Investment in Fertilizer Industry in January ~ June

By CnAgri2013-08-16 14:09:04 Print The fertilizer industry completed fixed asset construction projects involving RMB71.4 billion investment, including RMB17.27 billion in the nitrogen industry, RMB3.25 billion in the phosphorus industry, RMB4.608 billion in the potassium industry and RMB24.3 billion in the compound fertilizer industry, up 21.73%, up 5%, down 45.27%, up 165.64% and up 38.22% respectively on the year-on-year basis.
 
1,207 fertilizer projects were under construction in the first half of this year, an increase of 12.09% on the year-on-year basis. But nitrogen and phosphorus projects decreased 8.64% and 48.15% respectively on the year-on-year basis.
 
Of the projects under construction in January ~ June, 748 were newly kicked off in the period, an increase of 13.68% on the year-on-year basis. While new phosphorus projects decreased 54.69%, organic fertilizer and microorganism fertilizer projects increased 35.81%.
 
The average sum of investment per project was RMB56.22 million in January ~ June, a growth of 8.6% on the year-on-year basis. Per project investment went up 14.93% in the nitrogen industry, 5.54% in the phosphorus industry, 112.51% in the potassium industry and 17.6% in the compound fertilizer industry.




From “China Fertilizer Market Weekly Report”