Hotspot Analysis：Slow Growth of Fertilizer Industry’s Profit

By CnAgri2012-11-09 10:54:18 Print

    The fertilizer industry scored a profit of RMB32.1 billion in January ~ September, an increase of 6% on the year-on-year basis, but the increase rate lagged far behind its sales growth rate of 17.7% achieved in the meantime. The nitrogen industry attained a profit of RMB10.7 billion in this period, and increase of 14.7% on the year-on-year basis. The nitrogen industry contributed to 33.4% of the fertilizer industry’s total profit, 2.6% more than the same period of last year. The phosphorus industry and the potassium industry saw a substantial profit decline.

    The fertilizer industry’s net profit ratio was 6% in January ~ September, down 0.66% on the year-on-year basis. Specifically, the net profit ratio was 5.82% in the nitrogen industry, 3.4% in the phosphorus industry, 31.05% in the potassium industry and 4.42% in the compound fertilizer industry, all below the same period of last year except that of the nitrogen industry.

    314 medium and large fertilizer producers were in the red in September, 14.5% of the total number of medium and large fertilizer producers, 2% more than the same period of last year. 31.47% of the nitrogen producers suffered losses in September. 22.41% of the potassium producers were in the red, a drop of 1.7% on the year-on-year basis. 10.43% of the compound fertilizer producers were in the red, less other industries.


 

From “China Fertilizer Market Weekly Report”