Investment into Fertilizer Industry in the First 4 Months

By CnAgri2013-07-22 11:06:02 Print The fertilizer industry completed fixed asset construction projects involving RMB31.82 billion investment during January ~ April, including RMB7.289 billion in the nitrogen industry, RMB1.969 billion in the phosphorus industry, RMB2.065 billion in the potassium industry and RMB10.265 billion in the compound fertilizer industry, up 17.74%, down 6.6%, down 27.97%, up 463.65% and up 32.3% respectively on the year-on-year basis.
 
858 fertilizer projects were under construction in January ~ April, 8.61% more than the same period of last year. Potassium projects increased 66.67% on the year-on-year basis, ranking top among the sub-industries of the fertilizer industry. Phosphorus projects were 50.6% less than the same period of last year, because of sluggish market.
 
380 projects were kicked off in January ~ April, an increase of 10.14% on the year-on-year basis. Phosphorus projects were 12 in all, a collapse of 65.71% on the year-on-year basis. Potassium projects increased 30% and compound fertilizer projects increased 40.78%, compared with the same period of last year.
 
The average sum of investment per project was RMB37.08 million in January ~ April, up 8.41% on the year-on-year basis. The average sum of investment in the potassium industry swelled 238.19% on the year-on-year basis.




From “China Fertilizer Market Weekly Report”