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Following are headline news of the latest issue of Phosphorus Industry China Monthly Report:
International
trade of phosphate chemicals in May 2013
In May 2013,
phosphorus ore, food grade phosphoric acid and POCl3 witnessed significant
changes in their export price, while most phosphate fertilizer of concern saw
sharp declines in both their export volume and price.
Jiangsu Yoke's TCPP & BDP production project
obtains government recordation
Jiangsu Yoke's
TCPP & BDP production project in Yancheng City, Jiangsu Province passed
another milestone when the local government accept its investment application,
bringing the project one step closer to completion.
Chinese phosphate fertilizer industry goes through
a hard time in H1 2013
China's phosphate
fertilizer industry has experienced falling prices and declining export volumes
in the first half of the year.
Hubei Xingfa applies for issuing new debts to
replace maturing debts
Hubei Xingfa
announces it is to issue a round of new medium- and long-term debt instruments
to replace maturing debt.
The US to continue imposing anti-dumping duties on
Chinese sodium hexametaphosphate
The US decides to
continue imposing anti-dumping duties on Chinese sodium hexametaphosphate: The
ruling is unlikely to impact domestic companies.
Half-hydrate wet phosphoric acid technology
innovation in China
On June 15, 2013,
the China Petroleum and Chemical Industry Federation (CPCIF) assessed and
passed the Guizhou Chuanheng Chemical Liability Co., Ltd's New CH Half-Hydrate
Wet Phosphoric Acid Complete Technology Development & Commercial Production
project.
Weakening phosphate fertilizer trade continues
Global trade in
phosphate fertilizer continues to weaken.
Price monitoring of some phosphate chemicals in
June 2013
China's phosphorus
product prices remained weak in June due to depressed market conditions.
Market review of prime phosphate chemical in June
2013
China's phosphorus
chemicals market remained gloomy in June 2013.
Inner Mongolia to develop phosphorus chemical
industry
The Inner Mongolia
Development and Reform Commission (DRC of Inner Mongolia) approved a plan to
develop the phosphorus chemical industry in Darhan Muminggan Joint Banner,
Baotou City, Inner Mongolia Autonomous Region.
Sichuan makes progress on phosphorus resource
exploration
The Land and
Resources Department of Sichuan Province (Sichuan LRD) released results of the
annual geological exploration, which showed that the province's proven reserve
of phosphorus increased by 200,000,000 tonnes in 2012.
Yellow phosphorus to foresee increased risk of
sales stalling
The domestic
phosphate industry will come under continued pressure as demand remains weak
and competition from substitute products intensifies.
No positive note
leave to China's phosphate fertilizer market in June
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