International Phosphate Market Overview of the week

On the eve of the important meeting, east of the Suez Canal, buying and selling both wait and see. Quantum and Pakistan Fauji signed 50,000 tons of diammonium orders, the arrival price of less than 360 US dollars / short ton, at the same time, Bangladesh announced its 450,000 tons of diammonium purchase plan. Indian buyers continue to press the international market. West of the Suez Canal, the European chemical sold to Brazil 10,000 tons a ammonium, the arrival price of less than 360 US dollars / short ton, the schedule in June. With the end of the harvest of soybeans, Argentina’s domestic demand began to show, but there is no order transaction. Weekly major manufacturing companies, OCP, PhosAgro, EuroChem announced its quarterly statements, have said that the increase in production but the profit reduction.

Analysis on the trend of the major international phosphate fertilizer market

India: Local IPL company through a trader to reach an order, the arrival price of 358 US dollars / ton in the vicinity of the sailing in June. Another uncertain news that a trader and a large local importers reached 50,000 tons of diammonium orders contract, the arrival price of more than 360 US dollars / short ton, real-time ship. India RCF said it wants to buy 20,000 tons of diammonium / monoammonium, sailing in the 6-7 month.

Argentina: Local demand is still staying at 4-6 million tonnes of major importers in major importers, negotiating prices at $ 370 / short ton.

Brazil: European chemical sold to the local 10,000 tons a ammonium, June sailing, the arrival price of less than 360 US dollars / short ton. Local demand increased, but there is no obvious positive price factors. Suppliers below 360 US dollars / ton of arrival price temporarily no negotiations, Brazil is in a new round of procurement on the eve.

Pakistan: Hong Kong relies on Quantum to reach 50,000 tons of diammonium orders with Fauji in Pakistan. Engro from Merrycorn / Yihua purchase of phosphate fertilizer, shipped in Nantong port.

Bangladesh: Bangladesh Ministry of Agriculture issued 450,000 tons of diammonium, 27.5 tons of copper purchase plan, will be held on May 31 closing. Nominally

China: China’s port diammonium phosphate prices are still stable at 350 US dollars / ton, but the real show, higher than 340 US dollars / short ton price why we accept. India has been under pressure, China’s supply price fell to 350 US dollars / short ton, equivalent to FOB price of 340 US dollars / short ton.

This week the international phosphorus fertilizer prices stable operation. Diammonium China port FOB price of 348-350 US dollars / ton FOB China main port, equivalent to the ex-factory price 2080-2108 yuan / ton. At present, the domestic manufacturers of diammonium phosphate factory price of 2200-2350 yuan / ton, for now, its domestic prices higher than the export price. At $ 360 / short ton, sailing in June. With the end of the harvest near soybeans, Argentina’s domestic demand began to show, but there is no order transaction. Weekly major manufacturing companies, OCP, PhosAgro, EuroChem announced its quarterly statements, have said that the increase in production but the profit reduction.

German specialty chemicals company LANXESS announced on May 19 that it has completed a bottleneck project at the Flame Retardant Plant in Arnold El Dorado, USA.

The project will increase its Emerald Innovation 3000 flame retardant production from 10,000 metric tons / year to 14,000 metric tons / year.

Polystyrene insulation foam manufacturers used HBCD flame retardants, has been used to other similar to the LANXESS Emerald Innovation 3000 sustainable flame retardant. “About 50% of global demand is the new technology,” said Anno Borkowsky, director of the LANXESS Additives Business Unit (ADD). “This division is responsible for the Emerald Innovation 3000, which was acquired by Lanxess in April 2017 The United States when the company began to take over responsible.

Emerald Innovation 3000 is manufactured at LANXESS’s facility in Arnold El Dorado. Recently, a new 11,000-square-foot facility in the southern part of the company will support the development of improved new flame retardants.

The supply side of the environmental impact of the inspection, the focus of chemical industry parked, limited production; the original drug and intermediates supply; preparation market digestion is slow; weak demand to cover the supply of tension; wheat rust outbreak, so that triazole products ushered in the peak Period … … a series of news, all hit in May, the impact of the pesticide market, and to see how the market response?

At present, the domestic market supply demand is still continuing the previous trend: the supply side affected by environmental inspection, Shandong, Jiangsu and other places of the key chemical park are discontinued, limited production, resulting in the overall supply of raw drugs and intermediates, especially part of the product Goods lead to the entire industry chain supply problems frequently; but the current domestic preparation enterprises spare parts, the terminal market to digest more slowly, the preparation of manufacturers to purchase cautious, pay a single year-on-year reduction, demand weakness also overshadowed the supply of tension. However, the recent outbreak of domestic wheat rust, the increase in government procurement orders, making the trend slowly by the downstream attention, the market triazole products ushered in a wave of peak transactions.

