As the opening year of the “Twelfth Five-Year Planâ€, although nitrogen fertilizer industry has achieved good results in 2011, the industry will also face more challenges under the background of the declining international economic situation. On November 29th, at the Second Session of the Standing Committee of China Nitrogen Fertilizer Industry Association held in Beijing, the delegates believed that structural adjustment and scientific and technological innovation will be the core of China's nitrogen fertilizer industry in the future.
From January to October this year, the country's nitrogen fertilizer production was 32.22 million tons (considerable), an increase of 4.5% year-on-year. The association expects annual domestic nitrogen fertilizer production will reach 38.6 million tons. The overall efficiency of nitrogen fertilizer companies this year is better than last year, but the profit rate is still at a low level. From January to September, the main business income of the nitrogen fertilizer industry was 215.17 billion yuan, an increase of 34.6% from the same period last year; the profit was 9.36 billion yuan, an increase of 350.3% year-on-year, and the sales profit rate was approximately 4.35%. It is expected that the overall industry benefit will decline in the fourth quarter.
"Insist on chemical fertilizers, get out of chemical fertilizers, and get out of a new way of fattening." At the meeting, Li Shousheng, chairman of the China Nitrogen Fertilizer Industry Association, emphasized that. He said that in 2012 the global economy is at a very dangerous juncture. There are also many uncertain and unstable factors in the domestic economy. The domestic demand structure has changed; energy and resource constraints, excess production capacity, and macro-control policies are facing challenges. The focus of the industry's work next year will be on vigorously advancing technological advancement, accelerating industrial restructuring, focusing on energy conservation and emission reduction, and innovating agrochemical services.
Zhang Rong, secretary-general of the Nitrogen Fertilizer Association, said in an analysis of the urea market this winter and next spring, according to this year's production situation, it is estimated that the domestic urea market supply will be 30.81 million tons from October 2011 to April 2012, and the total domestic demand for urea will be 31.65 million tons. Combined with the China Association of Agricultural Assets Circulation, the end-September supply of social carryover stocks was 5.38 million tons. The total supply of urea was slightly higher than the same period of last year. It is expected that the supply and demand of urea will be basically balanced this winter and next spring. She believes that the tight supply of natural gas, the high price of coal, the change in export tariffs next year, the impact of short-term funding on light reserves, and the impact of urea price trends on downstream operating rates will be major factors affecting the market.
Despite the current crisis in the domestic nitrogen fertilizer industry, Tan Fuyuan, chairman of Jiangsu Linggu Chemical Co., Ltd., believes this is both a challenge and an opportunity. "Regardless of how the country's macroeconomic policies change, the key to development is still the company itself. Continuously strengthening its own management, promoting technological progress, and improving market competitiveness can only be invincible."
After the meeting, the reporter interviewed Zhang Rong, secretary general of the Nitrogen Fertilizer Association, about the electricity price adjustment policy just announced. She said: “Since December 1, the national average selling price will increase by 3 cents per unit, which will increase the cost per ton of urea production by 30. ~40 yuan will play a role in supporting the price of urea, but some companies may stop production due to losses. The Nitrogen Fertilizer Association will pay close attention to changes in the operating rate to more accurately assess the impact of this adjustment policy."
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