At the end of 2016, has just released the November economic operation of petroleum and chemical industry report shows that the first 11 months of the year in the fertilizer industry total output, exports, industry profits, apparent consumption growth has a different degree of decline, at present, the domestic market supply and demand imbalance is still serious, the overall downturn trend difficult to be improved.
| Magnesium Sulphate |
The report shows that: in November 2016, the national output of chemical fertilizer (pure, the same below) 5 million 939 thousand tons, down 10.2%, a decline of 4.9 percentage points last month to expand. Among them, the urea production of 2 million 316 thousand tons, down 25.2%; phosphate fertilizer production 1 million 682 thousand tons, an increase of 4.5%; fertilizer production 714 thousand tons, an increase of 10.2%. in petroleum and chemical industry exports once again clear growth situation, in November exports of 2 million 332 thousand tons of chemical fertilizer (physical volume, the same below), a year-on-year decline of 30.3%; exports amounted to $560 million, the cumulative decline of 44.5%. the export of 24 million 936 thousand tons, down 20.6%; exports of $5 billion 980 million, a decline of 38.9%. at the same time, fertilizer consumption growth continued to fall.
| Sulfamic acid |
From 1 to November, the apparent consumption of chemical fertilizer (pure, the same below) 60 million 766 thousand tons, an increase of 0.1%, the growth rate to new lows for the year. In November 2016, fertilizer manufacturing industry profits fell 50.7%, narrowed slightly than before October. Among them, nitrogen fertilizer made a net loss of 9 billion 380 million yuan, the amount of loss is still increasing.
| Thiourea |