In the whole phosphorus industry chains both in domestic and abroad, it sees the booming
upstream industry. More and more phosphate enterprises energetically expand upstream industry and improve the structure of its phosphate industry. Integration of phosphorus industry seems inevitable in future. Meanwhile, integration and snatch of phosphorus are also happening in the global. Even under the depressed global economic situation, some of phosphate fertilizer enterprises are still optimistic about the future of phosphorus industry especially for the upstream. It predicts that this condition will last for some time.
Phosphate Fertilizer in China
China loosens export of phosphate fertilizer. In accordance with the new export tariff, China is to loosen the export policy on phosphate fertilizer (including ammonium phosphate (DAP & MAP) and triple superphosphate). The new export tariff will take effect on Jan.1, 2013. In general, both in short run and long run, the loosened export policy is bound to benefit China’s phosphate fertilizer market.In the short term, China’s export tariff adjustment for phosphate fertilizer shored up the confidence of phosphate fertilizer firms and reversed the falling price for phosphate fertilizer. In the long term, China’s phosphate fertilizer firms would be motivated to export DAP and MAP in the high-tariff period of 2013 due to the reduction in cost of export.
India Demand Phosphatic Fertilizer
India, the world's second-biggest wheat, sugarcane and rice producer, is a critical market for fertilizer producers. It is the biggest global phosphate importer and relies completely on foreign potash supplies. Russia the world's second-largest producer of finished phosphate products, is more optimistic. expects India's phosphate imports to hold steady this year, as a favorable monsoon season gives farmers incentive to maximize production with fertilizer.
India cut the subsidies on phosphate fertilizers and potash-based fertilizers in the fiscal year . The subsidy for diammonium phosphate (DAP) has been cut by 14 percent from a year ago to 12,350 rupees per tonne for 2013-2014, and for muriate of potash (MoP) by 21.5 percent to 11,300 rupees per tonne. but also decreased the maximum retail price for farmers. The cut for the second year in a row will limit Indian fertilizer companies' ability to pass on falls in global fertilizer prices to local farmers and thereby stem any rebound in consumption of potash and phosphate based fertilizers which fell by nearly 30 percent last year. The net result is a marginally lower price for farmers and a likely increase in overall . It will also limit India's imports of potash and phosphate. India imports all its potash and also buys about 90 percent of its phosphate fertilizer from abroad.
Phosphate Fertilizer in North Africa
Morocco, home to more than half of the world’s rock phosphate resources. The OCP is Morocco’s largest industrial company which controls more than half the world’s phosphate reserves. The company employs 18,000 people and indirectly supports more than 40,000 jobs across Morocco. It accounts for 3.5% of Morocco’s GDP.
A new $498 million phosphoric acid plant has started operating in the Tunisian. It’s a joint venture between Indian fertilizer maker and Tunisian state-owned enterprises . Indian news reports say the plant will use around 1.4 million tonnes of Tunisian rock phosphate per year, producing 360,000 tonnes of phosphoric acid annually. And neighboring Algeria has now invited Indian companies for undertaking a feasibility study for cooperation in its fertilizer sector. The proposal was reportedly made by a Algerian trade delegation visiting New Delhi. 800 billion tonnes of phosphate reserves remain to be exploited in the country. Algeria also plans to increase its phosphate processing capacity by 5 million tonnes.
Phosphate Fertilizer in China
China loosens export of phosphate fertilizer. In accordance with the new export tariff, China is to loosen the export policy on phosphate fertilizer (including ammonium phosphate (DAP & MAP) and triple superphosphate). The new export tariff will take effect on Jan.1, 2013. In general, both in short run and long run, the loosened export policy is bound to benefit China’s phosphate fertilizer market.In the short term, China’s export tariff adjustment for phosphate fertilizer shored up the confidence of phosphate fertilizer firms and reversed the falling price for phosphate fertilizer. In the long term, China’s phosphate fertilizer firms would be motivated to export DAP and MAP in the high-tariff period of 2013 due to the reduction in cost of export.
India Demand Phosphatic Fertilizer
India, the world's second-biggest wheat, sugarcane and rice producer, is a critical market for fertilizer producers. It is the biggest global phosphate importer and relies completely on foreign potash supplies. Russia the world's second-largest producer of finished phosphate products, is more optimistic. expects India's phosphate imports to hold steady this year, as a favorable monsoon season gives farmers incentive to maximize production with fertilizer.
India cut the subsidies on phosphate fertilizers and potash-based fertilizers in the fiscal year . The subsidy for diammonium phosphate (DAP) has been cut by 14 percent from a year ago to 12,350 rupees per tonne for 2013-2014, and for muriate of potash (MoP) by 21.5 percent to 11,300 rupees per tonne. but also decreased the maximum retail price for farmers. The cut for the second year in a row will limit Indian fertilizer companies' ability to pass on falls in global fertilizer prices to local farmers and thereby stem any rebound in consumption of potash and phosphate based fertilizers which fell by nearly 30 percent last year. The net result is a marginally lower price for farmers and a likely increase in overall . It will also limit India's imports of potash and phosphate. India imports all its potash and also buys about 90 percent of its phosphate fertilizer from abroad.
Phosphate Fertilizer in North Africa
Morocco, home to more than half of the world’s rock phosphate resources. The OCP is Morocco’s largest industrial company which controls more than half the world’s phosphate reserves. The company employs 18,000 people and indirectly supports more than 40,000 jobs across Morocco. It accounts for 3.5% of Morocco’s GDP.
A new $498 million phosphoric acid plant has started operating in the Tunisian. It’s a joint venture between Indian fertilizer maker and Tunisian state-owned enterprises . Indian news reports say the plant will use around 1.4 million tonnes of Tunisian rock phosphate per year, producing 360,000 tonnes of phosphoric acid annually. And neighboring Algeria has now invited Indian companies for undertaking a feasibility study for cooperation in its fertilizer sector. The proposal was reportedly made by a Algerian trade delegation visiting New Delhi. 800 billion tonnes of phosphate reserves remain to be exploited in the country. Algeria also plans to increase its phosphate processing capacity by 5 million tonnes.
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