Resources tax reform or boosting fertilizer prices back
Fertilizer industry in 2009 experienced the most sluggish in recent years, one year after the industry looking forward to next year's market. There is a saying in China called the "the situation improves," Perhaps the price of fertilizer in October of this year was the lowest valley, now the price of warming of the global fertilizer market next year, a good sign for the overall smooth recovery.
Optimistic about next year's rebound in the international market
IFA (International Fertilizer Industry Association) has publicly released the 2009-2010 fertilizer market in the short term outlook. After the 2009 recession, chemical fertilizer market is expected to occur in 2010 to restore growth, the global fertilizer consumption will rise by 1%, to 158,000,000 tons. Among them, N Increased by 1.6% P Modest rebound 3% K The further decline of 4.5%. Industry analysis, if the world next year Economy Recovery, then the 2010-2011 global fertilizer demand growth rate of 4.9% will occur. In 2009, the international import demand fell to its lowest level in 30 years, potash market is depressed. 2009 potash production also depressed global demand and a huge arsenal of the major importing countries in serious decline. China's potash imports plummeted, India DAP Sell Strong, United States import demand of urea decreased. In 2009, India became the world's largest urea, potash and DAP imports. IFA 2010 potash trade prospects. Expect the United States, South Asia and Latin America, strong demand for imports of urea and potassium carbonate, urea, diammonium phosphate, and potash demand is expected that the global growth of 5%, 5% and 50%.
Export policy for the enterprise decompression
According to Customs statistics, in July this year, the Guangdong fertilizer exports increased year on year for 5 consecutive months in a double trend, in October exports of 6.4 million tons year maximum from January to November 2009, Guangdong's export of chemical fertilizers 228 000 tons, up 0.7% over the same period last year. December 16, the State Council Tariff Commission formally announced "the implementation of the 2010 tariff program." The program proposed in 2010, China will continue to urea, compound fertilizer, diammonium phosphate fertilizers such as three kinds of implementation of the import tariff quota management, urea, compound fertilizer, diammonium phosphate to the implementation of the provisional allotment rate of 1%; 2010 continue to urea, ammonium phosphate fertilizers such as seasonal imposed export tariffs on fertilizer exports and some other chemical impose special tariffs. However, this slight adjustment of fertilizer exports provisional tax, low season to extend the half, and tentative season fertilizer rate from 10% to 7%. In addition, under domestic and international supply and demand and market price changes and so on, reducing some of the temporary export of chemical fertilizers and raw materials tax.
According to the Ministry of Commerce announced in 2010 the total import tariff quota of chemical fertilizers, can be allocated in 2010 the total tariff quota of chemical fertilizer, respectively: 3.3 million tons of urea, DAP 6.9 million tons, 3.45 million tons fertilizer over a year not changed. It is understood that the cost of domestic urea per ton to 1,460 yuan or so (with gas) and more than 1,500 yuan (coal head). The urea price in international market Natural gas Driven by rising prices have risen, now at 300 dollars per ton less than the price. The industry believes that the short term is very beneficial to the export of urea, the new export policy, China will expand urea production industry to bring good news. The industry believes that the new export tariffs raised the price of fertilizer space, improve the business next year when the fertilizer off-season export initiative, to a certain extent, eased the pressure on fertilizer sales business, as companies in the tariffs and export has been the international market the difference between the game. Optimistic because the international market next year, nitrogen and phosphate fertilizer market to pick up, to the overcapacity of China's nitrogenous fertilizer, phosphate fertilizer business into a powerful stimulant. So, next year the export of nitrogen and phosphorus will further increase.
Potash prices remain rational
Domestic potash fertilizer market is expected next year, a smooth handover, while the international potash production has a surplus of foreign potash export business will strengthen the other hand, the gap will reduce domestic potash fertilizer next year, businesses and traders have been more cautious on the potash purchases. According to foreign sources, Belarus potash export companies eager to sign as soon as possible potash export contracts with China.
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