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Fertilizer industry economic indicators rose steadily, economic sectors has increased, a substantial increase in export trade, became the fertilizer market running smoothly January to July nitrogenous fertilizer industry showing four characteristics. This is news reporter from China Nitrogen Fertilizer Industry Association, held in Zhengzhou, 17 September 2015 meeting of nitrogenous fertilizer industry marketing.
China Nitrogen Fertilizer Industry Association, Gu Qin in his keynote report noted that this year, the face of complex and challenging market conditions, nitrogen fertilizer industry adhere to seek progress, innovation, and actively respond to various risks and challenges, the industry is generally stable economic operation. January to July, nitrogenous fertilizer industry of major economic indicators rise month on month, structural adjustment and innovation development shows a positive change for the industry losses created good conditions.
Data from China Nitrogen Fertilizer Industry Association, from January to July the whole industry realized main business income of 149.9 billion yuan, an increase of 1.4%. 1 to July total profit of nitrogenous fertilizer industry -7 billion yuan, 2.8 billion yuan year on year reduced losses, trade deficit down. 1 to July exports of 5.539 million tons of nitrogen fertilizer (nitrogen fold), an increase of 54.9%; exports of 7.748 million tons of urea, an increase of 46.7%. 1 to July the average export price per tonne of urea $ 295, with foreign marketing margins shrinking, some time is also higher than the international market. This year, the nitrogen tends to balance production and sales, from January to August sales rate of 102% of urea production by the end of August business inventories 330,000 tons, down 34%. 1 to July average ex-factory price 1626 yuan / ton, up 82 yuan / ton.
Gu Qin pointed out that this year, large-scale nitrogenous fertilizer enterprise in energy saving, product upgrading and enhance the level of marketing is making a big effort, business efficiency improved significantly, led the entire industry losses fell. 1 to July Henan XLX profit 400 million yuan, an increase of over 300%; Chun Group 1 to August profits rose 60 percent; Shandong Huaneng Power in the good nitrogen main industry, vigorously develop high-end chemicals, from January to June net profit of 530 million yuan, an increase of 28%.
The experts of this year the overall market has stabilized nitrogen losses represent exciting. Experts said that in May this year, the international urea prices fell sharply, the market sentiment pessimistic under diffuse the situation, the domestic fertilizer market companies resisted the pressure, determined not less than the cost of exports, not only to stabilize the domestic market, also contributed to the international the steady rise of the market, has been widely praised foreign counterparts. In the whole sectors of the economy overall smooth running of the situation, the Chinese fertilizer industry will face both opportunities and challenges in the state. Fertilizer market reform policies under the phased, gradual increase in pressure on safety and environmental protection, international market space increasingly compressed negative factors will force industry survival of the fittest, more importantly, is "along the way" strategy is more beneficial to explore the international market and country The agriculture policy and agriculture scale, modernization fertilizer industry has brought new opportunities.
The meeting was chaired by Henan XLX Fertiliser Ltd, Hao Huajun Group Limited has undertaken.
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