CCM's latest market report, the 3rd edition of China's yellow phosphorus, The Future of Yellow Phosphorus in China is published in October 2010. In this updated report, CCM describes the details of current phosphate industry in China, analyzes the manufactures, consumption, price and technology, and provides forecasts and recommendations on it.
China owns the largest capacity and output of yellow phosphorus in the world. In 2009, China's capacity of yellow phosphrus is about double the size of the domestic demand, which suggests overcapacity have emerged as a prominent problem in China's yellow phosphorus industry. However, China has begun to restrict yellow phosphorus export, which aggravates the overcapacity situation.
Since 2009, Chinese government has raised the electricity price for non-residential use. As for the high energy consumption industries, the local government has further restricted electricity supply by banning preferential electricity prices and rigidly enforcing the discriminatory electricity prices. It leads to yellow phosphorus production cost increase to a certain extent
The recovery of economy in the world, especially in China, stimulated the development of yellow phosphorus industry and drove up its operating rate in 2009. In 2010, along with the gradual development after economy recovery, the demand for yellow phosphorus is further stable, and the average operating rate in active producers is higher than that in 2009.
The market report comes out in this situation and mainly focuses on the following points:
- Resource supply of yellow phosphorus in China
- Production situation of yellow phosphorus in China
- Consumption of yellow phosphorus by different aspects
- Forecast on China's yellow phosphorus industry
- Recommendation on current yellow phosphorus industry
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