Investment in Fertilizer Industry in Jan. ~ Oct. 2013

By CnAgri2013-12-18 09:29:45 Print The fertilizer industry poured RMB138.34 billion into its fixed asset construction in Jan. ~ Oct., an increase of 19.2% on the year-on-year basis, accounting for 37% of planned investment. In Jan. ~ Oct.,  respectively 3.52 billion yuan, 5.58 billion yuan, 7.17 billion yuan and 46.33 billion yuan was invested in nitrogen fertilizer, phosphate, potash and compound fertilizer industry, up 5.1%, -36.3%, 51.1% and 36.3% respectively YOY.
　　　
1,706 projects were under construction in Jan. ~ Oct., up 10.2% YOY, of which,  nitrogen fertilizer projects were 206, phosphate projects, 91 and potash projects, 91, down 9.3%, 33.1% but up 15.4% YOY respectively. of which 1,282 were kicked off in Jan. ~ Oct., 126 were nitrogen projects, 60, phosphate projects, 37, potash projects and 456, compound fertilizer projects, with growth rate of -8.7%, -32.6%, 5.7% and18.4% respectively.
　　　
 The average sum of investment per project was RMB75.06 million, a growth of 8.1% on the year-on-year basis. The investment for per nitrogen, phosphate, potash and compound fertilizer project was 171.04 million yuan, 61.37 million yuan, 119.47 million yuan and 72.97 million yuan respectively, a growth of 15.8%, -4.8%, 30.9% and 16.1% respectively.





From “China Fertilizer Market Weekly Report”