Research Report of Chinese Glyphosate Industry, 2009
As the biggest manufacturer of the glyphosate in the world, the annual yield capacity of 200 thousand tons, accounting for 30% of the world’s yield capacity, Monsanto closed down a glyphosate production line with the annual yield capacity of 100 thousand tons in 2006 because of the business transformation and the environmental requirements. In the latter half of 2007, the international glyphosate price was up, even to 14 thousand USD per ton, stimulating the construction of new added yield capacity in large scale in China. China has been the biggest glyphosate producing country in the world with the yield capacity of 500 thousand tons. In 2008, the actual yields went beyond 300 thousand tons. It is predicted that the glyphosate yield capacity in China will be over 600 thousand tons and the world’s yield capacity will exceed 900 thousand tons in 2010. The glyphosate produced in China is mainly used to export, under the circumstances of product homogenization; the only choice to release and assimilate the yield capacity is to cut down the price.
From the latter half of 2008, due to the dropping price of international oil price and the deterioration of the expected energy alternative demands with the genetically modified crops as the raw materials, the glyphosate price was reduced sharply. For the demands, 530-thousand-ton glyphosate was run up in 2006 in the world, which kept rising with the growth speed of 7% in recent years. It is predicted the demands will be about 700 thousand tons in 2010. Because of the yield capacity surplus, the price will not increase unseasonably in the next several years.
Owing to the consumption of the storage products and the increased prices of the raw materials, such as yellow phosphorus and aminoacetic acid, in the beginning of 2009, the glyphosate price in Chinese market rebounded. The glyphosate producer price of Zhejiang Wynca Chemical Group Co., Ltd was 30 thousand Yuan (4.37 thousand USD) per ton. The knockdown price from the medium and small dealers in Yangtze River Delta was about 28.5 thousand Yuan (4.16 thousand USD) per ton. It is predicted that the average price of the glyphosate in the whole year of 2009 in China will be about 27 thousand Yuan (3.94 thousand USD) with the acceleration of the operation rate.
It was an important year for the development of Chinese glyphosate industry in 2008. Because the demands for the glyphosate were increased in recent years, the production scale of Chinese enterprises was also enhanced so as to gain more investment profits. However, those enterprises were also affected by the international financial crisis and the reduction in the downstream demands. In the end of 2008, because of the growth storage, many Chinese glyphosate enterprises stopped their projects in process.
In order to drive Chinese economy, Chinese government decided to improve the added value tax rate and the export tax rebate rate of partial commodities. The export tax rebate rate of the glyphosate products was enhanced from 5% to 9%. On 5th February, 2009, CAMEX decided to cut down the anti-dumping tax rate of the glyphosate produced by China from 2.9% to 2.1% for 5-year validity and took effect from 12th February, 2009. The annual sales amounts of the glyphosate in Brazil were 500 million USD and the market potential was huge, which propelled Chinese glyphosate industry.
According to the statistics, over 70 glyphosate enterprises have the registration. In 2008, over 20 enterprises obtained the original glyphosate product registration, exceeding the total amounts in the previous two years. At present, some low-level projects are still shutdown, and partial backward enterprises have been knocked out of the market.
The technically advantageous enterprises in scale grasp the opportunities of the market shuffle and recovery and enter the market quickly. On 28th February, 2009, the ten-thousand-ton original glyphosate technology reform project of Sichuan Huaying Chemicals Co., Ltd was landed in Xinjin with the total investments of 235 million Yuan (34.3 million USD). The whole project is predicted to complete in the end of October, 2009.
Experienced the sharp reduction in the glyphosate price in 2008, many Chinese glyphosate enterprises has intensified the change from original to preparation glyphosate. The domestic giants have extended their business towards the downstream preparation glyphosate.
For medium and long run, the demands for the glyphosate in the international market will be steadily grown with the gradual growth of the international biological energy and the planting areas of the genetically modified crops.
