Find hot news in glyphsoate china monthly report 1307
Find hot news in glyphsoate china monthly report 1401
1. Find Hot News in Glyphsoate China Monthly Report 1401
Tag: Glyphosate,registration, price, volume, export, revenue, profit, operating performance
Summary: Glyphsoate China Monthly Report offers timely update and close follow up of
China’s various kind of Glyphsoate market dynamics.
Published on the 20th every month, Glyphsoate China Monthly Report is a monthly publication
released by CCM. It offers timely update and close follow up of China’s various kind of
Glyphsoate market dynamics, analyze the market data and trends. Major columns include the
latest information and in-depth analysis on market trends, supply and procurement opportunities
in raw materials and intermediates, technology process, price updates, new policies and
company dynamic, etc.
Following are headline news of the latest issue of Glyphsoate China Monthly Report:
Export volume of glyphosate technical increases 44.10% in Nov. 2013
Both the ex-works prices of glyphosate technical and formulations decreased in Nov. 2013,
compared with the previous month, with that of glyphosate technical down by 11.56% and that of
glyphosate formulations down by 1.86% MoM. However, the export volume of glyphosate
technical largely increased by 44.10%.
Outlook of China's glyphosate industry in 2014
The glyphosate industry is expected to remain prosperous in 2014, and glyphosate will continue
to have a dominant role in China's herbicides market. However, the glyphosate industry will face
four important challenges in 2014, namely the increasing costs, the stringent environmental
protection inspection, industrial integration and RMB appreciation.
Ex-work price of glyphosate technical in Jan. 2014 up 4.17% MoM
Generally speaking, there is no much change in the average ex-works prices of glyphosate
products during Dec. 2013 and Jan. 2014. Compared with Dec. 2013, the ex-works price of
glyphosate technical increased by 4.17%, while that of glyphosate formulations did not change.
List of first batch glyphosate manufacturers passing environmental protection inspection
fails to release in 2013
As of the end of 2013, the Ministry of Environmental Protection of the People's Republic of China
has failed to release the first list of that glyphosate and PMIDA manufacturers that have
2. successfully passed the requirements of the environmental protection inspection. However, the
threat of failing these requirements has compelled many mainstream glyphosate manufacturers
to enhance their environmental protection abilities.
Solid glyphosate ammonium salt still the most registered glyphosate product in 2013 in
China
In 2013, China achieved 94 new registrations of glyphosate products. This includes 48 single
formulations of solid glyphosate ammonium salt, accounting for 51% of the total new registrations
in 2013.
Stock performance comparison of Zhejiang Wynca, Nantong Jiangshan and Anhui
Huaxing in 2013
Nantong Jiangshan's stock performed best in 2013 overall, but Zhejiang Wynca's stock NAVPS
was the highest.
Top 8 features of Chinese glyphosate industry in 2013
There were top eight features of Chinese glyphosate industry in 2013. These include the stringent
inspection and monitoring against the glyphosate industry, the glyphosate prices hitting new
peaks, the significant increase in the glyphosate output and export volume, etc.
Review of China's glyphosate industry in 2013
China's glyphosate industry was strictly monitored for environmental pollution in 2013. The
glyphosate market was prosperous in 2013 overall, and basically every glyphosate manufacturer
in China profited in 2013.
Zhejiang Wynca and Zhejiang Jinfanda involved in environmental pollution case
According to a report in the Zhejiang Daily on 10 Dec., 2013, a few workers from Fanbu Chemical
Factory——a subsidiary of Zhejiang Jinfanda Bio-Chemical Co., Ltd., one worker from Jiande
Chemical No. 2 Factory——a branch of Zhejiang Wynca Chemical Industry Group Co., Ltd. and a
number of people from these companies which have a cooperation relationship about hazardous
waste treatment with Fanbu Chemical Factory and Jiande Chemical No. 2 Factory have been
arrested for polluting the environment by the Zhejiang Provincial Public Security Department.
Glyphosate plays important role in Nufarm's strong operating performance for 2013 fiscal
year
Nufarm achieved a great operating performance in the 2013 fiscal year (1 Aug., 2012–31 July,
2013). Its total revenue was USD2.03 billion (AUD2.28 billion) in the 2013 fiscal year, up by 4%
YoY. This was mainly attributed to the stable revenue increase in the crop protection business,
which had an average gross margin of 26% in the 2013 fiscal year. Glyphosate played an
important role for Nufarm's great performance in the 2013 fiscal year.
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