2012/13 Annual Disposal of Chemical Fertilizer Storage

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According to the National Development and Reform Commission, the Department of Economic Affairs of the National Development and Reform Commission and the Ministry of Finance and Economics Development Division signed a 2012/2013 annual off-season commercial reserve agreement for fertilizers in Beijing with the State's light-storage chemical fertilizer storage enterprises on September 26. The signed light-duty fertiliser task volume is 15.3 million tons (another special reserve of 700,000 tons of phosphate fertilizer is under reserve). At this point, the 2012/2013 annual off-season commercial reserve has been fully deployed.

Of the companies that signed the agreement on lighter storage of fertilizers, 41.5% were in circulation, 14.6% in production, and 43.9% were in the combination of production and distribution companies. Each storage enterprise will start the new year of fertilizer storage and storage.

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