Table of Contents:
1 Analysis on Main Raw Material of Nitrogenous Fertilizer -- Natural Gas ........................................4
1.1 Natural Gas Output in China .......................................................................................................4
1.2 West-to-East Gas Transfer Project..............................................................................................5
1.3 Discovery of Sichuan Natural Gas ..............................................................................................6
1.4 Possibility to Find More Gas Fields .............................................................................................6
1.5 International Natural Gas Price Trend .........................................................................................7
2 China Fertilizer Market.........................................................................................................................8
2.1 Fertilizer Market Demand............................................................................................................8
2.2 Prices of Agricultural Products Increase, and Fertilizer Consumption Increases.........................9
2.3 Fertilizer Industry Policy ............................................................................................................10
2.4 Change of Industry and Agriculture Development and Competition Layout .............................. 11
3 Forecast on Urea Fertilizer Industry in 2007-2015........................................................................... 11
3.1 Global Urea Fertilizer Industry...................................................................................................13
3.2 Development of China Urea Fertilizer Industry..........................................................................16
3.3 Price of Urea Fertilizer in 2007-2008.........................................................................................16
4 Phosphorus Fertilizer and Potassium Fertilizer Industries............................................................20
4.1 Influence of Export Tariff and High Sulfuric Acid Price on Phosphorus Fertilizer Industry .........20
4.2 Demand of Potassium Fertilizer ................................................................................................21

Chart Index:
China Oil and Natural Gas Output.....................................................................................................4
West-to-East Gas Transfer and Sichuan-to-East Gas Transfer.........................................................5
Natural Gas Price Trend in US Gulf of Mexico ..................................................................................7
Factors Influencing Fertilizer Demand during the 11th and 12th Five-Year Plan Periods..................8
Fertilizer Industry Output and Demand during the 11th and 12th Five-Year Plan Periods.................9
Global Output and Demand of Fertilizer..........................................................................................13
International Urea Fertilizer Price....................................................................................................14
Estimated Distribution of Global Urea Fertilizer Demand................................................................15
Estimated Distribution of Global Urea Fertilizer Output Capacity....................................................15
Factory Price of Urea Fertilizer in China .........................................................................................17
Price Comparison between Urea Fertilizer and Smokeless Coal in China......................................17
Price Comparison between Urea Fertilizer and Natural Gas in China.............................................18
Income and Gross Profit of Gas-First Urea Fertilizer Enterprises ...................................................19
Factory Price of DAP in Anhui .........................................................................................................20
Factory Price of Sulfuric Acid in Anhui.............................................................................................21
Factory Price of Potassium Chloride (60% Crystal) of Salt Lake Potash.........................................22
FOB Price of Potassium Chloride in Vancouver ..............................................................................22
Domestic and FOB price of Potassium Chloride in North America..................................................23
Inventory of Potassium Fertilizer in North America..........................................................................23