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No large-scale petrochemical project to be built in Gulf area

According to Arab Times on November 22th, an independent analyst from oil industry in Kuwait predicted that no large-scale petrochemical projects would be built in Gulf area.

11-25-2015 17:46:47

Costing standard of greenhouse gas emission for chemical industry

Not too long ago, China Standardization Administration approved and delivered 11 national standards.

11-25-2015 17:37:21

Global petrochemical layoff broke through 250,000

According to Dow Jones on November 20th, a company located in Huston has tracked layoff of oil and gas industries since oil price moved up.

11-25-2015 17:20:48

VAT stirs domestic potash fertilizer market

On August 28th, the Ministry of Finance and the State Administration of Taxation jointly delivered a policy: fertilizer produced or stored by general taxpayers would be charged 3% of value-added tax before September 1st, which is available from September 1st, 2015 to June 30th, 2016.

10-14-2015 17:42:22

Tianjin plans for zero growth of fertilizer utilization in 2020

Fertilizer is the “grain” for grain, which however has been used excessively. According to statistics, in 2013, China fertilizer output reached 70.37 million mt. Consumption of crops was averaged at 21.9 kg/mu (1 mu is approximately equal to 0.067 hectare).

10-14-2015 17:41:55

DAP price might drop for winter reserve

From the end of September, demand for autumn has rounded off. Merchants have transferred their eyes to the demand for winter fertilizer reserve. However, insiders presented feedbacks that DAP price would go down.

10-12-2015 17:52:39

Bidding invitation challenges China urea market

After the bidding invitation from India was delivered, low prices occurred in individual areas though prices were about the same. Prices from the Middle East were especially low, posing huge challenge upon China urea market.

10-12-2015 17:51:58

A cold winter for China urea industry

China urea market stepped into a downward channel since the beginning of H2 2015. JYD urea index has tumbled from 1,743 in June to 1,485 on October 10th, down by 14.80%.

10-12-2015 17:50:55

2004-2016 China fertilizer commercial reserve in slack season

The system of fertilizer commercial reserve in slack season is built in 2004. Nearly 40 companies firstly won the bidding of the first batch of 6.05 million mt of fertilizer in December 2014.

09-24-2015 15:09:04

The 24th fertilizer industrial conference focused on energy conservation

The 24th Annual Conference of China Coal Chemical, Fertilizer,Methanol Industrial Development and Technology was held during September 15th-16th in Shanxi.

09-24-2015 15:08:26

Bubble growth of potash price results from VAT

Currently, potash market has witnessed a round of price growth, which however is resulted from the restored taxation of value-added tax. The consumption of potash fertilizer has come into a slack season.

09-24-2015 15:07:57

Decreasing run rates upon postponed autumn seeding and harvesting

According to JYD, the current run rate of compound fertilizer production is staying at 54%, down by 10 percentage points than early September, which is estimated to go down further later.

09-24-2015 15:07:20

Petrochemical industry will promote “One Belt One Road”

At present, domestic petrochemical industry has come into a new stage featured by structural adjustment, industrial upgrading, and green development. Petrochemical industry is a key area for China’s international capacity cooperation.

09-21-2015 09:28:34

Fertilizer price has not hit the bottom

This year, fertilizer price presents an upward trend generally with wide rises. However, fertilizer price is now staying at the bottom level. Set the peak price of fertilizer this year as a benchmark.

09-21-2015 09:26:23

Reinstatement of VAT bulled urea price repeatedly

China urea industry has been largely influenced by multiple factors. Based on basic supply and demand pattern in China, prices will reflect short-term ups and downs at any time when international bidding invitation, domestic policies or even extreme weather changed.

09-08-2015 15:21:33

Mixed period between challenges and strategies for China fertilizer industry

The increasingly fierce competition faced by China fertilizer market lays huge challenges for the industry.

09-08-2015 15:20:29

Chinese currency devaluation limited international potash fertilizer trade

Based on seasonal condition and currency devaluation among various countries, potash fertilizer market in the eastern hemisphere remains falt.

09-08-2015 15:19:19

Water soluble fertilizers of different prices vary in qualities

Spreads between different water soluble fertilizers is remarkably wide. Some kind of water soluble fertilizer costs CNY6,000/mt while some costs as much as CNY10,000/mt or even over CNY20,000/mt.

09-06-2015 17:57:53

How will “military parade blue” affect liquid ammonia industry?

A military parade for the 70th V-day anniversary of anti-fascist war was held on September 3rd.

09-06-2015 17:57:04

Currency value plus VAT restoration shock China urea market

When value-added taxation restoration was still fresh news, the devaluation of Chinese currency pushed up domestic urea price in ports by CNY60-80/mt within 3 days. Price in Shandong ports rose to CNY1,620-1,640/mt.

08-27-2015 17:57:40

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