Source:China Fertilizer Network Author:zheng xiao Time:2013-07-21 Read:682second
Recently, a number of North American fertilizer production line is under construction to gradually reduce the yield, but the "green market global fertilizer demand and supply model," the report (referred to GM nitrogen report) that delay the North American nitrogen fertilizer production capacity expansion of global supply and demand balance and has little effect. North America is expected 2017/2018 of urea imports will reach 2.8 million tons. Recently, Yara International Contact Group announced Gayangdaegyo nitrogen fertilizer production slowdown in North America, which means that many companies have realized nitrogen oversupply situation in the short term there will be some of the fertilizer project cut, cut.
Phosphate, the global fertilizer market focused on the recent devaluation of the Indian Rupee against the U.S. dollar caused by the decline in purchasing power, coupled with India to expand production capacity this year, foreign demand is reduced. India's current inventory of about 3 million diammonium -350 tons, the "green market global fertilizer demand and supply model" the report said, the Indian market this year, imports of diammonium may from previous estimates 3,000,000 -350 ten thousand tons down to 2.1 million - 2.3 million tons.
Potash is also facing the risk of overcapacity this year, despite a number of projects have been shelved. When the global focus on BHP's mega project, China and India are busy primary projects for future funding. At present, China has three off-take agreements (including Prospect Global, Western Potash, Sirius Minerals three company's cooperation), this part of the future potash production totaled about 300 million tons. These projects are still facing many challenges, and even delays, cost overruns or the suspension of the project and so on. But clearly, China in efforts to acquire Canadian potash company, Belarusian Potash Company outside of potash resources.