After several months of negotiations, India's annual potash fertilizer contract was finally announced on April 4, 2023.

Xinhua news in Beijing, January 4 (reporters Xu Ke, Dong Xue), Foreign ministry spokesman Wang Wenbin said at a regular press conference that Regional Comprehensive Economic Partnership (RCEP) has enabled regional countries to deepen cooperation and increase efficiency, which is a major victory for multilateralism and free trade. China will work with all parties to actively participate in the construction of RCEP mechanism and make positive contributions to regional prosperity and world economic

On 9 Nov., Argentine grain port workers have staged a surprise strike because of poor wage negotiations and other factors, delaying exports by one of the world's largest exporters, the labor union representing the country's grain port workers expressed on Monday.

According to the latest statistics released by the National Customs, China exported 2.43 million tons of chemical fertilizers in August, up 14.1% year-on-year and down 13.8% month-on-month. From January to August, China exported 17.39 million tons of chemical fertilizers, up 26.2% year-on-year. The total export amount was $4.85 billion, up 25% year-on-year.

The International Mining Research Center of Ministry of Natural Resources, the China Geological Survey was established at the 21st China International Mining Conference on 10th Oct., and released the Global Mining Development Report 2019 on the spot. The report is China's first report on the development of the global mining industry.

The 2019 global trade report was released on Wednesday at the headquarters of the World Trade Organization. The report indicated that trade in services has become the most dynamic form of global trade and will play an increasingly important role in the coming decades. The head of the World Trade Organization, Eduardo Azevedo, has called for greater international cooperation to tackle future trade trends.

Recently, the China Petroleum and Chemical Industry Association released industry-wide economic report for July. In July, the economy of the petroleum and chemical industry was stable on the whole. The production of oil, gas and major chemicals in China maintained rapid growth. The growth rate of investment in the industry continued to accelerate, the growth rate of consumption speeded up, exports rose again significantly and the benefit was basically stable. However, downward pressure on the ec

The 2019 China petroleum and chemical industry development index was officially released at the 2019 China Petroleum and Chemical Industry Top 500 enterprises release conference, which was 61.48, indicating that, compared with the previous year, the vast majority of enterprises in the industry are doing well.

Recently potash market at home and abroad depressed, prices continue to decline, the market is light, but the domestic border trade potassium and large contract is still a hot topic of discussion.Generally this time period, potash fertilizer import contract negotiations become the focus of the market, this year due to various reasons have not moved, currently potassium chloride negative factors dominate, market demand is insufficient.So in the context of this depressed fertilizer market, potash

The reverse effect on urea is gradually weakened by the increase of purchasing frequency of compound fertilizer plants. However, with the launch of urea futures, there will be some changes in this way of procurement.

Recently, 2019 China Organic Fertilizer Industry Development Conference was held in Gannan Tibetan Autonomous Prefecture of Gansu Province. More than 300 people in the organic fertilizer industry from all over the country had in-depth exchanges on such hot topics as livestock and poultry waste recycling technology, microbial fertilizer innovation direction, and organic fertilizer policy direction.

Yellow phosphorus as a small variety, the first half of the market trend is similar to previous years, always showing a placidity trading pattern, the price has been maintained at 14,000 ~ 15,000 yuan (ton price, the same below) narrow range.However, a CCTV report in early July injected "chicken blood" into the yellow phosphorus market, and the price jumped in a few days, rising by more than 10,000 yuan.However, insiders believe that due to the lack of positive changes in the demand si

Growth in the global petrochemical industry is slowing sharply.Affected by the trade war, the slowdown of economic growth, the opening of new production capacity and the slowdown of Chinese demand, global industrial development is under considerable pressure.

Data released by the National Bureau of Statistics on July 15 showed that the utilization rate of industrial capacity in the second quarter of 2019 was 76.4%, down 0.4% compared with that on the same period last year, and up 0.5% compared with that on the first quarter. Among them, the oil and gas exploitation industry accounted for 90.9%, up 2.1% year-on-year. The manufacturing of chemical raw materials and chemical products was 74.9%, up 0.1% year-on-year.

The global LNG market has been oversupplied in the past few months, despite rising demand for liquefied natural gas (LNG) from China and rising imports from Europe.

Recently, the 22nd Chinese Chlor-Alkali Forum was held in Xiamen. The meeting pointed out that at present, the steady development of chlor-alkali industry, market changes of caustic soda and the solution of alkali-chlorine contradictions became the focus of attention.

Recently, the composite index of the wholesale price of fertilizer in China fell slightly. On June 24, China's comprehensive index of wholesale fertilizer prices (CFCI) was 2221.98 points, down 5.34 points or 0.24% month-on-month, increased by 51.90 points year-on-year, an increase rate of 2.39%, while down 156.86 points, 6.59%, from the base period.

In April, the economy of China's petroleum and chemical industries was stable.Production of oil, gas and major chemicals was basically stable.Foreign trade and investment maintained growth and consumption grew steadily.But the industry economy downward pressure is still great;Cost is high, benefit drop still is big.