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Nitrogenous fertilizer industry haze is being dissipated
Source:China Chemical Network   Time:2014-03-02   Read:658second  

Held on February 27 at the Beijing 2014 spring fertilizer market situation analysis will release information : After experiencing the 2013 downturn, in 2014 , favorable agricultural policies to promote farmers' enthusiasm for growing grain increased natural gas prices will make nitrogen fertilizer production capacity severe overcapacity situation to some extent alleviated, to further improve the urea export policy to create favorable conditions for the expansion of exports , which are working to bring good sales this year of nitrogen . Overall judgment , good spring nitrogen fertilizer production and sales situation , market supply and demand balance , shrouded nitrogen fertilizer industry, " haze " is being dissipated.

It is understood that in 2013 domestic urea production capacity to 80.7 million tons , while the market demand of about 65 million tons of urea , urea excess capacity of about 15 million tons . Cause serious excess capacity in the industry vicious competition , rapid decline in the price of urea , a significant decline in corporate profits. 2013 , nitrogen fertilizer industry profit is only 6.64 billion yuan , dropped significantly by 51.4% over the previous year ; sales profit rate of only 2.31% , a record low level in recent years, sales margins .

Spring approaching, whether nitrogen fertilizer industry out of the doldrums of the situation, is a common topic of concern to the industry . China Petroleum and Chemical Industry Federation executive vice president , China Nitrogen Fertilizer Industry Association, Li Shousheng pointed out that the Central Rural Work Conference , held late last year and early this year, the central document released this year nitrogen fertilizer industry are stable and healthy development of a strong as support and protection. Under favorable policies led farmers growing grain will rise further . Meanwhile, natural gas prices make nitrogen fertilizer overcapacity is expected to ease to some extent , export policies also help to further improve the urea market expansion . These factors nitrogen fertilizer sales this year to create a good working environment .

The latest statistics show China Nitrogen Fertilizer Industry Association , 2014 Spring domestic resource of 27.798 million tons of urea , 431,000 tons compared to the previous year , spring nitrogen supply is guaranteed.

NDRC Trade Division Director Qi propionate pay the release of the State speech at the meeting will further relax the control signal for the fertilizer products . It is reported that the future government will further strengthen the role of the market in resource allocation in the fertilizer , weakening government intervention in the fertilizer market . Assistant General Manager of Sinochem Fertilizer Co., Cao Ying Department of nitrogen in the fertilizer market analysis for the global report also predicts that this year the domestic export volume is expected to remain high nitrogen fertilizer will bring new opportunities for domestic nitrogen fertilizer business .

Li Shousheng requirements this year, the industry must be determined to achieve a breakthrough in restructuring, transformation and upgrading, foster a number of structural adjustments to the way the business model , the majority of the nitrogen fertilizer business to boost market confidence, seize the favorable opportunity to do more good work this spring fertilizer supply , and strive to achieve the " three guarantees an improvement" ( Paul quantity, the quality , security and stability, reasonable prices , improve agricultural service levels). While enterprises should further accelerate technological innovation and promote the sustainable development of nitrogen fertilizer industry .

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