Despite much
effort to increase phosphorus resource reserves, China still needs to brace
itself for an imbalance in phosphorus resource reserves in the face of the fast
growing exploitation of phosphorus resources, according to Phosphorus Industry China Monthly Report 1304 issued by CCM in April.
On Mar. 27th,
2013, China's Ministry of Land and Resources published positive data on China's
current mineral resources status. The data shows that the proven
reserves of phosphorus ore reached 20.74 billion tonnes in China by the end of
2012, increasing by 4.85% compared to that of 2011. However, the newly increasing
reserves of phosphorus resources are still incapable of offsetting the annual
consumption of phosphorus resources.
In the light of
the data from the National Bureau of Statistics of China, China's basic reserve
of phosphorus resources maintained a continued decline. By the end of 2011,
China owned 2,893 million tonnes of phosphorus ore whose actual economic value
can be exploited under the current mining technology.
Furthermore,
China still maintains an accelerating growth in the exploitation of phosphorus
ore.
In the first two
months of 2013, China produced 12,719,393 tonnes of phosphorus ore with a
content of 30% P2O5, increasing by 15.69% compared to that of the same period
of last year. It could forecast that the output of phosphorus ore might exceed
100 million tonnes in China in 2013 at the current rate. In recent years, China
has maintained a fast growth in the exploitation of phosphorus ore. From 2008
to 2012, the output of phosphorus ore nearly doubled in China, from 49.72
million to 95.78 million tonnes. At the current consumption levels, China can
barely provide itself with essential phosphorus resources for more than 40
years under the current mining technology.
China could
inject part of its phosphorus ore into the international market in addition to
meeting self-sufficiency targets; however, another truth is that China's
abundant phosphorus resources are of low grade. Average purity of China’s
phosphorus ore is only 17% and 80% of China’s phosphorus ore is middle
and low-grade collophanite, which includes plenty of impurities;
thus the workload of ore dressing for it is bigger than that for high grade
varieties. As the largest phosphorus ore consumption country, China has seen
phosphorus ore as a strategic resource for years. For China, therefore, the
solution to relieving the potential resource tension is to encourage
advancements in low-grade phosphorus ore utilization technology.
Table Contents of Phosphorus Industry China Monthly Report
1304:
Editor's Note
Headlines of
Phosphorus Industry China Monthly Report 1304
Phosphorus ore
Industry
Dynamics: China is facing an imbalance in phosphorus resources reserves
Policy &
legislation: 16 phosphorus mining firms are entitled to export phosphorus ore
in 2013
Company Dynamics:
Hubei Xingfa to get expansion in phosphorus mining sector
Yellow Phosphorus
Industry
Dynamics: YunPhos expects to accelerate comprehensive utilization project of
yellow phosphorus tail gas
Phosphate
Fertilizer
Company Dynamics:
Shindoo to step into Vietnam’s fertilizer market
Industry
Dynamics: MAP to benefit from the booms of water soluble fertilizer in
China
Fine Phosphate
Chemical
Policy &
legislation: The US to keep anti-dumping duty on sodium hexametaphosphate from
China
Company Dynamics:
CXPC‘s 2012 gross profit dropped 46.95%
Global Insight
Italmatch
Chemicals slips closer to global expansion target
Supply &
Demand
Market review of
prime phosphate chemical in March 2013
Import &
Export
International
trade of phosphate chemicals in Feb. 2013
Price Update
Price monitoring
of some phosphate chemicals in March 2013
Phosphorus Industry China Monthly Report, issued by CCM on 15th, keeps providing the
latest company dynamics related to China’s phosphorus industry, and market
analysis on supply and demand, import and export as well as global insight.
CCM is dedicated to market research in
China
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606
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