Welcome to the Sept. Issue of Phosphorus Industry China Monthly Report.
This report will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire phosphorus industry chain, from raw materials to end consumption.
Here is the Editor's Note for you to know about the Sept. issue specifically:
China's phosphorus chemical market was relatively prosperous in Sept. with the prices of several products edging up. In late Aug., the National Bureau of Statistics announced that domestic phosphate fertiliser outputs kept declining during Jan. and July and the overall production fell by 4.67% YoY. In mid-Sept., the US government imposed a 10% tariff on USD200 billion of commodities from China, covering some phosphorus chemicals and curbing the export.
Yunnan Yuntianhua Co., Ltd. disclosed the transfer of its second-tier subsidiary and the establishment of a new spin-off, which imply its intention to concentrate on the fertiliser business.
Market dynamics of phosphorus chemicals in Sept. 2018
Phosphorus ore: The prices remained stable and showed a tendency to increase. Most manufacturers kept production to fulfill previous orders, while factories in some regions, with limited inventories, hesitated to sell products, so the actual transaction prices edged up.
Yellow phosphorus: The prices stopped falling from the end of Aug. and kept increasing this month. In early Sept., the supply was tight due to producers' unwillingness to sell products, while downstream customers started purchasing more for storage before the National Day Holiday. Therefore, the undersupply boosted yellow phosphorus prices.
Phosphoric acid: Slight increase in the prices was seen in Sept. because of rising prices of yellow phosphorus. The operating rates of phosphoric acid companies kept steady but accepted fewer new orders as downstream demands increased.
STPP: The prices slightly rose in Sept. Sodium carbonate prices scarcely changed, while yellow phosphorus price rise supported STPP prices. Moreover, the operating rates of STPP factories edged down.
MAP: Sept. witnessed an upward trend of domestic MAP prices, a result of high raw materials and manufacturers' hesitation to receive new orders.
DAP: The DAP prices also slightly increased in Sept. supported by raw material prices. Additionally, few transaction were made in the market because companies had overseas orders that could not be fulfilled before the end of this month and some domestic clients requested more products for autumn storage.
Phosphorus Industry China Monthly Report is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.
Table of Contents
Column 1 Market Dynamics
- Brief analysis of China's phosphate fertiliser market in Sept. 2018
- Influence of Sino-US trade dispute
- 13th National Gypsum Technology Conference
- Hongyuan Phosphorus Mine in abeyance
- Fertiliser output down in H1
Column 2 Company Dynamics
- Hubei Jixing to expand fine phosphorus chemical capacity
- Yunnan Yuntianhua restructures
- Anan Chemical to build fine phosphorus chemical project
- YPC's phosphate gypsum project launched
- Yidu Xingfa to technically rectify MAP production
- Jiangsu Chengxing's H1 financials down
- Hubei Yihua gains profit in H1 2018
- Kingenta's subsidiary fined for environmental issues
- Sichuan Hongda's H1 net profit down
Column 3 Political Factors
- Hubei investigates phosphorus chemical industry development
- Central Eco-protection Supervision Office set up
- Jiangsu issues industrial restructuring catalogue
Column 4 Technology
- Hubei Sanning: phosphate gypsum utilisation project passes final check
Column 5 Market Data Analysis
- China's yellow phosphorus price increases in Sept. 2018
- China's STPP price edges up in Sept. 2018
Column 6 Import & Export
- International trade of yellow phosphorus in July 2018
Column 7 Price Update
- Price monitoring of phosphate chemicals in Sept. 2018