Investment in the Fertilizer Industry in January ~ February

By CnAgri2013-04-26 10:29:50 Print The fertilizer industry completed fixed asset construction projects involving RMB6.459 billion investment in January ~ February, down 22% on the year-on-year basis.
 
Specifically, RMB1.365 billion were poured into the nitrogen industry, RMB674 million into the phosphorus industry, RMB200 million into the potassium industry and RMB1.78 billion into the compound fertilizer industry, down 43.7%, down 7.2%, up 253.8% and up 17.2% respectively on the year-on-year basis.
 
336 fertilizer projects were under construction in January ~ February, of which 47 were wound up and 56 were newly kicked off, 3.2%, 14.5% and 16.4% less than the same period of last year respectively. Of the newly kicked-off projects, 12 were nitrogen projects, 14.3% less than the same period of last year.
 
The average sum of investment per project was RMB19.22 million, up 0.85% on the year-on-year basis. The average scale of investment per project increased 93.43% in the phosphorus industry but slumped 30.58% in the nitrogen industry on the year-on-year basis.



From “China Fertilizer Market Weekly Report”