中国磷化工月报

Welcome to CCM's new issue of Phosphorus Industry China Monthly Report in Nov. 2012.

In Oct. 2012, China’s phosphate fertilizer market was in a fragile state, with sluggish demand in the remainder of 2012 as estimated. In the meantime, China’s phosphorus ore market was dragged down by gloomy phosphate fertilizer market. Relatively speaking, China’s yellow phosphorus and other phosphate chemical market seems to be more promising in the following months.

Apart from China’s depressed phosphorus market, the overall macro economy of China saw a marked pickup this Oct. According to data from National Bureau of Statistics of China & General Administration of Customs of the People's Republic of China, China’s multiple macro-economic indicators began to rebound, like investment, consumption, price of commodities, industrial added value, etc.

In addition, China is about to enter a new era due to the change of political leaders in 2012, which will generate certain non-foreseeability for China market.

Average exchange rate in Oct. 2012, USD:RMB=1:6.31