IHS Chemical Week

People & Business :: Earnings/Finance

Sinofert posts lower profit; potash cartel collapse expected to benefit China

8:07 AM MDT | August 22, 2013 | Natasha Alperowicz

Sinofert Holdings, China’s largest fertilizer producer and distributor, reported a 35.5% lower profit in the first six months at 352.3 million Chinese renminbi ($57.5 million) hit by lower prices. Revenues were down 9% at Rmb20.6 billion while sales volumes were flat at 9.14 million m.t. Average selling prices were down 9.6%. Sales volumes of domestic fertilizers reached 6.94 million m.t., up 3% compared with the corresponding period of 2012, including a 29% increase in domestic potash and 6% rise in domestic nitrogen.   An industry glut and slowing...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa