Following the July China's fertilizer production is the first year-on-year negative growth, in August the national chemical fertilizer production continue to decline. According to the latest statistics show that the National Bureau of statistics, in August China produced 6772000 tons of chemical fertilizer (pure volume, the same below), down 0.3% yoy. The nitrogen fertilizer 6772000 tons, an increase of 1.1%; phosphate fertilizer 1795000 tons, down 3.41%; potassium fertilizer 534000 tons, down 0.37% yoy.

The main reason of the yield decreased fertilizer prices, fertilizer prices continue to hover in the low in August, enterprise profit decline, loss making enterprises increased, resulting in operating rate and yield of double. The phosphate fertilizer market trend of the downturn, the decline in maximum yield.

From 1 ~ August cumulative production data, although still growing, but growth has noticeably slowed. One of the biggest, potash fertilizer production increase of 16%, 8 months before I the production of potash fertilizer 3935000 tons; nitrogen fertilizer production in China ranked second, 8 months before the cumulative production of nitrogenous fertilizer 43940000 tons, an increase of 6.2%; phosphate fertilizer output growth rate of the lowest, in China in the past 8 months of cumulative production of phosphate fertilizer 13580000 tons, year-on-year growth of only 0.03%. The output of chemical fertilizers in China increased by 6%, 8 months before the cumulative production of 53287000 tons of chemical fertilizer.