Thailand’s Floods to Disrupt China's Phosphoric Acid Export Volume

The latest issue of Phosphorus Industry China Monthly Report has been published by CCM on November 15, 2011. It indicates that China’s export volume of phosphoric acid will keep declining in the remainder of 2011, due to the flood damage in Thailand.

China has rich resource in phosphoric acid and it exports over 450,000 tonnes of food grade phosphoric acid annually since 2009. Generally speaking, China exports 10% of total export food grade phosphoric acid to Thailand annually. By Sept. 2011, Thailand has purchased 48,598 tonnes of food grade phosphoric acid from China, down by 3.12% compared with that at  the same period of last year.

As China’s second largest importer of food grade phosphoric acid, Thailand imports over 60,000 tonnes of food grade phosphoric acid each year since 2008. The country imported more and more food grade phosphoric acid from China between 2008 and 2011. In 2010, over 95% of Thailand’s total import volume was from China.

However, according to China’s export data, the food grade phosphoric acid exported to Thailand has confronted a serious recession in Sept. 2011, down by 89.17% compared with that at the same period of last year, because of the impact of Thailand’s flood damage.

According to Thai government’s official warnings, it is predicted that the flood will last for at least one month. That means China’s export volume of phosphoric acid will keep declining in the remainder of 2011.

You might discover more details in Phosphorus Industry China Monthly Report 1111 with the following headline news:

-The new Provisional Regulations on Resource Tax doesn't revise the phosphate resource tax in temporary.

-Luxi Chemical innovates production equipment to address the present situation that the grade of phosphorus ore is lowering.

-Recently, Government promulgates a series of schemes to regulate the phosphate rock resource in terms of export and domestic resource utilization.

-The depressed demand of yellow phosphorus hits the price of yellow phosphorus in Oct., 2011.

-Malong Industry transfers its phosphorus chemical business to Yuntianhua.

-Hubei Yihua intends to further strengthen its profitability by expanding the capacity of DAP.

-Shandong Kingenta speeds up the perfection of phosphate fertilizer industry layout nationwide.

-Phosphate fertilizer enterprises are encountering the pressure on sales.

-Zhijin region initiates the construction of another large phosphate industrial base in Oct.

-The total export volume of food grade phosphoric acid in China is to reduce as a result of the flood in Thailand.

-The export volumes of most phosphorus products are decreasing in Sep., 2011.

-The prices of phosphorus products appear a slight cut except phosphorus ore in Oct.

(Guangzhou China, November 16, 2011)

About CCM

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.

CCM International Ltd.
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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_827.html

Thailand's Flooding to Push down China's Export Volume of Phosphoric Acid

In the remainder of 2011, the China's export volume of phosphoric acid is to reduce due to the recent flood in Thailand as estimated, according to CCM’s November issue of Phosphorus Industry China Monthly Report.

At the end of Nov.8th, the impact of flood damage in Thailand has spread to over seven large industrial estates. According to the official warnings, it is predicted that the flood will last for at least one month. This flood is the worst in Thailand in decades that began in July 2011. It is threatening many manufacturing chains which need a long-term to recover.

In accordance with the export data of China, the food grade phosphoric acid exported to Thailand has confronted a serious recession in Sep., decreasing by 89.17% compared with the same period of last year.

Thailand is the second largest importer of food grade phosphoric acid for China. It has imported over 60,000 tonnes of food grade phosphoric acid each year since 2008. During 2008-2011, Thailand imported more and more food grade phosphoric acid from China. In 2010, over 95% of its total import volume was from China.

For China, it has exported over 450,000 tonnes of food grade phosphoric acid annually since 2009. The export food grade phosphoric acid is sold to over 20 countries. And about nearly 50% of that is supplied to the five prime purchasers—South Korea, Thailand, Japan, Indonesia and Taiwan. Overall, the export destination is relatively scattered.

Basically, China exports 10% of total export food grade phosphoric acid to Thailand annually. By Sep. 2011, Thailand has purchased 48,598 tonnes of food grade phosphoric acid from China, decreasing by 3.12% compared with the same period of last year.

According to the past import data of Thailand, it is impossible to achieve this amount in the remainder three months of this year, as the Thailand flooding has hit most of its manufacturing. 

Source: Phosphorus Industry China Monthly Report 1111

http://www.cnchemicals.com/Newsletter/PhosphorusIndustryChinaMonthlyReport.shtml

Content of Phosphorus Industry China Monthly Report 1111:

Phosphorus ore

Policy & Legislation: Resource tax modification excludes phosphorus ore in temporary   

Technology & Application: Low-grade phosphorus ore sees headway in direct utilization 

Policy & Legislation: Government enhances management of phosphate rock resource  

Yellow phosphorus 

Industry Dynamic: Depressed demand hits yellow phosphorus 

Company Dynamic: Malong Industry transfers business to Yuntianhua 

Phosphate Fertilizer

Company Dynamic: Hubei Yihua to strengthen profitability by DAP expansion  

Company Dynamic: Shandong Kingenta continues to expand layout in Yunnan   

Industry Dynamic: Domestic phosphate fertilizer industry calls for loosening export policy    

Fine phosphate chemicals

Company Dynamic: Zhijin fine phosphate chemical project to commence  

Global Insight:  Thailand's flooding to hit China's export volume of phosphoric acid   

Import & export

International trade situation of phosphate chemicals in September

Price Update 

Price monitor of some phosphate chemicals

Phosphorus Industry China Monthly Report, a monthly publication issued by CCM International on 15^th of every month, provides you the latest information on company dynamic, industry dynamic, factors impacting the price fluctuation, technology improvement, supply & demand of China's phosphorus industry.

(Guangzhou China, November 16, 2011)

About CCM

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.

CCM International Ltd.
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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_821.html