Overview:

Changes in the nitrogenous and potash markets were as follows in 2010:
(1) Chinese N-fertilizers output was lower than that in 2009 under the function of domestic N-fertilizers output surplus and energy saving; K-fertilizers output continued to increase thanks to the full operating.
(2) Due to the excess capacity of domestic N-fertilizers, urea and the low season export tariffs, the enterprises actively digested the inventory and the urea export volume increased largely; meanwhile, K-fertilizer import volume rose substantially and recovered to the previous levels, which assured supply-demand safety of domest K-fertilizer.
(3) The domestic fertilizer demand increased slightly, of which, urea direct demand rose smally; but K-fertilizers consumption directly used for agriculture drops slightly, more K-fertilizers were directly used for compound fertilizers production.
(4) Influenced by high prices of raw materials, the production cost of urea, SOP, etc, increased compared with 2009.

In this report, our team will analyze the changes features of N-fertilizer and K-fertilizer in 2010 according to the policies related to fertilizer industry, supply-demand, trade and the prices of upstream products (Eg; sulfur, coal, Synthetic Ammonia), and then analyze supply-demand, consumption, trade, enterprises distribution, production costs and market prices of the major fertilizer varieties in 2010; at last, our team will analyze supply-demand of fertilizers and forecast market changes in 2011 according to supply-demand balance sheet of N-fertilizer, urea and P-fertilizer.

Clear views, detailed and accurate data will be shown in this report as a reference for related subjects of the market.

Part One: Related Policies Analysis of 2010 China’s Fertilizer Industry
1.1 Import and Export Policies Largely Affect Fertilizer Import and Export Volume
1.2 N-Fertilizer Output Lower Than 2009 Due to Larger Energy Saving and Emission Reduction Policy Efforts
1.3 Changes in Upstream and Downstream Industry Policies of Fertilizer and Their Effects on Fertilizer Industry
1.3.1 Coal Resources Integration Impacts Little on Fertilizer Industry
1.3.2 Natural Gas Pricing Mechanism is Gradually Formed, which influence Fertilizer Structure
1.3.3 Subsidy Policies for Agricultural Materials Promote Farmers to Increase Fertilizer Input Costs

Part Two: Market Analysis on Upstream Products of 2010 China’s Fertilizer
2.1 China’s Coal and Natural Gas Market
2.1.1 China’s Energy Structure
2.1.2 China’s Anthracite Market
2.1.2.1 An Increase in Anthracite Demand for Fertilizer
2.1.2.2 Anthracite Prices Stable with Some Growth
2.1.3 Gradual Increase in Prices of Natural Gas for Fertilizer
2.2 Synthetic Synthetic Ammonia Market
2.2.1 Synthetic Synthetic Ammonia Output Lower Than 2009
2.2.2 Major Producing Province (Shandong, Henan, etc) of China’s Synthetic Ammonia
2.2.3 Synthetic Ammonia Import and Export
2.2.3.1 Synthetic Ammonia Import Volume Increases Largely
2.2.3.2 Synthetic Ammonia Exports Little
2.2.4 Synthetic Ammonia Prices Increase with Some Growth
2.3 Sulfur and Sulfuric Acid Market
2.3.1 Sulfuric Acid Output Higher than 2009
2.3.2 Sulfuric Acid Production Area Concentration
2.3.3 Sulfur Imports Lower than in 2009
2.3.4 Sulfur Prices Continually Increase

Part Three: China’s N-Fertilizer Market Analysis and Forecast in 2010-2011
3.1 China’s N-Fertilizer Production
3.1.1 N-fertilizer Output Lower than 2009 Influenced by Energy Saving and Emission Reduction, etc.
3.1.2 Urea Output Lower than 2009 Influenced by Energy Saving and Emission Reduction, etc.
3.1.3 Scattered Distribution Region of China’s Urea
3.1.4 New Added Urea Capacity of 12 Million MT
3.1.5 2010 Urea Cost and Profit
3.1.5.1 Urea Cost and Profit Using Coal as a Raw Material
3.1.5.2 Urea Cost and Profit Using Natural Gas as a Raw Material
3.2 China’s N-Fertilizer Consumption
3.2.1 N-Fertilizer Consumption Directly for Agriculture Slightly Increases Year-On-Year
3.2.2 Urea Consumption Directly for Agriculture Slightly Increases Year-On-Year
3.2.3 Urea Consumption Directly for Agriculture Slightly Decreases Year-On-Year
3.3 2010 China’s N-Fertilizer Trade
3.3.1 Urea Trade
3.3.1.1 Urea Import Volume Reduces
3.3.1.2 China as a Net Urea Exporter
3.3.2 Ammonium Chloride Trade
3.3.2.1 Ammonium Chloride Import Volume Small
3.3.2.2 Ammonium Chloride Export Volume Increase Largely
3.3.3 Ammonium Sulphate Trade
3.3.3.1 Ammonium Sulphate Import Volume Small
3.3.3.2 Ammonium Sulphate Export Volume Higher than 2009
3.4 2010 N-fertilizer Market Prices Changes and 2011 Market Forecast
3.4.1 Urea Prices Stable with Some Growth
3.4.2 Ammonium Carbonate Prices Rise Slowly
3.4.3 Ammonium Chloride Prices Fall Slightly
3.4.4 Ammonium Sulfate Prices Stable
3.5 2011 N-fertilizer Supply-Demand Analysis and Market Forecast
3.5.1 2011 Output and Demand Both Continue to Increase
3.5.2 2011 Output, Demand and Prices Continue to Move up

