Investment in Fertilizer Industry in Jan. ~ Nov. 2013

By CnAgri2014-01-22 09:12:07 Print

The fertilizer industry poured RMB153.73 billion into its fixed asset construction in Jan. ~ Nov., an increase of 17% on the year-on-year basis, accounting for 40% of planned investment. In Jan. ~ Nov.,  respectively 38.1 billion yuan, 6.93 billion yuan, 7.38 billion yuan and 52.39 billion yuan was invested in nitrogen fertilizer, phosphate, potash and compound fertilizer industry, up 1.1%, -32.6%, 48.2% and 33.6% respectively YOY.

1,990 projects were under construction in Jan. ~ Nov., up 12.1% YOY, of which,  nitrogen fertilizer projects were 221, phosphate projects, 104 and potash projects, 62, down 6.8%, 31.6% but up 10.7% YOY respectively. of which 1,428 were kicked off in Jan. ~ Nov., up 11.7% YOY.  142 were nitrogen projects, 72, phosphate projects, 39, potash projects and 504, compound fertilizer projects, with growth rate of -5.3%, -30.8%, 0% and20.3% respectively.
 
 The average sum of investment per project was RMB77.25 million, a growth of 4.4% on the year-on-year basis. The investment for per nitrogen, phosphate, potash and compound fertilizer project was 172.4 million yuan, 66.65 million yuan, 119.07 million yuan and 76.49 million yuan respectively, a growth of 8.4%, -1.5%, 33.8% and 11.8% respectively.