More following information can be obtained in this report:
- Present Development Situation of Chinese Glyphosate Industry
- Yield Capacity of the Glyphosate in China
- Imports and Exports of Chinese Glyphosate
- Major Manufacturers and Their Operations of Chinese Glyphosate Industry
- Production Costs of Chinese Glyphosate
- Development Environments of Chinese Glyphosate Industry
- Production Technology Routes of Chinese Glyphosate Industry
- Development Trends of Chinese Glyphosate Industry
- Influences of International Financial Crisis on Chinese Glyphosate Industry
1 OVERVIEW ON INTERNATIONAL GLYPHOSATE INDUSTRY
1.1 Development Situation of International Glyphosate Industry
1.1.1 Monopolization Patterns
1.1.2 Fast Growth Demands
1.1.3 Summary of International Glyphosate Industry
1.2 Analysis on the Investment in International Glyphosate Industry
1.2.1 Yield Capacity of Major International Glyphosate Enterprises
1.2.2 Investment of International Glyphosate Enterprises in China
1.3 Development Trends of International Glyphosate Industry
1.3.1 Entry Barriers
1.3.2 Technical Development Trends
2 ANALYSES ON THE PRESENT SITUATION OF CHINESE GLYPHOSATE INDUSTRY
2.1 Overview on the Production Situation of Chinese Glyphosate Industry
2.1.1 Analysis on the Yield Capacity
2.1.2 Analysis on the Technical Routes
2.1.3 Analysis on the Existing Problems
2.2 Analysis on the Development Environments of Chinese Glyphosate Industry
2.2.1 Macro-economic Environment
2.2.2 Industry Environment
2.2.3 Environmental Protection
2.3 Analysis on the Imports and Exports of Chinese Glyphosate Industry
2.3.1 Analysis on the Imports
2.3.2 Analysis on the Export Tax Rebate
2.3.3 Major Export Enterprises and the Export Volumes of Chinese Glyphosate, 2008
2.3.4 Analysis on the Anti-dumping
2.4 Analysis on the Industry Chains of Chinese Glyphosate Industry
2.4.1 Compositions
2.4.2 Characteristics
2.4.3 Analysis on the Development of the Major Application Areas of the Glyphosate Deep-processed Products
2.4.4 Position of Glyphosate in the Pesticide Industry Chains
3 ANALYSES ON THE MAJOR PRODUCTION TECHNOLOGIES OF GLYPHOSATE
3.1 Analysis on the Technical Environments of Chinese Glyphosate
3.1.1 Comparisons of the Glyphosate Production Methods at Home and Abroad
3.1.2 Reckoning the Production Costs of the Aminoacetic Acid Method
3.1.3 Reckoning the Production Costs of the Diethanolamine Method
3.1.4 Analysis on the Sensitivity of the Glyphosate to Price and Costs
3.1.5 Present Development Situation and Development Trends of Chinese Glyphosate Production Technologies
3.2 Analysis on the Production Technologies of the Iiminodiacetic Acid Method
3.2.1 Comparisons between the HCN Route and Diethanolamine Route
3.2.2 Supply Situation of the Major Raw Materials for the Production of Glyphosate by HCN Route
3.3 Analysis on the Production Technologies of the Aminoacetic Acid Method
3.4 Choices of the Glyphosate Manufacturing Routes in Chinese Enterprises
3.5 Research on Chinese Glyphosate Projects in Process and the Manufacturing Routes
4 RAW MATERIALS OF CHINESE GLYPHOSATE INDUSTRY
4.1 Supplies and Demands of the Aminoacetic Acid in Chinese Market
4.1.1 Consumption Structures
4.1.2 Supply Capacity of the Major Chinese Aminoacetic Acid Enterprises, 2008
4.1.3 Prediction on the Demands of Aminoacetic Acid for the Glyphosate
4.1.4 Prediction on the Prices of Aminoacetic Acid, 2009-2010
4.2 Supplies and Demands of the Paraformaldehyde in Chinese Market
4.3 Supplies and Demands of the Dimethyl Phosphite in Chinese Market
