Fertilizer Imports in May in China

By CnAgri2012-07-03 14:54:48 Print

China imported 627,000 MT MOP in May at a price of $465/MT (CIF), up over 100% and up 3% respectively over the month before, down 20.7% but up 16.6% respectively on the year-on-year basis. MOP imports totaled 2.88 million MT in January ~ May, an increase of 20% on the year-on-year basis.

Of the MOP imports in May, 39% came from Canada, 21.3% from Russia, 20.6% from Israel and 17.2% from Jordan. MOP imports by border trade registered 133,000 MT in May and 970,000 MT in January ~ May, accounting for 21.2% and 33.8% of the nation’s total respectively. MOP imports via Qingdao totaled 603,000 MT in January ~ May, ranking the port No. 1 among ports of MOP imports in China this year.

SOP imports were 18,000 MT in May, 123.6% more than the month before and 26.3% more than the same period of last year. SOP imports totaled 65,000 MT in January ~ May, an increase of 13.5% on the year-on-year basis.

NPK imports registered 159,000 MT in May and 605,000 MT in January ~ May, up 4 times and 52.4% respectively on the year-on-year basis. NPK import price was $573/MT (CIF) in May, up 4.6% over the month before and up 14.7% on the year-on-year basis.

From "China Fertilizer Market Weekly Report"