The original drug as a whole high consolidation, the market circulation mainly concentrated in the traders and manufacturers pre-factory inventory, some sources of circulation due to the realization of the demand, the price fell; but the manufacturers pre-order orders, not easy to order, offer high

Herbicides, the original price of glyphosate down, glufosinate original drug, fulvoside herb original drug, the original herbicide, the grass and other raw materials are tight supply; maize herbicide is relatively depressed, efficient Fenaprofen elixin by the impact of intermediates out of stock, the market out of stock.

Insecticide, the original supply of the original drug, the original drug by the upstream intermediates out of stock, there are expected, the remaining varieties are more stable.

Fungicide high consolidation, affected by the suspension of Lianyungang, part of the triazole product intermediates out of stock, affecting the downstream production, the remaining varieties of supply is still tight.

This week crude oil prices fluctuated consolidation, triphenyl, propylene series, phenol ketone and so have a callback, acrylonitrile acetonitrile market also appears callback; chlor-alkali industry, liquid alkali, protopine to maintain high prices, liquid chlorine prices low; bromine chemical, phosphorus Chemical and other volatility consolidation, bromine high callback, yellow phosphorus prices stable, fluorine chemical market by the demand for good refrigerant, continue to rise.

The current market is facing environmental inspection, forcing manufacturers to carefully orders, so the market supply is still tight. Although the upstream and downstream supply and demand game, resulting in the market part of the wait and see mood, but in the long run, the market after the completion of low-cost supply digestion, the upstream cost of conduction to the downstream, the market is still king of the spot.

In order to implement the Tianjin municipal government on the sewage pit pit treatment important instructions to do a good job of acid-related, heavy and industrial waste pond special rectification work, crack down on illegal dumping of heavy acid waste water pollution, Tianjin Municipal Environmental Protection Bureau recently held a special study of the deployment of the source control of acid-related heavy metal dumping dumping special action, and has been carried out in the early sewage pits investigation and rectification work to strengthen the deployment.

It is understood that the special action by the district government organizations to implement, establish and implement a good list of four, from the source control of acid-related metal waste water companies and comprehensive investigation and handling of sewage pits work. First, establish a list of sources of pollution. On the city’s acid-related, involved in enterprises and industrial sewage pits to carry out a comprehensive pull network-type investigation, to ensure that the source of pollution and seepage pit pond bottom clear, the situation clear. Second, the establishment of environmental risk list. On the list of pollution sources within the acid, involved in industrial enterprises and industrial sewage pits one by one analysis, to find the problem. Third, the establishment of rectification measures list. For the analysis of the various types of problems, in accordance with strict supervision of a number of penalties rectification of a group, shut down a bite, crack down on a number of “four batches” principle legislation legislation. The establishment of acceptance system, the rectification of the problem to refine the responsibility, the establishment of accounting, supervision and implementation of a case of a sales. Fourth, the establishment of a list of assessment accountability. Strictly implement the village, town, district, city 4 responsibility system, there are any problems backflatter responsibility.

In accordance with the special action to deploy, the acid-related waste metal enterprises involved in the rectification and rectification of the rectification and closure of the work will be completed by May 26; sewage pit pond “one pit case” of the governance program completed by May 20. Tianjin Environmental Protection Bureau composed of five inspectors, the District of special action to inspect the inspectors. The area of ​​the slow progress of the special action will be notified within the scope of Tianjin; in the special action fraud, conceal the omission, promote ineffective or lax enforcement of the unit and the responsible person, the relevant departments shall be held accountable and serious Accountability.

influences

China has nearly 30 million tons of metal magnesium ingot exports each year, due to magnesium oxide easy to oxidize and export a long time reasons, so the vast majority of magnesium ingots need pickling exports. But the acid washing plant wastewater pollution is serious, strict approval, many pickling plants are three no business.

This year, the Beijing-Tianjin-Hebei region strict environmental protection inspectors, the vast majority of pickling plants have been discontinued or banned in the qualified pickling plant put into use before the short term will affect the magnesium ingot exports.

The reserves and production of minerals such as oil and gas, coal, iron, manganese, chromium, copper, molybdenum, gold, antimony, zinc and bauxite are located in the forefront of the world and have great potential resources. Five countries in the field of mineral resources cooperation, to ease the pressure of China’s resources has practical significance. By “take all the way,” the east wind, with everyone inventory of the five countries in the five states of mineral resources and development prospects.

One, five dominant minerals

The five countries in Central Asia are Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, which are located in the hinterland of Asia. After nearly a decade of difficult political and economic reform, the social order has been basically stable and the economy has gradually To achieve the resumption of growth, mining development in which played a pillar role.

1, energy and minerals

Central Asia has a very high proportion of oil, natural gas, coal and uranium resources, especially uranium and natural gas reserves in the world.

Kazakhstan is the Central Asian countries, more complete distribution of energy and mineral resources in the country, especially in Central Asia’s coal resources, mainly in Kazakhstan, proven reserves of about 33.6 billion tons, ranking eighth in the world. There are four coal-bearing basins in the middle of central and northern Kazakhstan, such as Turger, Karaja, Pavlovdale and Yili.

