Global and China Fluorite Industry, 2014-2016
Albany, NY (PRWEB) May 26, 2014
China is the uppermost fluorite producing country in the world with fluorite output approximating 4.3 million tons in 2013, accounting for 64% of the world’s total. However, due to the overquick exploration, fluorite reserves in China become increasingly deficient. Thus, the government takes active measures to protect fluorite resources, including execution of fluorite exploration volume limit and industry entry.
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Especially after Ministry of Industry and Information Technology released two batches of production line lists in conformity with Fluorite Industry Access Standards successively in 2012 and 2013, fluorite output in China had presented a downward trend. It is estimated that China’s fluorite output will slip to 2.85 million tons in 2016, proportion thereof down to 44.3% or so of the global total.
Against the background of a predicted decreasing fluorite output, China’s fluorite demand will mainly count on fluorite import and technology of fluorine extraction from phosphate. Fluorite equivalent in phosphate ore (by calcium fluoride) in China reached 265.8 million tons, equal to 11 times current fluorite reserves in China, which provides a sound material basis for China’s fluorite substitution. However, it still takes time to realize large-scale fluorite substitution due to immature production process of fluorine extraction from phosphate.
Multiple fluorite enterprises in the world are strengthening their integration of upstream and downstream industry chain of fluorite resources for achieving higher added value of products, and avoiding unfavorable price influence of fluorite market, etc.
Mexichem is an enterprise with comparatively abundant fluorite resource reverses, fluorite capacity thereof in 2013 reaching at least 1,348 kt/a. Currently, it is devoted to production of Fluoropolymers and Fluoroelastomers with higher added value.
As the second largest acid fluorite producer, Minersa achieves acid fluorite capacity of around 380 kt/a. Via its subsidiary Derivados del Flúor (DDF), Minersa has got through fluorite-fluorine chemical industry chain. DDF is the top producer and distributor of European inorganic fluorides and its products are extensively utilized in areas of refrigerant, air-conditioning system, chemical building, etc.
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Main fluorite manufacturers in China include Centralfluor Industries Group, Inc., Zhejiang Wuyi Shenlong Flotation Co., Ltd., etc., and fluorite capacity of them respectively attains 550 kt/a and 420 kt/a. Whereas, comparatively speaking, China’s fluorite enterprises are big but not strong and poor in downstream industry extension. While enterprises oriented to fluorine chemical industry, such as Sinochem Lantian Co., Ltd., Zhejiang Juhua Co., Ltd., Do-Fluoride Chemicals Co., Ltd., etc., accelerate improving fluorite-fluorine chemical industry chain layout. Taking Do-Fluoride Chemicals Co., Ltd. as an example, despite of the small fluorite capacity of only 55kt/a, the company has completed its “fluorite-lithium hexafluorophosphate-lithium ion battery” industry chain layout and become one of the major suppliers of lithium hexafluorophosphate (capacity of 2,200 t/a) in the world.
Global and China Agricultural Insurance Industry Report, 2013-2014
In 2007-2013, the risk guarantee offered by China’s agricultural insurance rose from RMB112.6 billion to RMB1.4 trillion; a total of RMB76 billion was paid to 143 million peasant households as compensation. In 2013, China recorded agricultural insurance premium income of RMB30.66 billion and paid RMB20.86 billion to 31.77 million affected farmers; 1.1 billion mu of main crops were covered (mu, Chinese unit of area, 1 mu = 1/15 of a hectare), accounting for 45% of the country’s main crops sowing area.
Since the implementation of the trial agricultural insurance (mainly crop farming insurance) premium subsidy policy in 2007, central and local governments have subsidized agricultural insurance more and more. In 2013, the central and local financial subsidies were equivalent to nearly 80% of China's agricultural insurance premium.
In H1 2013, China’s crop farming agricultural insurance premium income reached RMB15.458 billion, accounting for 79.89% of the total agricultural insurance premium income. Among it, the premium income from rice, wheat, corn and cotton amounted to RMB12.63 billion; a total area of 600 million mu was covered.
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China Ceramic Tile Industry Report, 2014-2018
With economic growth, increasing urbanization rate and people's disposable income, the requirement on housing quality and comfort is augmenting, China’s ceramic tile market is also booming, with market scale increasing from RMB131 billion in 2007 to RMB380 billion in 2013, representing a CAGR of 19.4%. However, as the growth of investment in real estate slowed down, China’s ceramic tile market also entered a perod of adjustment. In 2013, the peneratation of ceramci tile consumption for new house decoration in China reached 74.7%, but in 2008 this rate is estimated to drop to 68.5%, with market scale hitting RMB402.1 billion.
Chinese building ceramics enterprises are mainly concentrated in southeast coastal areas and Jiangxi province. With better equipment, strong technical force, excellent quality and high brand awareness, enterprises in these areas attach most importance to the production and sales of medium and high-end building ceramics. Among them, Guangdong and Fujian belong to the traditional production base of building ceramics, while Jiangxi is a significant emerging production base with the influx of a large number of good brands resulting from the transfer of ceramics industry from Guangdong and coastal cities.
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