May 28, 2012

China's fertiliser makers gain US$1.21 billion in January-March 2012

From January to March 2012, the Chinese fertiliser producers reported a  profit of RMB7.65 billion (US$1.21 billion), 2.5% higher on-year, according to  the National Development and Reform Commission.

From January to April China produced 23.46 million tonnes of chemical fertilisers, up 15.3% from the same period of last year, according to the website of the National Development and Reform Commission.

In the period the country's output of nitrogen fertiliser, phosphate fertiliser and potash increased 11.8%, 25.6% and 16.2% on-year, respectively.