Fertilizer Industry’s Investment in January ~ May

By CnAgri2013-07-29 11:34:23 Print The fertilizer industry poured RMB49.348 billion into its fixed asset construction in January ~ May, including RMB11.27 billion in the nitrogen industry, RMB2.387 billion in the phosphorus industry, RMB3.546 billion in the potassium industry and RMB17.08 billion in the compound fertilizer industry, up 22.42%, down 1.83%, down 38.78%, up 224.55% and up 46.96% respectively on the year-on-year basis.
 
1,077 projects were under construction in January ~ May, an increase of 11.72% on the year-on-year basis. But nitrogen and phosphorus projects decreased 15.58% and 48.89% respectively on the year-on-year basis.
 
Fertilizer projects kicked off in January ~ May numbered 567, an increase of 13.86% on the year-on-year basis. Of the total, 61 were nitrogen projects, 18 phosphorus projects and 16 potassium projects, 3.17% less, 62.5% less but 33.33% more than the same period of last year respectively.
 
The average sum of investment per project was RMB45.82 million in January ~ May, up 9.58% on the year-on-year basis.





From “China Fertilizer Market Weekly Report”