Next year, the development of nitrogen fertilizer industry will lock four key points

In 2013, China's economy is still in a period of promising strategic opportunities. The nitrogen fertilizer industry must meet the needs of agriculture in accelerating adjustments, use export policies to increase exports, and make great efforts to save energy, reduce emissions, and increase efficiency. There is a new increase in efficiency. On December 7th, at the 4th executive meeting of the 5th China Nitrogen Fertilizer Industry Association held in Beijing, Li Shousheng, executive vice president of the China Petroleum and Chemical Industry Federation and chairman of the China Nitrogen Fertilizer Industry Association, worked on the economic operation of the nitrogen fertilizer industry next year. Focus on making the above deployment.

According to reports, in the background of the weak global economy and the slowdown in the growth rate of the domestic economy, the nitrogen fertilizer industry achieved good results in 2012. Both output and main business income have increased substantially, and the industry’s profits have been basically stable. According to the statistics of the National Nitrogen Fertilizer Association, from January to October, the national production of nitrogen fertilizer was 34.454 million tons, a year-on-year growth of 6.6%; the annual nitrogen fertilizer output is expected to reach 41.3 million tons, and the urea production will reach 58 million tons (in kind), which is an increase of 7 percent over the previous year. %, 8.5%. According to statistics from the National Bureau of Statistics, from January to September, the main business income of the nitrogen fertilizer industry was 206.02 billion yuan, an increase of 13.8% year-on-year; the profit was 10.16 billion yuan, a year-on-year increase of 13.8%; the sales margin was 4.93%, an increase of 0.08 percentage points year-on-year. .

Zhang Rong, vice chairman and secretary-general of China Nitrogen Fertilizer Association, pointed out through data analysis that if the urea enterprises can maintain normal production from December this year to April next year, the supply and demand of urea will be basically balanced in the spring of next year. By the second half of the year, as new production capacity is gradually put into operation and production, and agricultural demand is gradually weakening, nitrogen fertilizer will show a clear oversupply. At the same time, as new nitrogen fertilizer projects in the Middle East and other places are put into production, competition in the international market will also be fierce.

Li Shousheng said that although the economic situation at home and abroad is still complex and changeable next year, the world economy has clearly shown signs of stabilization and the foundation for a stable operation of the domestic economy has been further consolidated. Overall, the opportunities are greater than the challenges. The economic operation of the nitrogen fertilizer industry in 2013 should focus on four key areas.

The first is to accelerate the structural adjustment and ensure that the annual demand for agricultural fertilizers is met. ***The requirement of “ensure national food security and effective supply of important agricultural products” will surely mobilize the enthusiasm of farmers for growing grain and developing modern agriculture. The demand for chemical fertilizers will also grow steadily. According to the statistics of the Ministry of Agriculture, the area planted only for winter wheat this year has increased by 1 million mu compared to last year, and the sown area for oil crops has also increased by 1.8 million mu over the previous year. It is expected that the total demand for fertilizers in domestic agriculture in 2013 will reach 63 million tons, and the apparent consumption will increase by about 5%. Among them, the apparent consumption of nitrogen fertilizer is expected to reach 39.5 million tons, an increase of 5%.

The second is to make full use of fertilizer export policies and increase fertilizer exports. It is reported that the fertilizer export policy in 2013 is expected to be introduced this month. The export tariff rate for urea off-season will fall from 7% to 2%, and the export base price is also expected to increase slightly. In addition, the global drought will also benefit fertilizer exports. In 2012, a large area of ​​global agriculture was affected. Maize produced a large number of crops and food prices rose. According to the US Department of Agriculture’s estimate, in the United States in 2012, affected by severe drought, the annual corn production fell by 12%, and soybean production fell by 11.9%, the lowest level since 2006. At the same time, severe drought and high-temperature weather in the Black Sea region have led to a reduction of more than 30% in wheat production in the region, and global wheat production is expected to decline by 4.7% year-on-year. Starting from late July, the prices of corn, soybeans and wheat in the Chicago ** trading market reached record highs respectively. Compared with June, corn prices rose 63%, soybeans rose 33%, and wheat rose 40%. According to the level of global agricultural and food prices, fertilizer exports will usher in opportunities next year. Conditional companies should seize the opportunities, create conditions, and strive for more exports, so that the domestic fertilizer production capacity will have a better play.

The third is to make great efforts in energy saving and emission reduction, and strive to build a new level of ecological civilization. In accordance with the requirements of the Party’s *** to build an ecological civilization and beautiful China, the nitrogen fertilizer industry must not only carry out “energy efficiency leader” activities at a higher level, but also carry out responsible care activities in the entire industry to reduce energy consumption and energy efficiency. Leading players and responsible care activities are organically combined.

The fourth is to make great efforts to reduce costs and increase efficiency, and strive for new economic growth in the year. Driven by market demand, fertilizer prices were at a relatively high price in 2012, and the average ex-factory price of urea was around 2,150 yuan/ton in the year. From January to September, the nitrogen fertilizer industry achieved a profit of 10.16 billion yuan, a year-on-year increase of 13.8%, and the growth rate of profits ranked among the top in the chemical industry. However, the average profit level of the nitrogen fertilizer industry is still relatively low, the loss of the industry is still relatively large, and the company's financial management costs are relatively high. Under the rigid conditions of rising labor costs, every company must do its utmost to improve its ability to "compete in low growth, profit under high costs, innovate in differentiation, and develop in the high end of the industry chain." In the enterprise cost management and capital efficiency management must be improved.