4.4 Supplies and Demands of the Hydrochloric Acid and Caustic Soda in Chinese Market
4.5 Supplies and Demands of the Diethanolamine in Chinese Market
4.5.1 Consumption Structures
4.5.2 Supply Capacity
4.5.3 Demands of Diethanolamine for the Production of Glyphosate
4.5.4 Prediction on the Prices
4.6 Supplies and Demands of the Ion Film Caustic Soda in Chinese Market
4.7 Supplies and Demands of the Phosphorous Acid in Chinese Market
4.8 Supplies and Demands of the Formaldehyde in Chinese Market
4.9 Analysis on the Major Adjuvant Market for the Production of Glyphosate
5 MAJOR CHINESE GLYPHOSATE MANUFACTURERS
5.1 Zhejiang Wynca Chemical Group Co., Ltd
5.1.1 Company Profiles
5.1.2 Yield Capacity and Technical Routines
5.1.3 Development Strategies
5.2 Nantong Jiangshan Agrochemical & Chemical Limited Liability Co
5.2.1 Company Profiles
5.2.2 Yield Capacity and Technical Routines
5.2.3 Development Strategies
5.3 Jiangsu Yangnong Chemical Co., Ltd
5.3.1 Company Profiles
5.3.2 Yield Capacity and Technical Routines
5.3.3 Development Strategies
5.4 JingMa Chemicals Co., Ltd
5.4.1 Company Profiles
5.4.2 Yield Capacity and Technical Routines
5.4.3 Development Strategies
5.5 Huaxing Chemicals Co., Ltd
6 ANALYSES ON THE INVESTMENT BENEFITS OF CHINESE GLYPHOSATE ENTERPRISES
6.1 Present Investment Situation of Chinese Glyphosate
6.1.1 Cost Compositions
6.1.2 Profit Level
6.2 Investment Perspectives of Chinese Glyphosate Projects in the Future
6.2.1 Investment Opportunities from the Major Entry Barriers
6.2.2 Unsteady Elements for Investment
7 ANALYSES ON THE DEVELOPMENT PERSPECTIVES OF THE GLYPHOSATE MARKET, 2009-2010
7.1 Factors Affecting Chinese Glyphosate Trades
7.1.1 Export Tax Rebate
7.1.2 Means of Export Processing Trade
7.1.3 Exchange Rate of RMB
7.1.4 International Trade Frictions
7.2 Prediction on the Development of Chinese Glyphosate Market, 2009-2010
7.2.1 Prediction on the Price Trends of the Major Raw Materials
7.2.2 Prediction on the Supply Capacity
7.2.3 Prediction on the Consumption
7.3 Influences of International Financial Crisis on Chinese Glyphosate Industry
7.3.1 Short Term Influences
7.3.2 Medium and Long Term Influences
7.4 Prediction on the Development of International Glyphosate Industry, 2009-2010
7.4.1 Prediction on the New Added Yield Capacity
7.4.2 Prediction on the Consumption
Chart Yield Capacity Distribution and Technology Routines of Chinese Glyphosate
Chart Import Volumes of the Glyphosate in China, 2003-2008
Chart Industry Chains of Chinese Glyphosate Industry
Chart Manufacturing Route of the Aminoacetic Acid
Chart Manufacturing Route of the IDA
Chart Comparisons of the Glyphosate Production Methods at Home and Abroad
Chart Reckoning the Production Costs of the Aminoacetic Acid Method
Chart Reckoning the Production Costs of the Diethanolamine Method
Chart Aminoacetic Acid Prices in Chinese Market, 2004-2009
Chart Yields of Paraformaldehyde in China, 2001-2008
Chart Import and Export Volumes of Paraformaldehyde in China, 2001-2008
Chart Prediction Chart on the Price Trends of the Caustic Soda in China
Chart Consumption Structures of the Aminoacetic Acid in China
Chart Yield Capacity of Zhejiang Wynca Chemical Group Co., Ltd during 2004 to 2008 and Expansion Plans in the Future
Chart Gross Profit Rate Comparison Chart of Chinese Major Glyphosate Manufacturers
Chart Major Manufacturers and Yield Capacity Statistics of Chinese IDAN
Chart Manufacturing Route of Chinese IDAN and Proposed Glyphosate Installation Statistics, 2009-2010
Chart Manufacturing Route of Chinese IDAN and Glyphosate Installation in Process Statistics, 2008
