Chinese Glyphosate Industry Analysed by CCM Chemicals in In-demand Monthly Report Published at MarketPublishers.com13 Oct 2015 • by Natalie Aster
LONDON – At the beginning of September 2015, the price for glyphosate TC in China continues to remain steady (deducting exchange fluctuations). During July-September, the average ex-works cost of glyphosate TC remains at the same level. Glyphosate enterprises believe that the price is expected to maintain stable in the forthcoming years and expect to grasp great opportunity from the oncoming market for off-season commercial reserves in winter.
At the same time, at present, distributors are expressing little enthusiasm about the off-season commercial reserves. In terms of supply, Sichuan Hebang is expected to launch 50,000-tonne/year glyphosate TC project. Moreover, in case the market demand grows, enterprises under production suspension are likely to resume production. Meantime, market supply of glyphosate TC is expected to further grow. As for the cost of production, since hazardous chemicals are managed strictly in China, which to some degree increase the logistics costs. Glyphosate's upstream materials like liquid chlorine and yellow phosphorus are also impacted, which increases the production cost of glyphosate. But market demand for glyphosate does not improve significantly. In the short run, the price for glyphosate TC will likely be still affected by a broad range of factors, and which factor is set to determine the price most remains unclear.
Zhejiang Wynca Chemical Group Co., Ltd., Anhui Guangxin Agrochemical Co., Ltd., Sichuan Hebang Biotechnology Co., Ltd., and Hubei Xingfa Chemicals Group Co., Ltd. are some other leading players in the domestic glyphosate market.
In-demand market research report “Glyphosate China Monthly Report 1509” elaborated by CCM Chemicals provides unparalleled insights into the changes that took place in the Chinses glyphosate industry in H1 2015 and during September 2015, as well as a deep understanding of the key factors that have had a bearing on the development of the sector. The research study presents an analysis of prices, examines export volumes and values, gives data on the production cost, reviews the development of new glyphosate formulations, sheds light on the performance of glyphosate manufactures, among others issues.
Glyphosate China Monthly Report 1509
Published: September, 2015
Price: US$ 6,912.00
More market research reports by the publisher can be found at CCM Chemicals page.