Zhengzhou Tianrui grain science and technology limited company of aluminum fluoride factory price 7500 yuan / ton, the actual transaction price is flexible, the monthly output of up to 1000 tons / month, inventory, shipment.

The main is to increase efforts to reform state-owned enterprises, vigorously implement the innovation driven development strategy, comprehensively promote the system, mechanism, technology, management, market, business model innovation, as soon as possible to achieve new results in important areas and key links of reform of state-owned enterprises, the central enterprises to cultivate multiplier factor for sustained growth “”

To do “division”

The main reason is to promote the central enterprises to further lower the efficiency, improve the operation quality and efficiency; reduce the asset liability ratio, reduce financial expenses; create high returns, high value-added, high technology content and profitable business advantage project, improve labor productivity and the rate of return on capital.

The capacity, in accordance with the requirements, from the beginning of 2016 in 5 years, the central enterprises Yajian steel and coal existing capacity of about 15%, for about two years of existing capacity Yajian 10%. On this basis, the major iron and steel, coal enterprises do bigger and better development of coal enterprises, optimize the allocation of resources, other central enterprises involved in coal coal industry exit principle. At the same time, increase the zombie companies to clean up the exit efforts for three years to basically complete the zombie companies disposal task, focus on the completion of 345 households with “zombie companies” standards of large and medium-sized central enterprises clean exit.

In the deleveraging, in recent years, the central enterprises accounts receivable, inventory 15% above scale compression point scale compression 8%, the concentration of funds increased from 57% to 70%. At the same time, and strive to achieve the efficiency of more than 100 billion yuan, through the efforts of the central enterprises losses of poor enterprises decreased by 20% per year, the loss reduced by 50%.

You can believe that, through the integrated use of “deepening the central enterprises add, subtract, multiply and divide by the supply side structural reform, the central enterprises vitality, competitiveness and ability to resist the market risk will significantly enhance the quality and efficiency will be significantly improved.

The central economic work conference, continue to deepen the structural reform of the supply side will become the main theme of economic work in 2017. The next step will focus on how enterprises in production and deleveraging and other aspects?

Ji Xiaonan: to promote the supply side structural reform of central enterprises, must take measures to comprehensive measures, precise force, comprehensive use of “four rules, add, subtract, multiply and divide” to enhance the quality and benefit as soon as possible, to reverse the total profit growth slow.

Actively do addition”

Mainly is the key industry based on the relationship between national security and national economy and important areas, accelerate the development of new technologies, new products, new formats, bigger and stronger strategic emerging industries, and actively cultivate new growth (310328, fund), the central enterprises to expand the development of new space, at the same time, seize the favorable opportunity of the global layout.

Take the initiative to do subtraction”

The main is to support and promote the merger and reorganization of central enterprises, the survival of the fittest, increase the loss of corporate governance efforts, actively revitalize the stock; reduce excess production capacity, and defuse the risk of overcapacity; disposal of poor corporate and zombie companies, non core assets disposal management and corporate inefficient; Yajian level, to achieve fitness and health; to further reduce the SASAC central enterprises the specific management of central enterprises, stimulate the vitality and power.

To do the multiplication”

urea prices rebounded strongly, the market continued to be expected. Domestic urea prices began to fall into the channel since the second half of 2012, in August this year, urea prices fell below 1200 yuan / ton.

After the raw materials in the upstream coal prices rose rapidly under the impetus of urea prices rose to 1500 yuan / ton. The recent industry continued to affect the low operating rate and low stock market, when coal prices stabilize, urea prices from the previous cost push up demand led to rising prices for switching. As of December 27th, the price of urea market in most areas of Shandong, Jiangsu, Hunan, Hubei, Sichuan and Guangdong has risen to 1700 yuan / ton.

Long term, industry losses policy to promote the capacity to continue to deepen, the production pattern is expected to reconstruct. Due to the rising price of coal, gas and other preferential policies for cancellation of fertilizer production of electricity, and the production cost of urea significantly improved, the current price is only a small profit enterprises, small and medium capacity large area closed exit. At the same time, the supply side policy reform deepening, Chinese nitrogen fertilizer industry association to develop “13th Five-Year” during the return of 13 million tons of urea production target. In the industry losses, the promotion of policies and environmental pressure, to capacity is expected to accelerate the industry supply and demand will be greatly improved. Coal water slurry technology also has the technology and cost advantage is expected to become the future mainstream production technology.

The short term, the industry is expected to maintain a low operating rate, with the spring peak demand season, the supply gap, will probably push up the price of the birth rate of urea, structural market. This year the cost of urea long-term price and the market upside down to continue to reduce operating rate. The second half of the environmental protection policy has started to accelerate the decline rate of hypertension. At present, the industry operating rate of less than 50%, the monthly output of less than 4 million tons. At the same time starts to show the structural differentiation, the advantages of enterprises to maintain high operating rates, and backward production capacity limit production shutdown. We believe that the trade deficit and environmental pressures continue under the low operating rate is expected to remain. According to estimates of the spring season (2-5 months) monthly demand of about 5 million 800 thousand tons, there is a big gap in supply, will probably push up the price of urea rate. The fixed bed head and process cost judgment, we expect the price of urea will be at least up to 1800 yuan / ton, optimism is expected to 2000 yuan / ton. In addition, with the cancellation of export tariffs of urea, the export market is expected to pick up next year.

The global agrochemical group integration tide or will usher in a new case of giant corporate takeover. According to the Bayer Group’s official website for the latest news, the U.S. seed giant Monsanto (105.2, -0.49, -0.46%) announced a special meeting of shareholders of the company Monsanto held on December 13th, shareholders approved a wholly owned subsidiary of Monsanto and Bayer Limited by Share Ltd’s merger. According to the merger agreement, Monsanto shareholders will receive $128 in cash per share acquisition delivery, the total transaction value of $66 billion.

Bayer is a global biopharmaceutical company based in germany. Once the acquisition is completed, the new company will become the world’s largest supplier of genetically modified seeds and agricultural chemicals manufacturers. The acquisition will also become the largest overseas investment by German companies so far.
In support of Monsanto, Bayer has now submitted various filing documents. Expected to be completed by the end of 2017 delivery.
“We believe this merger can help growers and agricultural industry at present and in the future will face more challenge, this is the power of our acquisition of monsanto.” Bayer CEO Werner Baumann said, “we look forward to the completion of the transaction, in close cooperation with Monsanto, ensure the success of integration.”

Since 2015, the global agricultural industry to accelerate the integration of. In December 2015, DuPont and Dow merger. In February 2016, Chinese chemical announced a $43 billion acquisition of Swiss company Syngenta conversion (79.32, -0.21, -0.26%).