Development space

Kazakhstan in 2007 received a huge foreign investment, coal production increased by 1/3, the current stable production in 110 million tons. Poggutus is the largest coal producer, the company mainly in the Ekibbs Stutz basin mining Pogatuer and Xie Weieru two coal mines. Kazakhstan’s coal is mainly exported to Russia and Ukraine.

2, black metal

The ferrous metal minerals in the five Central Asian countries are dominated by iron, manganese and chromium minerals, with a share of 4.9%, 13.5% and 51. 4% in the world, mainly in Kazakhstan.

Iron ore: Kazakhstan’s iron ore reserves of 8.3 billion tons, ranking fifth in the world. Mainly concentrated in the Togue depression mine area, for the Carboniferous volcanic sedimentary magnetite deposit, grade is low, generally 36% – 45%, larger, Caccare, Sokolov and Saar Thanks to the reserves of more than 100 million tons of reserves.

Manganese ore: Kazakhstan manganese ore reserves of 429 million tons, ranking third in the world. Mainly in Kazakhstan Kazakhstan region. Ore mainly ore and carbonate – silicate – oxidation ore, grade is generally 20% – 25%, less ore.

Chromite: Central Asia to find commodity grade ore reserves of more than 180 million tons, ranking first in the world. Mainly distributed in the northwest of Kazakhstan Aktot state Kempires region, ore grade of 30% – 55%.

3, non-ferrous metals

Central Asia is rich in non-ferrous metals, Central Asia tungsten, molybdenum, copper, zinc, antimony and bauxite and other six mineral reserves in the world occupies a prominent position.

Copper: The copper type in Central Asia includes porphyry copper (gold and molybdenum) deposits, copper-zinc polymetallic volcanic (pyrite) deposits and sedimentary sandstone deposits.

Zinc: Zinc mines are concentrated in the East Kazakh and North Kazakh areas, the main mines include Schalke, Shay Meyer, Gleehoff, Mareyev, Argmyerev, Nikolaev, Austria Erlv, Ji Shen and so on

Bauxite: The bauxite in Kazakhstan is mainly distributed in the tropics and uplift belts of the Togo Basin in Kazakhstan.

Antimony: antimony is the only mine in Tajikistan dominated by minerals in the world, reserves of 50,000 tons, ranking fifth in the world. Mainly in the northwestern part of Tajikistan.

Gold ore: gold in the Central Asian region extensive, important primary gold types are black rock gold, quartz vein gold and porphyry copper and gold. South Tianshan mine mine area of ​​Mu Long sets and Kumtor two super-large black rock gold mine among the world’s top ten gold.

Development space

Copper: Kazakhstan and Uzbekistan have a higher degree of copper development, Kazakhstan Copper is Kazakhstan’s most important copper producer, in Kazakhstan, with 14 underground mining copper and 6 open pit, distribution In Balkhash, Kara Junda, Jaz Katzgan and East Kazakhstan. More than 85% of the country’s refined copper exports abroad, of which 1/3 of China exports, 1/3 exports of Turkey.

Bauxite: Kazakhstan is the main producer of bauxite in Central Asia, Kazakhstan Aluminum Corporation is the country’s most important bauxite producers, the exploitation of bauxite supply to the world’s top ten alumina processing plant One of the Pavlodda alumina plant for processing.

Zinc: Zinc mining is mainly concentrated in Kazakhstan, Kazakhstan Zinc Mine is the main mining lead-zinc mine, followed by Schalke Zinc Mine Company

Gold: In addition to Turkmenistan, the rest of the four countries in Central Asia produce gold.

Second, China’s investment in the five countries need to broaden the thinking

From the rating of mineral protection in China can be seen, China’s major mineral resources, the degree of protection is generally low, especially oil, natural gas, zinc, iron and other large mineral protection is low, the situation is not optimistic. The Central Asian countries are rich in mineral resources, especially energy, iron, manganese, chromium, copper, aluminum and other important minerals, and China has a strong complementary resources.

To strengthen cooperation with Central Asia in the field of mineral resources, to ease the pressure of China’s resources has practical significance. To invest in mining in Central Asia, pay attention to the following aspects:

First of all, although the mining industry is a pillar industry in five countries, but the development of many minerals and resource reserves do not match, development space is very large, should pay close attention to key projects, assess investment risks, seize investment opportunities.

Second, the five countries in Central Asia sparsely populated, processing and manufacturing industry is relatively underdeveloped, most of the export of mineral products abroad. Chinese companies can explore the use of local resources for deep processing of investment.

Moreover, oil and gas and uranium and other energy and mineral resources, although the monopoly of the five state-owned enterprises, but in recent years, Central Asian countries are actively through investment to increase exploration and development efforts. Seeking cooperation with the monopoly of the country concerned may be an effective way to invest.

Finally, in the choice of investment in non-oil and gas mineral resources, should carefully select business partners, while taking into account the project surrounding infrastructure and transportation conditions.