Market and product
Vietnam considers exporting urea, from 2012
VietNamNet Bridge – Vietnam, which once had to rely on urea imports todevelop agriculture, now can satisfy the domestic demand itself. Especially, itis considering exporting urea from this year.
 |
Meanwhile, it is estimated that the demand for urea would be 1.8 million tonsonly in 2012. As such, Vietnam now can not only satisfy its demand, but also hasproducts in excess for export. With the current production capacity, the supplymay be higher by 560,000 tons per annum than the demand.
Meanwhile, analysts have forecast that the domestic urea output would keeprising. The output would exceed the 3 million ton threshold by 2015. The Ha BacFertilizer Plant is expanding the production to increase the capacity from200,000 tons to 500,000 tons by 2015. Meanwhile, Cong Thanh group is alsoconsidering making nitrate from coal dust with its 560,000 ton per annum plantlocated in Tinh Gia district of Thanh Hoa province.
According to FAV, exporting fertilizer is the solution for Vietnamesemanufacturers to ease the competition on the domestic market. However, in theexport markets, Vietnamese products would have to compete fiercely with theproducts from China, Thailand, the Middle East and Russia.
Analysts have pointed out that Africa proves to be a good market for Vietnamesefertilizer exporters. However, there are latent risks on the market, becauseAfrican banks in the countries do not ensure the payment. Therefore, if thegovernment of Vietnam can sign the agreement on payment guaranteeing with theAfrican governments, the exports to the markets would increase very rapidly.
According to FAV’s Secretary General Nguyen Dinh Hac Thuy, the fertilizer pricemuch depends on the coal and gas prices, and the apatite prices as well, becausethese are the input materials for fertilizer production.
Therefore, Thuy has called on the fuel suppliers to apply reasonable policies onfuel prices, and called on the Ministry of Finance to set up reasonable taxpolicies in order to facilitate fertilizer exports.
According to the Ministry of Agriculture and Rural Development MARD, Vietnamwould need some 9.8 million tons of fertilizer of different kinds in 2012. Thisincludes 3.5 million tons of NPK, 2 million tons of urea, 1.8 million tonsphosphate, 950,000 tons of DAP, 920,000 tons of kali and 710,000 tons of SA.
Of these products, Vietnam will be self-sufficient in NPK, phosphate and urea by2012. Meanwhile, as for DAP, the 330,000 ton Dinh Vu DAP Plant in Hai Phong Citycan only satisfy 35 percent of the total demand, while the other 65 percent willstill be fed by imports.
The Vietnam Chemical Group is speeding up the project on building a DAP plant inLao Cai province which has the same capacity with the Dinh Vu’s plant.
As such, after some more years, the DAP imports would decrease significantly.Meanwhile, Vietnam will still to import SA and kali, because no domestic plantcan make these two kinds of products.
Vietnam now has everything needed to make ammoniac, the material for SAproduction. Meanwhile, if the project on exploiting and processing mine salt inLaos is implemented, Vietnam will be able to produce kali for the domesticmarket.
Automation Drives Substantial Transformation at Vinachem
Date 12/06/2026Casumina participates in Rubber & Tyre Vietnam 2026 Exhibition
Date 11/06/2026
