survival in the low-cost, low growth and development. 

China Phosphate Fertilizer Industry Association Wuxi Yan also expressed concern about the prospects of the industry. He said, diammonium basic earnings ammonium generally lose money in the case of the economic downturn, the normal decline in business efficiency, but the problem is the saddest day in the current industry leading enterprises represent advanced productive forces. He analyzed the reasons for this phenomenon is that the resources dependent on the characteristics of the phosphate fertilizer industry and backward production capacity in recent years, not to establish withdrawal mechanism, the imbalance between supply and demand caused by the root of the dilemma.