According to a report released on January 4 by the US phospho-potassium producer Mosaic, its performance in the second fertilizer season has significantly increased due to favorable conditions in the global agricultural environment. At the same time, it is expected that the market will continue to improve in the future and the supply of phosphorus and potash fertilizers will be tight.
According to the report, the company's second fertilizer season ended on November 30 last year, net income reached 1 billion US dollars; potash sales reached 699 million US dollars, an increase of 69% over the same period the previous year, the same period last year was 414 million US dollars; potash fertilizer Sales profit reached 285.2 million U.S. dollars, accounting for 41% of sales, and profit for the same period last year was only 177.9 million U.S. dollars. The operating income of potash fertilizer reached US$251.5 million. This figure for the previous year was US$150.6 million; sales of phosphate fertilizer were US$2 billion, compared with only US$1.3 billion in the same period of last year. Mason said that the increase in operating income was mainly due to the increase in sales prices and output. In 2010, the company sold a total of 3.7 million tons of phosphate fertilizer, with an average selling price of diammonium of US$461 per ton; potash sales of 1.8 million tons, and an average selling price of KCl of US$331 per ton.
According to the report, the global agricultural economic situation was good last year, the market environment kept the demand for fertilizers strong, and the inventory of manufacturers hit a record low, laying the foundation for fertilizer sales. The prices of various agricultural products for cereals, oilseeds, fruits and vegetables have reached historically high levels, which has sent a clear signal to the global planters - in 2011, the planting area should be expanded and more new technologies and fertilizer products should be used.
The huge demand will keep the supply of phosphate fertilizer and potash fertilizer tight until the new production capacity is put into production. Following North American and South American demand after the fertiliser season, US producers reported that there was only 488,000 tonnes of diammonium and monoammonium stockpiles on November 30, and stocks remained at low levels. North American potash producers announced inventory of 1.6 million tons, only half of last year, and 20% lower than the average inventory of the previous three years.
Mason estimates that the global shipment of phosphate fertilizers will rise to 57 million tons in 2010, and this figure will reach 59 million to 61 million tons in 2011. Under the current good market conditions, demand for diammonium in India is expected to increase by 5% from 2010 to 2012. Other major fertilizer markets include North America, Europe and Oceania, and several countries in Asia. Production of agricultural products will increase substantially, driving sales of chemical fertilizers. improve. Global potash shipments increased by 59% in 2010 to 49.7 million tons. In 2011, this figure will increase to 53 million to 56 million tons. Potash demand will increase in all major consumer and import markets, including the United States, Brazil, China, India and other Asian markets. Brazil's potash fertilizer imports in 2011 will increase to 6.5 million to 7 million tons, while China will reach 6 million to 6.5 million tons. India's demand for potash fertilizer will also bring its import volume to a record high, with a number of 6 million to 650. Ten thousand tons.
According to President and CEO of Mason, “The global grain market is continuously demonstrating to growers that fertilizer input is the most effective measure to increase production.â€
According to the report, the company's second fertilizer season ended on November 30 last year, net income reached 1 billion US dollars; potash sales reached 699 million US dollars, an increase of 69% over the same period the previous year, the same period last year was 414 million US dollars; potash fertilizer Sales profit reached 285.2 million U.S. dollars, accounting for 41% of sales, and profit for the same period last year was only 177.9 million U.S. dollars. The operating income of potash fertilizer reached US$251.5 million. This figure for the previous year was US$150.6 million; sales of phosphate fertilizer were US$2 billion, compared with only US$1.3 billion in the same period of last year. Mason said that the increase in operating income was mainly due to the increase in sales prices and output. In 2010, the company sold a total of 3.7 million tons of phosphate fertilizer, with an average selling price of diammonium of US$461 per ton; potash sales of 1.8 million tons, and an average selling price of KCl of US$331 per ton.
According to the report, the global agricultural economic situation was good last year, the market environment kept the demand for fertilizers strong, and the inventory of manufacturers hit a record low, laying the foundation for fertilizer sales. The prices of various agricultural products for cereals, oilseeds, fruits and vegetables have reached historically high levels, which has sent a clear signal to the global planters - in 2011, the planting area should be expanded and more new technologies and fertilizer products should be used.
The huge demand will keep the supply of phosphate fertilizer and potash fertilizer tight until the new production capacity is put into production. Following North American and South American demand after the fertiliser season, US producers reported that there was only 488,000 tonnes of diammonium and monoammonium stockpiles on November 30, and stocks remained at low levels. North American potash producers announced inventory of 1.6 million tons, only half of last year, and 20% lower than the average inventory of the previous three years.
Mason estimates that the global shipment of phosphate fertilizers will rise to 57 million tons in 2010, and this figure will reach 59 million to 61 million tons in 2011. Under the current good market conditions, demand for diammonium in India is expected to increase by 5% from 2010 to 2012. Other major fertilizer markets include North America, Europe and Oceania, and several countries in Asia. Production of agricultural products will increase substantially, driving sales of chemical fertilizers. improve. Global potash shipments increased by 59% in 2010 to 49.7 million tons. In 2011, this figure will increase to 53 million to 56 million tons. Potash demand will increase in all major consumer and import markets, including the United States, Brazil, China, India and other Asian markets. Brazil's potash fertilizer imports in 2011 will increase to 6.5 million to 7 million tons, while China will reach 6 million to 6.5 million tons. India's demand for potash fertilizer will also bring its import volume to a record high, with a number of 6 million to 650. Ten thousand tons.
According to President and CEO of Mason, “The global grain market is continuously demonstrating to growers that fertilizer input is the most effective measure to increase production.â€
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