Headlines
In early July 2020, production costs of yellow phosphorus in Yunnan Province declined further, but quotations scarcely changed as
manufacturers showed strong eagerness to support prices. Consequently, quotations of yellow phosphorus in different regions
maintained stability temporarily.
In early July 2020, prices of MAP and DAP edged up. MAP enterprises received many orders in earlier stage and DAP export
market continued improving. MAP and DAP prices are predicted to remain strong in the short run.
Statistics of China's sulphuric acid industry in 201 9 released by CSAIA showed that domestic sulphuric acid capacity would
continue to be excess in the next four years and sulphuric acid prices may stay at low levels in the long term. CCM believes that the
impact of sulphuric acid on prices of phosphate fertilisers will weaken gradually.
On 28 July, 2020, six provincial departments and 1 6 central enterprises in Guizhou Province visited Guizhou Phosphate Wengfu
Phosphorus Gypsum New Building Material Industrial Park and signed a strategic cooperation framework agreement with Guizhou
Phosphate.
On 1 8 July, 2020, Guizhou Chanhen announced its 2020 semi-annual report. Net profit attributed to shareholders of the listed
company hit USD1 1 .71 million (RMB82.83 million), up by 46.09% YoY.
On 8 July, 2020, Santai Holding revealed its performance estimation in H1 2020. The company expects that it will make up losses
during the reporting period thanks to good operating results of phosphorus chemical business.
On 1 5 July, 2020, Yunnan Yuntianhua announced that it planned to acquire Dawei Ammonia. After this acquisition, the company will
be less dependent on synthetic ammonia purchased from other companies.
On 6 July, 2020, the People's Government of Qiannan Prefecture released the Qiannan Prefecture "3-Phospho" Environmental
Rectification and Supervision Assistance Plan for 2020. Qiannan Prefecture will continue to rectify, supervise and help 59 "3-
Phospho" enterprises within the prefecture in 2020.
MAP and DAP prices in late July 2020 in different regions are shown as the two tables. MAP and DAP prices are predicted to
remain stable in the short term.
In July 2020, market demands for PA increased but only within a limited range. Thus, PA prices mainly maintained stability and are
predicted to scarcely change in the near future.
Table of Contents
Headline
Phosphorus Industry China Monthly Report 202007
Editor's Note
Market Dynamics
Yellow phosphorus prices remain stable temporarily
Ammonium phosphate prices remain strong
Impact of low-price sulphuric acid on phosphate fertiliser industry
Phosphorus ore market remains weak and stable
Yellow phosphorus prices to rise
Guizhou phosphorus gypsum new building material projects to invite investment
Company Dynamics
Guizhou Phosphate signs phosphorus gypsum cooperation agreement
Guizhou Chanhen's net profit grows by 46.09% YoY in H1 2020
Santai Holding turns losses into gains in H1 2020
Yunnan Yuntianhua acquires Dawei Ammonia
Yunnan Yuntianhua expects loss in H1 2020
Phosphorus gypsum project in Weng'an Economic Development Zone
Hubei Sanning's MAP output hits new record high
Three companies in Mabian to develop cooperation in yellow phosphorus projects
Technology
Anhui Liuguo to renovate DAP equipment
Tonglin Sinco to upgrade industrial grade MAP equipment
Political Factors
Qiannan Prefecture continues to rectify "3-Phospho" enterprises
Electricity price reduction policy is sustained
Market Data Analysis
Ammonium phosphate prices in different regions
PA prices mainly keep stable
Import and Export
International trade of phosphate chemicals in May 2020
Price Update
Price monitoring of phosphate chemicals in July 2020
