Recently, the National Development and Reform Commission analysis of the development of the domestic fertilizer industry in 2012, the overall steady development trend that the fertilizer industry. The product yield steady growth, steady slowdown in output growth, constantly optimize the funds to invest in guaranteed annual agricultural production needs, and has laid a good foundation for this year's spring fertilizer supply. 

Development and Reform Commission, analysts believe that China's agricultural production remained strong rigid demand for fertilizer. 2012 industry-wide production of 74.32 million tons of chemical fertilizers (pure, the same below), a year-on-year growth of 10.9%. Among them, nitrogen fertilizer demand is strong, industry operating rates increase, the annual output of 49.47 million tons, an increase of 11.3%; phosphate fertilizer, although the operating rate is not high, but capacity high base, the annual output reached 19.56 million tons, year-on-year increase of 10.7%; potash production steady, annual output of 5.3 million tons, a year-on-year growth of 7.8%. 

According to statistics, in 2012, the fertilizer industry output value of 804.7 billion yuan, a year-on-year growth of 19.1%, higher than the the petrochemical industry average growth rate of about 6 percent. The first half, the subject on the amount of carry-over resources at the end of the low part of the new capacity postpone put into factors, a tight balance between supply of fertilizers; same period coal, electricity and other raw material prices, fertilizer prices generally rising trend, coupled with the production increased by approximately 12% output growth remains above 20%. The second half of the year, the domestic market with fertilizer demand slowed, and other factors affect fertilizer prices index fell below 100, while the same period production still maintain a certain growth, but output growth has always remained at low levels. In January-November 2012, the fertilizer industry realized profits of 40.6 billion yuan, a year-on-year growth of 10%. Which, nitrogen fertilizer to achieve a profit of 12.1 billion yuan, a year-on-year growth of 6.1%; phosphate fertilizer profit of 26 billion yuan, down 920 million yuan over the same period last year; potash profit of 7.1 billion yuan, a year-on-year growth of 19.8%. The expected annual industry sales of about 6%, essentially flat with the previous year. 

Material, 2012, the fertilizer industry completed investment of 140.8 billion yuan, a year-on-year growth of 12.3%, 8.3 percentage points lower than the same period in the country's fixed asset investment growth; construction projects fell 0.5%, the new projects a year-on-year growth of 2.5%. Nitrogen fertilizer industry completed investment of 38.9 billion yuan, accounting for the proportion of total investment in the industry fell to 27.6% from 33.4% last year, 19.9% ​​and 21% respectively, year on year decline in construction projects and new projects; phosphate fertilizer industry, completed an investment of 100 billion yuan, accounting for proportion of total investment of 7.1%, flat with the previous year, 10.7% and 14.3%, respectively, year on year decline in construction projects and new projects; fertilizer industry completed an investment of 42.9 billion yuan, total investment rose from 28.8% last year to grow to 30.5 %. 

It is estimated that, during the spring of this year, the urea supply of the domestic market will reach 26 million tons, which carryforward of approximately 11 million tons by the end of the first quarter, production of 15 million tons; the DAP supply will reach 7.5 million tons, which by the end of 2012 carried forward about 400 million tons, production of 3.5 million tons in the first quarter. Expected during the spring demand is about 19 million tons of urea, DAP demand is about 5.5 million tons. The supply and demand situation this year, during the spring of urea, diammonium phosphate supply surplus of 700 million tons and 200 million tons to meet fertilizer demand.