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Follow on Google News | Export Tariff Curbs Urea and DAP Export in H1 2011China's export tariff adjustments for urea and phosphate fertilizers curb urea and DAP export volume in H1 2011, according to CCM’s first issue of Phosphorus Industry China Monthly Report.
By: Clair Lin In H1 2011, China totally exported 4.75 million tonnes of fertilizers: The enormous contrast is primarily attributed to the export tariff adjustments for urea and DAP/MAP in 2011. To guarantee the supply in domestic market, China's government adjusted the export tariffs of urea and DAP/MAP, having been effective since Jan. 1st, 2011. The new export tariff regulation maintains the tariff rate for urea and DAP/MAP, while it shortens the period of slack season and prolongs the period of peak season for urea and DAP/MAP export. Meanwhile, it turns down the export trigger prices of urea and DAP/MAP. Based on the export tariff, the declining export trigger prices and the raising production cost, as well as RMB appreciation (has appreciated 3.6% from Jan. 1st to Aug. 31st), jointly erode the profits from urea and DAP/MAP export. Many enterprises, especially that without cost advantage (e.g. with own phosphorus resource), even lost in exporting urea and DAP/MAP. As a result, the export of urea and DAP fell in H1 2011. In the rest of 2011, the export volume of urea and DAP is expected to keep downturn, with the raising production cost. (Guangzhou China, September 16, 2011) Source: Phosphorus Industry China Monthly Report http://www.cnchemicals.com/ Content of Phosphorus Industry China Monthly Report 1109: -Phosphorus ore Global Insight: Investment on phosphorus ore upsurging worldwide Industry Dynamic: Phosphorus-fluorine integrated industry emerging in China Company Dynamic: Hubei Yihua strengthens phosphorus ore exploitation -Yellow phosphorus Global Insight: World less depends on China's yellow phosphorus Policy & Legislation: -Phosphate fertilizer Policy & Legislation: Global Insight: Brazil's phosphate fertilizer industry attracts investment Company Dynamic: Shandong Kingenta to develop phosphate chemicals in Weng'An County -Fine phosphate chemicals Company Dynamic: Double Dragons to develop TCP Company Dynamic: Yoke Technology accelerates upstream extension -Import & export International trade situation of phosphate chemicals in July -Price Update Price monitor of some phosphate chemicals in August Phosphorus Industry China Monthly Report, a monthly publication issued by CCM International on 15th of every month, provides you the latest information on company dynamic, industry dynamic, factors impacting the price fluctuation, technology improvement, supply & demand of China's phosphorus industry. About CCM CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com CCM International Ltd. Guangzhou CCM Information Science & Technology Co., Ltd. 17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China # # # CCM is an consulting company located in China, with services like market report, newsletter, database, price monitoring, export/import analysis, conference etc. CCM's foucusing is Agrochemicals market, food ingredients market, fine chemicals market. End
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