Glyphsoate China Monthly Report 1503 (12 issues per year)
On 11-13 March, 2015, the 16th China International Agrochemical & Crop Protection Equipment Exhibition (CAC 2015) was held in Shanghai New International Expo Centre. CCM participated in the exhibition and found that the orders at the exhibition did not match the expectation. Take glyphosate market as an example. Most of China’s glyphosate purchasers held wait-and-see attitude while manufacturers were optimistic about the price trend of glyphosate in the future. This is mainly because the new Environmental Protection Law was implemented and China’s pesticide industry is undergoing big adjustment. On one hand, under the implementation of the new law, enterprises increase inputs in environmental protection, thus the production costs are raised; on the other hand, those enterprises who cannot meet the standards will be eliminated, which reduce part of capacity. In 2015, more and more pesticide enterprises are suspending production and some large-scale ones are seizing the change to expand the capacity. Therefore, the glyphosate market still needs further observation in 2015.
Note: 1. All tables and figures in this issue are calculated by the same RMB/USD exchange rate (USD1=RMB6.1475);
2. Nuances in some data are mainly caused by rounding principle.
HEADLINE
MIIT announced to reject the newly-added pesticide projects of 17 enterprises including Zhejiang Huayuan.
China issued the Catalog of Hazardous Chemicals (2015), which will be implemented on 1 May, 2015. There are 2,828 products listed in the catalog, including some pesticide products such as acetochlor.
Monsanto Fund has been launching charity project in China. Its Monsanto China Green Village Project was settled down in Shandong Lingcheng in March 2015. Monsanto Fund will invest USD200,000 million in constructing the safe drinking water projects in 7 villages such as Hejia Village and Sanlihe Village in Lingcheng and the projects are predicted to finish before the end of Aug. 2015.
In this issue, CCM will introduce the commercial registration status and industrial production permits of China’s eight glyphosate manufacturers with large production capacity of glyphosate technical. They are Sichuan Fuhua, Zhejiang Wynca, Nantong Jiangshan, Hubei Taisheng, Jiangsu Good Harvest-Weien, Zhejiang Jinfanda, Youth Chemical and Hebi Nonglin. Though the commercial registrations of these eight leading glyphosate manufacturers, we can learn about their amount of registered capitals and the difference between their business scopes and so on.
The total A.I. volume (100% glyphosate acid equivalent) of exported glyphosate related products in 2014 was 490,998 tonnes, increasing by 2% over 2013.
In 2014, China totally outputted 3.74 million tonnes of pesticides and exported 1.64 million tonnes; the export volume of pesticide accounted for 43.86% of the output.
On 11-13 March, 2015, CCM learned from CAC 2015 that the current glyphosate market is witnessing predicament. Based on the analysis, in the future, China’s glyphosate market will recover but the prices will not increase greatly.
On 1 Jan., 2015, China regulated the export tax rebate rates of 481 pesticide products, which brings different influences to China’s pesticide industry.
Note: 1. All tables and figures in this issue are calculated by the same RMB/USD exchange rate (USD1=RMB6.1475);
2. Nuances in some data are mainly caused by rounding principle.
HEADLINE
MIIT announced to reject the newly-added pesticide projects of 17 enterprises including Zhejiang Huayuan.
China issued the Catalog of Hazardous Chemicals (2015), which will be implemented on 1 May, 2015. There are 2,828 products listed in the catalog, including some pesticide products such as acetochlor.
Monsanto Fund has been launching charity project in China. Its Monsanto China Green Village Project was settled down in Shandong Lingcheng in March 2015. Monsanto Fund will invest USD200,000 million in constructing the safe drinking water projects in 7 villages such as Hejia Village and Sanlihe Village in Lingcheng and the projects are predicted to finish before the end of Aug. 2015.
In this issue, CCM will introduce the commercial registration status and industrial production permits of China’s eight glyphosate manufacturers with large production capacity of glyphosate technical. They are Sichuan Fuhua, Zhejiang Wynca, Nantong Jiangshan, Hubei Taisheng, Jiangsu Good Harvest-Weien, Zhejiang Jinfanda, Youth Chemical and Hebi Nonglin. Though the commercial registrations of these eight leading glyphosate manufacturers, we can learn about their amount of registered capitals and the difference between their business scopes and so on.
The total A.I. volume (100% glyphosate acid equivalent) of exported glyphosate related products in 2014 was 490,998 tonnes, increasing by 2% over 2013.
In 2014, China totally outputted 3.74 million tonnes of pesticides and exported 1.64 million tonnes; the export volume of pesticide accounted for 43.86% of the output.
On 11-13 March, 2015, CCM learned from CAC 2015 that the current glyphosate market is witnessing predicament. Based on the analysis, in the future, China’s glyphosate market will recover but the prices will not increase greatly.
