Fertilizer Sales down in November

By CnAgri2012-12-21 10:50:48 Print The fertilizer industry scored a sales value of RMB66 billion and a sale/production ratio of 96.9% in November, up 1.2% but down 1% respectively against the month before, up 17.6% but down 0.02% respectively on the year-on-year basis.
 
Fertilizer sales value totaled RMB666.9 billion and fertilizer sale/production ratio averaged 96.9% in January ~ November, up 18.3% but down 0.47% respectively on the year-on-year basis. Potassium sale/production ratio was 86.2%, lower than that of nitrogen, phosphorus and the compound fertilizer. But potassium sale/production ratio picked up 4.89% in November on the year-on-year basis, above that of nitrogen, phosphorus and compound fertilizer.
 
Specifically, the sales value of nitrogen, phosphorus, potassium and compound fertilizer recorded RMB228.3 billion, RMB69.1 billion, RMB21 billion and RMB285.4 billion respectively in January ~ November, accounting for 34.2%, 10.4%, 3.2% and 42.8% of the total respectively. Compared with the same period of last year, nitrogen’s share dropped 1.8%, but the shares of phosphorus, potassium and compound fertilizer grew 0.7%, 0.2% and 0.3% respectively.
 
Fertilizer sales in Shandong, Hubei and Henan accounted for 40.7% of the nation’s total in January ~ November, parallel to the same period of last year.



From “China Fertilizer Market Weekly Report”