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 tones 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 tons 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 tones. At the current consumption levels, China can barely provide itself with essential phosphorus resources for more than 40 years under the current mining technology.
In the first two months of 2013, China produced 12,719,393 tons 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 tones. At the current consumption levels, China can barely provide itself with essential phosphorus resources for more than 40 years under the current mining technology.
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.
On Mar. 27th, 2013, China's Ministry of Land and Resources published positive data on China's current mineral resources status. The data show that the proven reserves of phosphorus ore reached 20.74 billion tones 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.
On Mar. 27th, 2013, China's Ministry of Land and Resources published positive data on China's current mineral resources status. The data show that the proven reserves of phosphorus ore reached 20.74 billion tones 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.
Phosphorus Industry China Monthly
Report is a monthly publication released by CCM. It offers timely update and closes follows up of China
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CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.
For more information, please visit http://www.cnchemicals.com.
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
Email: econtact@cnchemicals.com
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