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India would cancel oil head urea subsidy
The government of India has informed to cancel the southern oil head since June 30th (naphtha) urea enterprises subsidies. This relates to the India SPIC MCFL and MFL 3 nitrogenous fertilizer enterprises, means that the three companies in the 1500000 tons / year capacity to turn into gas head. The current inventory of naphtha can support a period of production, but this three enterprises have expressed a need for more time transformation, and the need to supply security assistance.
South Korea imports soared from Chinese urea
South Korea imports during the first half of 402000 tons of urea, 14000 tons year-on-year reduction. The total demand changed little, but the supply structure changes. Because this year China urea export tariffs on imported from Korea, 1~6 China urea 318000 tons, an increase of 161%. At the same time from Qatar imported urea fell to 58000 tons, up 71%.
Egypt has no Urea Export gas short
Because of the natural gas supply shortage, Egypt n no Urea Export enterprises. OCI no Urea Export this month, a set of device and running frequent parking, may to August to reduce the export of. In July 15th, Alexfert device production, the operating rate of 7, the production of Ameropa orders for 10000 tons, it is reported that the enterprise has to the government to reach an agreement in August to reduce the operating rate. In addition, Mopco fertilizer plant also because of gas to stop.
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