Sinofert releases 2013 results

摘要

Sinofert posted a loss for the year 2013 of Renminbi 720mn ($116mn);in 2012 it made a profit of Rmb 920mn.The company blames a broad background of oversupply from other domestic producers in all areas other than potash;it paints a picture of a“sluggish”market increasing capacity with no regard to what other producers are doing.