” Vietnam Economic Times” reported on March 11 , the Vietnamese Ministry of Agriculture and Rural Development , said in 2014 , the Vietnam National Fertilizer demand is about 11 million tons , an increase of 700,000 tons . Among them, the demand is about 2.2 million tons of urea , biological nitrogen (SA) 90 million tons of potash (kali) 96 million tons of diammonium phosphate (DAP) 90 million tons of compound fertilizer (NPK) 400 million tons, 1.8 million tons of phosphate fertilizer .
Reported that Vietnam’s fertilizer production enterprises currently have 500 , the total output of about 800 million tons, 80 percent of the country to meet the demand . Among them, urea, compound fertilizer (NPK) fertilizer production and basically meet the domestic demand. Urea production in 2014 is expected to exceed demand for 400,000 tons . Continue reading
On the eve of India’s opening, the more deserted urea market
With the opening of India approaching, domestic urea market downturn also increasingly deserted, although the manufacturers tried very price stable prices, but less active downstream delivery, new orders have been unsatisfactory, inventory can not be digested, so the market kicked upstairs or next tune still continues. Domestic demand is currently weak, tepid spring market, exports are expected to hopeless, the majority of enterprises to maintain high operating rates at the same time, the continued existence of the contradiction between supply and demand surplus, prices will still decline, they have to refer to the specific tender India volume and price situation is expected to last two days of vulnerable domestic urea market consolidation continues.(Organic chemicals supply)
Ammonia is about to change trade patterns
IHS Chemical recently said that the rapid growth of the North American ammonia production capacity will lead to global trade patterns changed greatly ammonia.
North American shale gas revolution has brought abundant and cheap local gas supply of raw materials, ammonia and nitrogen American industry is again full of new vitality, plant operating rates have increased levels have been idle production capacity has also been restarted, and there are a number of companies announced a new device or devices on existing plans to expand capacity. Louisiana and Iowa some projects already under construction, is expected by 2018 the United States will add more than 500 million tons / year of ammonia production capacity.
The United States is currently the world’s largest importer of ammonia, but with the rapid expansion of the country’s ammonia production capacity, imports will gradually reduce, and in the near future, there may be converted into a net exporter of ammonia.(http://www.lubonchem.com supply)
Ammonia is the main theme of world demand growth
IHS Chemical’s latest report shows that per capita income in Brazil, India and China and other developing countries to increase and flourish structural changes in diet and the United States and Brazil, the biofuels industry is driving the steady growth in global demand for ammonia . But the next few years , global demand growth or ammonia will be the U.S. corn-based bio-fuel production decreased threat. Continue reading
Department sodium phosphate new technology award
Recently, in the 2013 annual meeting of Hubei Province Science and Technology Awards Conference, Hing Fat Group and Wuhan University Engineering Department sodium phosphate jointly developed new technology and industrialization won Hubei Science and Technology Progress Award. Continue reading
Sulfate process titanium dioxide is expected to move towards a comprehensive clean
March 5 , the Guangdong Environmental Protection Equipment Co., Ltd. Xiang Chun , announced by the company’s cooperation with Guangdong Development Co., Ltd. Hui-yun dioxide and dry chemical sludge press , has been cast in the utilization of the benefits of cloud Titanium titanium workshop continuous operation over six months, the single production day moisture 15% to 25 % titanium gypsum 180 t dry material . Titanium dioxide production of sulfuric acid has long plagued the biggest problem – Ti Gypsum pollution solved, sulfuric acid titanium dioxide production is expected to move towards a comprehensive clean . Industry experts believe that this is currently the world’s best dry pressed , the lowest operating costs of sludge treatment equipment , its technical level far beyond Germany and Japan and other countries of similar products. Continue reading
In 2013 the amount of global mining mergers and acquisitions fell 35%
Chile “Mercury News” reported on March 3, according to a survey done by PricewaterhouseCoopers, in 2013 the total amount of global mergers and acquisitions mining industry $ 36 billion, a decrease of 35% compared to last year.
Mining sector decreased the amount of mergers and acquisitions is not by chance that in recent years has shown this trend, in 2011 the peak of the global mining mergers and acquisitions, the total amount reached $ 149 billion. Not only decrease the amount of mergers and acquisitions, the number also decreased from last year decreased from 1803 to 1437 onwards.
Geographically speaking, the number of mergers and acquisitions is higher than the Eastern Hemisphere Western Hemisphere, but the amount of mergers and acquisitions over the Eastern Hemisphere Western Hemisphere. Russia, China and Kazakhstan accounted for 43% of the total amount of mergers and acquisitions, and the United States, Canada and Australia and the number of mergers and acquisitions accounted for 34% of the world.
PricewaterhouseCoopers predicts that in 2014 the global mergers and acquisitions will be slightly optimistic situation, ultra-stable developed economies affected by the mining sector in the coming months will be more active, medium-sized enterprises to become more active in acquiring assets.(http://www.lubonchem.com)
PX industry faces global reorganization
According to IHS Chemical ‘s latest research report “World of paraxylene 2014 analysis ,” said for China purified terephthalic acid (PTA) market a new round of paraxylene (PX) expansion in South Korea in full swing , but the market demand difficult to synchronize the rapid growth, coupled with the Middle East and Southeast Asia will also put some of the new PX production capacity, the world will increase the degree of excess PX . PX industry will face in the future operating rates and margins as well as a new round of restructuring , outdated equipment and less competitive device will have to close . Continue reading
Potassium chloride market bearish mentality growth
Potassium chloride continued steady domestic market, due to the current needs of the general spring, the downstream demand procurement, traders bearish mentality growth. Part of the port sellers providers follow the market, a slight adjustment of the sales price. I heard, though with potassium domestic price increase tariffs rise, but actually getting goods still can negotiate lower room. Potassium needs good supply, remain strong.
Internationally, heard that due to the crisis in Ukraine or Russia will lead to lower exports of potash, potassium chloride prices strong intention, but I think that because China has signed a big contract price, a move no impact on the market of potassium chloride.(http://www.lubonchem.com supply)
Asian phenol prices are expected to continue to rise
Advent season by plant maintenance and major downstream derivatives of bisphenol A (BPA) double impact of rising prices , the Asian phenol spot prices are expected to continue to rise .
According to ICIS data show that as of February 21 for the week , the average price of Chinese imports of phenol rose to $ 1,435 ( t price, the net ; CFR, China ) , than in mid- January prices rose 2.5%. Same period, the market price of benzene phenol main raw material fell by nearly 5 percent , as of February 21 week when the average price was $ 1298.5 (FOB, Korea ) ; another BPA main raw material prices rose 2.7% since mid- January , as February 21 when the average price was $ 1,654 week (CFR, China ) . Continue reading