Fertilizer Industry’s Performance in January ~ February

By CnAgri2013-05-28 11:37:28 Print China’s fertilizer industry realized a profit of RMB4.384 billion in January ~ February, an increase of 18.5% on the year-on-year basis. The nitrogen industry gained a profit of RMB1.14 billion and the compound fertilizer industry RMB1.6 billion, up 62.8% but down 5% respectively on the year-on-year basis.
 
The fertilizer industry’s net profit ratio averaged 3.55% in January ~ February, up 6.37% on the year-on-year basis. Specifically, net profit ratio was 2.4% in the nitrogen industry, 1.7% in the phosphorus industry, 25.8% in the potassium industry and 3.12% in the compound fertilizer industry. Compared with the same period of last year, the phosphorus industry’s net profit ratio tumbled 44.69%.
 
455 medium and large fertilizer producers, 20% of the total, were in the red at the end of February, including 40.54% of nitrogen producers, 26.38% of phosphorus producers, 29.82% of potassium producers and 8.54% of organic fertilizer and microorganism fertilizer producers.




From “China Fertilizer Market Weekly Report”