Headlines
In Oct. 2020, prices of yellow phosphorus edged up rapidly in different regions due to tight supplies of spot products in earlier
stage. At the same time, the operating rates of yellow phosphorus industry remained at a high level.
Domestic enterprises gradually start producing compound fertilisers for the winter market, which will increase demands for MAP.
MAP prices are expected to remain stable while showing a tendency to edge up.
As the winter market for storing fertilisers starts and global demands for DAP remain strong, DAP market is predicted to maintain
an upward trend in the short term.
Hubei Xingfa's quarterly report showed that net profit attributed to shareholders of the listed company hit USD53.40 million
(RMB362 million) in Q1 -Q3 2020, up by 20.32% YoY.
Anhui Liuguo received USD1 3.62 million (RMB92.37 million) for its "phosphorus gypsum environmental comprehensive
rectification and green development project" from the central government budget.
On 1 4 Oct., 2020, Hubei Provincial People's Government Official Web released the Hubei Province Three-Year Action Plan for
Strengthening Weak Points in "Ten Major Projects" in Post-pandemic Era (2020-2022) and put forward six measures for
strengthening areas of weakness in relocation and renovation of riverside chemical enterprises.
By the end of 2020, Zhejiang Province will concentrate on shutting down and relocating chemical enterprises in environmental
sensitive areas like urban built-up areas, town populated areas and various protection zones and complete phased recognition of
chemical park zones.
In late Sept., Anhui Province publicised the Recognition Measures for Chemical Park Zones in Anhui Province, which is aimed to
optimise the layout of chemical industrial parks within the province.
Despite the cost support from upstream yellow phosphorus, PA prices are predicted to mainly maintain stability in the short term as
downstream demands remain sluggish. Nevertheless, PA prices in some regions are likely to edge up slightly.
Table of Contents
Headline
Phosphorus Industry China Monthly Report 202010
Editor's Note
Market Dynamics
Yellow phosphorus prices rise
MAP prices to maintain stability while showing tendency to grow
DAP market to maintain upward trend
Utilisation rate of phosphorus gypsum in Guizhou hits 99.2%
Phosphorus ore market remains stable
Phosphorus chemical becomes pillar industry of Fangchenggang ETDZ
Guiyang and Qiannan favor phosphorus chemical industry
Company Dynamics
Hubei Xingfa's net profit in Q1-Q3 rises by 20%
Anhui Liuguo obtains national special funds
Sinochem Fuling's environmental relocation project starts construction
Guizhou Phosphate signs phosphorus gypsum cooperation agreement
Two TCPP enterprises in Taizhou stop production
Santai Holding's phosphorus chemical business improves in Q3 2020
Beidahuang and Wengfu Agricultural Materials sign contract of DAP
Political Factors
Six measures for strengthening weak points in relocation and renovation
Zhejiang to complete phased recognition of chemical park zones
Anhui issues recognition measures for chemical park zones
Technology
Zhongke Mophos's sales revenue of black phosphorus exceeds RMB1 million
Market Data Analysis
PA prices mainly remain stable
Import and Export
International trade of phosphate chemicals in August 2020
Price Update
Price monitoring of phosphate chemicals in Oct. 2020
