#NetiziensVoice #Analysis
Let’s talk about the Beirut explosion. It’s only a small talk with some interesting information, please read it if you’re interested, otherwise, please feel free to skip it.
(5 Aug) According to BBC, officials reported that the explosion at Beirut’s port is most likely linked to a large amount of ammonium nitrate stored for six years in one of the port’s warehouse.
//Around a decade ago, ammonium nitrate was still somewhat profitable, but it has been declining year after year... Because of the overcapacity.
//Who push the market to excess capacity? China... the situation was so bad that even their own people discussed and warned them
//CCP does not encourage people to farm at all; they prefer demolishing and bulldozing good lands to build buildings, for better prices.
//Rather than storing the ammonium nitrate in China, we might as well treat them as a favor, half-gifted, half-sold. It doesn't matter if the buyer doesn't have the money, Bank of China could be the syndicated loan guarantee
//China began its massive export orders... 2014-2015 were the good years, soon foreign warehouses are full and they were telling China not to send out fertilizer anymore.
//why would a country, and even the capital city Beirut, need to store 2,750 tons of ammonium nitrate fertilizer into its port warehouse
//why we, the ordinary citizens, need to keep an eye on politicians... just like the epidemic, if you don't care about politics, politics will come and kill you.
Full translation:
https://telegra.ph/Lets-talk-about-the-Beirut-explosion-Its-only-a-small-talk-with-some-interesting-information-please-read-it-if-youre-interested--08-12
Source: Facebook
Reference: China Export Ammonium Nitrate 2002 - 2020 (CEIC), China's Ammonium Nitrate Exports up in July 2015
Translated by: Hong Kong Echo
#China #Tianjin #Explosions #Fertilizer #Yuntianhua #AmmoniumNitrate #Xi #Beirut #Lebanon #OneBeltOneRoad
Let’s talk about the Beirut explosion. It’s only a small talk with some interesting information, please read it if you’re interested, otherwise, please feel free to skip it.
(5 Aug) According to BBC, officials reported that the explosion at Beirut’s port is most likely linked to a large amount of ammonium nitrate stored for six years in one of the port’s warehouse.
//Around a decade ago, ammonium nitrate was still somewhat profitable, but it has been declining year after year... Because of the overcapacity.
//Who push the market to excess capacity? China... the situation was so bad that even their own people discussed and warned them
//CCP does not encourage people to farm at all; they prefer demolishing and bulldozing good lands to build buildings, for better prices.
//Rather than storing the ammonium nitrate in China, we might as well treat them as a favor, half-gifted, half-sold. It doesn't matter if the buyer doesn't have the money, Bank of China could be the syndicated loan guarantee
//China began its massive export orders... 2014-2015 were the good years, soon foreign warehouses are full and they were telling China not to send out fertilizer anymore.
//why would a country, and even the capital city Beirut, need to store 2,750 tons of ammonium nitrate fertilizer into its port warehouse
//why we, the ordinary citizens, need to keep an eye on politicians... just like the epidemic, if you don't care about politics, politics will come and kill you.
Full translation:
https://telegra.ph/Lets-talk-about-the-Beirut-explosion-Its-only-a-small-talk-with-some-interesting-information-please-read-it-if-youre-interested--08-12
Source: Facebook
Reference: China Export Ammonium Nitrate 2002 - 2020 (CEIC), China's Ammonium Nitrate Exports up in July 2015
Translated by: Hong Kong Echo
#China #Tianjin #Explosions #Fertilizer #Yuntianhua #AmmoniumNitrate #Xi #Beirut #Lebanon #OneBeltOneRoad
Telegraph
Let’s talk about the Beirut explosion. It’s only a small talk with some interesting information, please read it if you’re interested…
#NetiziensVoice #Analysis