The fertilizer market, which has maintained its upward trend for more than a year, has basically stabilized in the second half of this year. However, the stability is temporary, and the fertilizer industry will step into another period of industrial restructuring, and the next year will usher in an adjustment peak. This is the conclusion of the fertilizer market and pesticide industry situation analysis conference initiated by the "Agricultural Resources Daily" on August 25th to 26th. The industry leaders, industry experts, and some enterprise representatives from the conference analyzed the fertilizer market.
The Director of the Price Division of the National Development and Reform Commission, Tang Tiejun, said that in the second half of the year, the government guidance price for fertilizer prices will continue to be maintained without adjustment. However, the relevant departments are currently speeding up the research and demonstration of the issue of farmer subsidies after releasing the price. Wang Wenshan, chairman of the Nitrogen and Nitrogen Association’s Large and Medium Nitrogen Branch, also raised the point of view from the perspective of the company. The adjustment of fertilizer policies is the general trend. Only structural adjustment can promote industry progress.
It is understood that from the beginning of last year, there has been a new construction and expansion boom in the domestic nitrogen fertilizer and phosphate compound fertilizer industry. According to incomplete statistics, these new construction and expansion projects will be completed and put into production in the coming years. It is estimated that the nitrogen fertilizer industry will increase production capacity by 3 million to 4 million tons next year, and the increase in the phosphate fertilizer industry will be even greater.
Pan Derun, vice president of the China Petroleum and Chemical Industry Association, reminded the fertilizer industry at the meeting not to overinvest. Gu Zongqin, president of the China Petroleum and Chemical Industry Planning Institute, said: The liberalization of fertilizer prices is a general trend, but industries and companies must properly consider solutions.
At the analysis meeting, the participating experts believed that: China's pesticide industry has also entered the adjustment of industrial structure. The adjustments are mainly reflected in two aspects: First, the steady progress in replacing highly toxic and high-residue pesticides will lead pesticide companies to make large-scale adjustments to existing varieties. Second, foreign pesticide companies will transfer pesticide production to China, which will bring about changes in the industry structure.
It is understood that Chinese pesticide companies have begun to incorporate multinational companies' global production and distribution networks. Currently, most of the world's largest pesticide manufacturers have established production bases in China. Bayer, Syngenta, and DuPont have established 15 pesticide production companies in China with a total investment of more than 100 million U.S. dollars. These companies originally planned to manufacture in China and sell products in China, but with the advantages of Chinese manufacturing costs and changes in the domestic market, these products have been increasingly sold around the world.
The Director of the Price Division of the National Development and Reform Commission, Tang Tiejun, said that in the second half of the year, the government guidance price for fertilizer prices will continue to be maintained without adjustment. However, the relevant departments are currently speeding up the research and demonstration of the issue of farmer subsidies after releasing the price. Wang Wenshan, chairman of the Nitrogen and Nitrogen Association’s Large and Medium Nitrogen Branch, also raised the point of view from the perspective of the company. The adjustment of fertilizer policies is the general trend. Only structural adjustment can promote industry progress.
It is understood that from the beginning of last year, there has been a new construction and expansion boom in the domestic nitrogen fertilizer and phosphate compound fertilizer industry. According to incomplete statistics, these new construction and expansion projects will be completed and put into production in the coming years. It is estimated that the nitrogen fertilizer industry will increase production capacity by 3 million to 4 million tons next year, and the increase in the phosphate fertilizer industry will be even greater.
Pan Derun, vice president of the China Petroleum and Chemical Industry Association, reminded the fertilizer industry at the meeting not to overinvest. Gu Zongqin, president of the China Petroleum and Chemical Industry Planning Institute, said: The liberalization of fertilizer prices is a general trend, but industries and companies must properly consider solutions.
At the analysis meeting, the participating experts believed that: China's pesticide industry has also entered the adjustment of industrial structure. The adjustments are mainly reflected in two aspects: First, the steady progress in replacing highly toxic and high-residue pesticides will lead pesticide companies to make large-scale adjustments to existing varieties. Second, foreign pesticide companies will transfer pesticide production to China, which will bring about changes in the industry structure.
It is understood that Chinese pesticide companies have begun to incorporate multinational companies' global production and distribution networks. Currently, most of the world's largest pesticide manufacturers have established production bases in China. Bayer, Syngenta, and DuPont have established 15 pesticide production companies in China with a total investment of more than 100 million U.S. dollars. These companies originally planned to manufacture in China and sell products in China, but with the advantages of Chinese manufacturing costs and changes in the domestic market, these products have been increasingly sold around the world.
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