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1-8 months of nitrogenous fertilizer industry profit 3302000000 yuan, drop compared to the same period 64.5%; main business profit margin is 1.78%, 3.23 percentage points year-on-year decline; industry losses, losses increased significantly. The second half of the year if about 5000000 tons of urea new capacity put into production, is expected by the end of 2013, domestic urea production will reach 65000000 tons, the annual export volume of 7000000 tons, the domestic demand is 5000000 tons, the annual supply of excess capacity is about 3000000 tons. Next year is expected to supply surplus situation will be more serious, at the cost of lack of support, preferential policy tightening of chemical fertilizer under the condition of nitrogen fertilizer market, using urea as the representative will also be low.
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