Part Four: China’s K-Fertilizer Market Analysis and Forecast in 2010-2011
4.1 China’s K-Fertilizer Production
4.1.1 K-Fertilizer Output Increases
4.1.2 Qinghai Potash Fertilizer Production Accounts for More 75% of Total National Output
4.1.3 Little New Added K-Fertilizer Capacity
4.1.4 2010 SOP Cost and Profit
4.2 China’s K-Fertilizer Consumption
4.2.1 K-Fertilizer Consumption Directly for Agriculture Decreases
4.2.2 MOP Consumption Directly for Agriculture Drops Year on Year
4.3 2010 China’s K-Fertilizer Trade
4.3.1 MOP Trade
4.3.1.1 MOP Import Volume Increases Largely from 2009
4.3.1.2 MOP Exports Only 80,000 MT
4.3.2 SOP Trade
4.3.2.1 China as a Net SOP Importer
4.3.2.2 Exports 700 MT
4.4 2010 K-fertilizer Market Prices Changes and 2011 Market Forecast
4.4.1 Domestic MOP Prices Increase with Some Growth, Import Potash Prices Rise after Falling
4.4.2 SOP Prices Increase with Some Growth
4.5 K-Fertilizer Output to Increase, Pirce to Stable in 2011

Figure Contents:
Fig.1, 2009 China’s Energy Structure
Fig.2, China’s Anthracite Prices, 2007-2010
Fig.3, Changes in China’s Synthetic Ammonia Output, 2000-2010
Fig.4, China’s Synthetic Ammonia Output Proportion by Province, 2008-2010
Fig.5, China’s Synthetic Ammonia Import Volume, 2006-2010
Fig.6, China’s Synthetic Ammonia CIF by Month, 2008-2010
Fig.7, China’s Synthetic Ammonia Export Volume, 2006-2010
Fig.8, China’s Synthetic Ammonia Factory Prices by Region, 2008-2010
Fig.9, Changes in China’s Sulfuric Acid Output, 2000-2010
Fig.10, China’s Sulfuric Acid Output Proportion by Province, 2007-2010
Fig.11, China’s Sulfur Import Volume, 2006-2010
Fig.12, China’s Sulfur CIF by month, 2008-2010
Fig.13, Factory Prices of China’s Solid and Liquid Sulfur, 2007-2010
Fig.14, Changes in China’s N-Fertilizer Output, 2002-2010
Fig.15, China’s N-Fertilizer Output Proportion by Province in the Last 3 Years
Fig.16, Changes in China’s Urea Output, 2002-2010
Fig.17, China’s Urea Output Proportion by Province in the Last 3 Years
Fig.18, Map for China’s Major Urea Enterprises Distribution by Capacity
Fig.19, Map for China’s Major Urea Enterprises Distribution by Area
Fig.20, Average Urea Production Cost Using Coal as a Raw Material, 2008-2010
Fig.21, 2009 N-Fertilizer Direct Consumption for Agriculture by Province
Fig.22, 2009 N-Fertilizer Direct Consumption for Agriculture by Crop i
Fig.23, China’s Urea Consumption, 2002-2010
Fig.24, Changes in China’s Urea Direct Consumption for Agriculture and Complex Fertilizer Industry, 2002-2010
Fig.25, 2009 Urea Direct Consumption by Province
Fig.26, 2009 Urea Direct Consumption by Crops
Fig.27, 2009 ABC Direct Consumption by Province
Fig.28, 2009 ABC Direct Consumption by Crops
Fig.29, Changes in China’s Urea Import Volume, 2000-2010
Fig.30, China’s Urea Export Volume, 2000-2010
Fig.31, China’s Urea FOB by Month, 2007-2010
Fig.32, Changes in China’s Urea Export by Country of Destination, 2007-2010
Fig.33, Changes in China’s Urea Export by Customs, 2007-2010
Fig.34, China’s Ammonium Chloride Import Volume, 2000-2010
Fig.35, China’s Ammonium Chloride Export Volume, 2000-2010
Fig.36, China’s Ammonium Chloride FOB by Month, 2008-2010
Fig.37, China’s Ammonium Sulphate Import Volume, 2000-2010
Fig.38, China’s Ammonium Sulphate Export Volume, 2000-2010
Fig.39, China’s Ammonium Sulphate FOB by Month, 2008-2010
Fig.40, Wholesale Prices of Urea in Hubei and in the Whole Country, 2007-2010
Fig.41, Factory Prices of ABC in Major Provinces, 2008-2010
Fig.42, Average Factory Prices of Ammonium Chloride in the Whole Country, 2007-2010
Fig.43, Factory Prices of Ammonium Sulphate in the Whole Country, 2007-2010
Fig.44, China’s K-Fertilizer Output, 2002-2010
Fig.45, China’s K-Fertilizer Output Proportion by Province in the Last 3 Years
Fig.46, Map of China’s Major K-Fertilizer Enterprises Distribution by Capacity
Fig.47, Map of China’s Major K-Fertilizer Enterprises Distribution by Region
Fig.48, Average SOP Production Costs in China, 2008-2010
Fig.49, 2009 K-Fertilizer Direct Consumption by Province
Fig.50, 2009 K-Fertilizer Direct Consumption by Crops
Fig.51, 2009 MOP Direct Consumption by Province
Fig.52, 2009 MOP Direct Consumption by Crops
Fig.53, China’s MOP Import Volume, 2000-2010
Fig.54, China’s MOP CIF by Month, 2008-2010
Fig.55, Changes in China’s MOP Import Volume by Original Country, 2007-2010
Fig.56, Changes in China’s MOP Import by Customs, 2007-2010
Fig.57, China’s MOP Export Volume, 2000-2010
Fig.58, China’s SOP Import Volume, 2000-2010
Fig.59, China’s SOP CIF by Month, 2007-2010
Fig.60, Changes in China’s SOP Import Volume by Original Country, 2007-2010
Fig.61, Changes in China’s SOP Import by Customs, 2007-2010
Fig.62, China’s SOP Export Volume, 2000-2010
Fig.63, Average Factory Prices of Domestic 60% Crystal MOP, 2007-2010
Fig.64, CIF of Russia 60% White Potassium and Red Potassium by Port, 2007-2010
Fig.65, Average Factory Prices of SOP (50% Power and 50% Pellet), 2007-2010