On 1 Jan., 2015, China regulated the export tax rebate rates of 481 pesticide products, which brings different influences to China’s pesticide industry.
MIIT rejects newly-added pesticide projects of 17 enterprises
China releases Catalog of Hazardous Chemicals 2015
China strives to achieve zero growth in consumption volume of crop pesticide in 2020
MOA to issue more agricultural rules and regulations in 2015
Special actions against counterfeiting for agriculture means of production launched in 2015
Catalogue of Industries for Guiding Foreign Investment (2015 Amendment) released
Monsanto Fund’s Monsanto China Green Village Project settles in Shandong Lingcheng
Commercial registration information of China’s eight leading glyphosate manufacturers
Hubei Taisheng: net profit sees YoY decline of 89% in 2014
Hubei Taisheng’s 752,338 shares held by Zhejiang Jinfanda canceled
Lier Chemical completes technological transformation of 600 t/a glufosinate-ammonium technical
Lier Chemical to put 1,000 t/a glufosinate-ammonium production line into operation in May 2015
Overview of glyphosate export in China, 2014
Export volume of China’s pesticides accounts for nearly half of output in 2014
CAC 2015: China’s glyphosate market faces predicament
Top 10 Chinese Pesticides Exporters 2014 announced at CAC 2015
Regulation on export tax rebate rate of pesticides brings influences to China's pesticide industry
Ex-works price of glyphosate technical increases by 3.32% in March 2015 month on month
Export volume of glyphosate technical increases by 16.43% in Jan. 2015 month on month
China's PMIDA market in first work week of March 2015 (2 March-6 March)
China's glycine market in first work week of March 2015 (2 March-6 March)
China's DEA market in first work week of March 2015 (2 March-6 March)
China's IDAN market in first work week of March 2015 (2 March-6 March)
China's yellow phosphorus market in first work week of March 2015 (2 March-6 March)
China's phosphorus trichloride market in first March 2015 (2 March-6 March)
China's isopropylamine salt market in first work week of March 2015 (2 March-6 March)
China's paraformaldehyde market in first work week of March 2015 (2 March-6 March)
China's chloromethane market in first work week of March 2015 (2 March-6 March)
China's methylal market in first work week of March 2015 (2 March-6 March)
COMPANIES MENTIONED
Zhejiang Wynca Chemical Industry Group Co., Ltd.; CEFC Anhui International Holding Co., Ltd.; Hubei Xingfa Chemicals Group Co., Ltd.; Hubei Xingfa Chemicals Group Co., Ltd.
China releases Catalog of Hazardous Chemicals 2015
China strives to achieve zero growth in consumption volume of crop pesticide in 2020
MOA to issue more agricultural rules and regulations in 2015
Special actions against counterfeiting for agriculture means of production launched in 2015
Catalogue of Industries for Guiding Foreign Investment (2015 Amendment) released
Monsanto Fund’s Monsanto China Green Village Project settles in Shandong Lingcheng
Commercial registration information of China’s eight leading glyphosate manufacturers
Hubei Taisheng: net profit sees YoY decline of 89% in 2014
Hubei Taisheng’s 752,338 shares held by Zhejiang Jinfanda canceled
Lier Chemical completes technological transformation of 600 t/a glufosinate-ammonium technical
Lier Chemical to put 1,000 t/a glufosinate-ammonium production line into operation in May 2015
Overview of glyphosate export in China, 2014
Export volume of China’s pesticides accounts for nearly half of output in 2014
CAC 2015: China’s glyphosate market faces predicament
Top 10 Chinese Pesticides Exporters 2014 announced at CAC 2015
Regulation on export tax rebate rate of pesticides brings influences to China's pesticide industry
Ex-works price of glyphosate technical increases by 3.32% in March 2015 month on month
Export volume of glyphosate technical increases by 16.43% in Jan. 2015 month on month
China's PMIDA market in first work week of March 2015 (2 March-6 March)
China's glycine market in first work week of March 2015 (2 March-6 March)
China's DEA market in first work week of March 2015 (2 March-6 March)
China's IDAN market in first work week of March 2015 (2 March-6 March)
China's yellow phosphorus market in first work week of March 2015 (2 March-6 March)
China's phosphorus trichloride market in first March 2015 (2 March-6 March)
China's isopropylamine salt market in first work week of March 2015 (2 March-6 March)
China's paraformaldehyde market in first work week of March 2015 (2 March-6 March)
China's chloromethane market in first work week of March 2015 (2 March-6 March)
China's methylal market in first work week of March 2015 (2 March-6 March)
COMPANIES MENTIONED
Zhejiang Wynca Chemical Industry Group Co., Ltd.; CEFC Anhui International Holding Co., Ltd.; Hubei Xingfa Chemicals Group Co., Ltd.; Hubei Xingfa Chemicals Group Co., Ltd.
