2014-04-18 20:35:02 - Phosphorus Industry China Monthly Report 1308 - a new market research report on companiesandmarkets.com
On July 15, the National Bureau of Statistic of China (NBSC) issued the economic data of H1 2013, among which the GDP reached USD4039.2 billion with a YoY growth of 7.6% (calculated at comparable prices), indicating the momentum of domestic economic growth has been slowing down.
China´s phosphorus industry is still struggling in a mire of industry-wide overcapacity and weak downstream demand. As the biggest phosphorus industrial base, Hubei Province is suffering a heavy drought with 81.6% of its counties have encountered stratified drought situation, which greatly enlarges the cost of water and electricity for manufacturers.
Indian´s demand for Chinese phosphate fertilizer may further shrink as the declining Indian rupee dampens importers´ enthusiasm and Saudi Arabia´s enlarging phosphate production is expected
to be enlarged in the next few years, which will undoubtedly squeeze China´s market share in India´s phosphate fertilizer market.
Click for report details: www.companiesandmarkets.com/Market/Chemicals/Market-Research/Pho ..
Browse all Chemicals Market Research Reports www.companiesandmarkets.com/Market/Chemicals/Market-Research?aCo ..
Browse all Chemicals Company Profile Reports www.companiesandmarkets.com/Market/Chemicals/Company-Profile?aCo ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.