Table Contents:
Table1, China’s Total Energy Production and Structure, 1978-2009
Table2, China’s Synthetic Ammonia Output by Month, 2007-2010
Table3, China’s Synthetic Ammonia Output by Province, 2007-2010
Table4, China’s Synthetic Ammonia Import Volume by Month, 2007-2010
Table5, China’s Synthetic Ammonia Export Volume by Month, 2007-2010
Table6, China’s Sulfuric Acid Output by Month, 2007-2010
Table7, China’s Sulfur Import Volume by Month, 2007-2010
Table8, China’s Phosphate Rock Output by Month, 2007-2010
Table9, China’s Phosphate Rock Output by Province, 2007-2010
Table10, China’s Phosphate Rock Export Volume by Month, 2007-2010
Table11, China’s N-fertilizer Output by Province, 2007-2010
Table12, China’s Urea Output by Province, 2007-2010
Table13, Urea Production Enterprises Distribution by Scale in 2010
Table14, Capacity of China’s Urea Enterprises and Groups in 2010
Table15, Enterprises Situation of Five Bigger Urea Groups
Table16, New Added Urea Enterprises and Capacity in 2010
Table17, China’s Urea Import Volume by Month, 2007-2010
Table18, China’s Urea Import Volume by Original Country, 2007-2010
Table19, China’s Urea Import Volume by Customs, 2007-2010
Table20, China’s Urea Export Volume by Month, 2007-2010
Table21, China’s Urea Export Volume by Country of Destination, 2007-2010
Table22, China’s Urea Export Volume by Customs, 2007-2010
Table23, China’s Ammonium Chloride Import Volume by Month, 2007-2010
Table24, China’s Ammonium Chloride Export Volume by Month, 2007-2010
Table25, China’s Ammonium Sulfate Import Volume by Month, 2007-2010
Table26, China’s Ammonium Sulfate Export Volume by Month, 2007-2010
Table27, China’s N-Fertilizer Supply and Demand Balance, 2000-2011
Table28, China’s Urea Supply and Demand Balance, 2000-2011
Table29, China’s K-Fertilizer Output by Province, 2007-2010
Table30, Capacity of China’s K-Fertilizer Enterprises (Group)
Table31, New Added K-Fertilizer Enterprises and Capacity in 2010
Table32, China’s MOP Import Volume by Month, 2007-2010
Table33, China’s MOP Import Volume by Original Country, 2007-2010
Table34,China’s MOP Import Volume by Customs, 2007-2010
Table35, China’s MOP Export Volume by Month, 2007-2010
Table36, China’s SOP Import Volume by Month, 2007-2010
Table37, China’s SOP Import Volume by Original Country, 2007-2010
Table38, China’s SOP Import Volume by Customs, 2007-2010
Table39, China’s SOP Export Volume by Month, 2007-2010
Table40, China’s Potash Fertilizer Supply and Demand Balance, 2002-2010