Following are headline news of the latest issue of Phosphorus Industry China Monthly Report:
International
trade of phosphate chemicals in Aug. 2013
Export prices of
nearly all main phosphorus chemicals witnessed a slump in August. Exports of
phosphate fertilizer in particular experienced continuous rise in volume and
decline in price during China's export window.
Market review of prime phosphate chemicals in Sept.
2013
In Sept., the
Chinese phosphorus industry was still troubled by oversupply, caused by
sluggish domestic demand and weak exports. However, supply and demand for
yellow phosphorus were again balanced due to strong and ongoing demand from the
domestic pesticide industry.
Price monitoring of some phosphate chemicals in
Sept. 2013
The domestic price
of phosphorus ore decreased sharply in Sept., as phosphate fertilizer
manufacturers started to halt production and conduct equipment overhauling in
the coming long off-season after autumn. The price of yellow phosphorus, on the
other hand, rose further, driven by a continuous and relatively strong demand
from the pesticides industry, which helped to boost the prices of phosphoric
acid and other downstream fine phosphorus chemicals.
Global phosphate fertilizer market to maintain
steady in the rest of 2013
Global export
prices of MAP and DAP have generally declined in Sept., due to a global
oversupply of phosphate fertilizers. Some manufacturers adopted production
control strategies to cope with the situation. The outlook may improve slightly
after the closing of China's window for fertilizer exports, on Oct.15.
Yuntianhua's profits and revenue down in H1 2013
Yuntianhua gross
profits are down for most of its main products, with a decline in both prices
and sales volume. The profits of trade & logistic also dropped
significantly, due to rising transportation costs.
Ten organophosphorus pesticides to be banned,
effective Nov. 2013
Ten different
phosphorus-containing pesticides will be banned starting in Oct. 31, 2013. The
announcement was made by the Ministry of Agriculture of the People's Republic
of China (MOA) as far back as June 15, 2011. The new policy's effect on the
demand for yellow phosphorus is hard to predict, as it will depend on many
aspects, especially on whether the ban will be strictly enforced come Nov.
Yuntianhua launches another reorganisation to peel
off its glass fibre assets
On Sept. 25,
Yuntianhua announced another reorganisation plan to sell all of its glass fibre
assets to its substantial shareholder——Yuntianhua Group in order to improve its
profitability and variety of products. The deal will be transacted in the form
of share-based payments.
Gansu Jingtianfu launches a phosphogypsum
comprehensive ultilization program
Gansu Jingtianfu
Technology Development Co.,Ltd. recently launched a phosphogypsum comprehensive
ultilization program, which aims to recycle the solid waste of phosphogypsum
coming from Gansu Wengfu Chemical Co., Ltd. to produce drought resisting stone
and light insulating brick.
Kunming Niumi to launch a microporous membrane
program
Kunming Niumi New
Material Technical Co., Ltd. is to build a new program—"Microporous
Membrane for High-performance Lithium Battery" (the Program) at Qi'lin
area of An'ning Industrial Park, An'ning City, Yunnan Province.
Xingfa Group and
Wengfu Group set up new phosphorus R&D centers
Xingfa
Group and Wengfu Group have both set up new R&D centers, aiming to push the
frontier of China's phosphorus industry technology further by developing new
technologies and solutions to common problems and to promote the comprehensive
utilisation of phosphorus resources.
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