Wednesday, March 12, 2014

China's titanium feedstock supply in 2013 flat from 2012

It is widely expected that China's economic growth will slow down. The former investment-led growth model, which depended on the real estate industry, is no longer in effect. This is causing a decrease in the demand for architecture coatings. Such a change in the domestic environment has determined the future development of the TiO2 industry. China's TiO2 output increased from 308,000tonnes to 1,803,000 tonnes in 2011 at a CAGR of 19.33%. Assuming that 2001-2011 is classified as the growth stage of China's TiO2 industry, the industry has entered a stabilisation stage since the beginning of 2012, according to Titanium China Monthly Report issued by CCM in Feburary.

It can be judged from the actions taken by the TiO2 multinationals that China's TiO2 industry has entered a stabilisation stage. As the world's largest TiO2 consuming and producing country, China's developments are closely watched by the TiO2 multinationals During the stabilisation stage, an industry's growth will slow down or even stop.

In Sept. 2013, Huntsman Corporation acquired Rockwood Holdings, Inc's titanium dioxide business, which has caused a further rise in the concentration of the overseas titanium dioxide industry. In addition, DuPont, the world's largest TiO2 producer with a large market share in China, has decided to spin off its titanium dioxide segment, because the company predicted that such a highly cyclical segment will develop at a low speed in the future. DuPont will pay attention to high-speed investment opportunities in order to maximise opportunities for its shareholders.

Various TiO2 producers in China are gradually increasing the differentiation of its products and reducing the homogeneity of their product mix. The market has been subdivided and is maturing. For example, Sichuan Lomon Titanium Co., Ltd.'s TiO2, which is widely believed to have good performance in every aspect, has a high price; Shandong Doguide Group Co., Ltd.'s TiO2 has good stability performance; Yunnan Dahutong Investment Group Company's TiO2 has high covering power; and BlueStar New Chemical Materials Co., Ltd. Guangxi Branch's TiO2 has high whiteness.

The product mix has changed from being dominated by anatase TiO2 of low added value to rutile TiO2 of high added value. The TiO2 (general type) has been subdivided into coating grade TiO2, paper grade TiO2, and plastic grade TiO2, and others. The overcapacity, and the slowdown in the exports of TiO2 implies that China's TiO2 has been gradually entering a stabilization stage.

TiO2 exports substantially increase at the growth stage but decline when entering the stabilisation stage. Correspondingly, TiO2 exports fluctuated at a high level in 2012-2013, following strong growth in 2009-2011. Concerning the production capacity and output, survey data from CCM shows that the production capacity and output of China's TiO2 industry were 2.98 million t/a and 1.90million tonnes in 2013, and the operating rate was 63.76%.

The analysis method for product life cycle is only used to statistically analyse the current stage of a product. However, the development of an industry is dynamic and ever-changing, and technological breakthroughs can change the direction of the industry. For example, a recent study found that the surface of TiO2 can be photocatalysed to produce hydrogen, and if the technology is a breakthrough and related products reach mass production, the future development of the TiO2 industry will be boosted, and will re-enter the growth stage from the current stabilisation stage. Therefore, this article only provides an analytical point of view.

China’s TiO2 imports increase substantially while exports rose slightly
China's titanium feedstock supply in 2013 flat from 2012
Post-festival downturn in China's TiO2 market with slight decrease in price
Panxi Experimental Zone starts worldwide bidding for six titanium related projects
GPRO Titanium: net profit increases by 9.98% YoY; anatase TiO2 more profitable than Rutile Titanium
Anhui Annada revises downward net profit forecast
Pick-up of TiO2 market to support DuPont in spinning off its performance chemicals segment
Strategies for TiO2 producers in 2014: improve quality, control costs
Henan Billions forecasts 87.22% decrease in net profit for 2013
China's TiO2 industry enters into stabilisation stage
Orient Zirconic intends to acquire 100% equity stake in Winsheen New Material
Changes in pattern of China's titanium feedstock imports
Sky Dragon Group's net profit in 2013 may increase by 2%-20% YoY
Double-digit percentage increases in China's auto output and sales in 2013 boost automotive coating consumption
Nippon Paint, Dulux and Carpoly: top three frequent coating keywords in Jan. 2014
AkzoNobel maintains first place among worldwide coatings manufacturers
Growth rate of Suzhou Kingswood's revenue decreases in H2 2013

Titanium Dioxide China Monthly Report, issued by CCM on 25th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606


Liming Research Institute with Daesung to jointly develop fluorine electronic gases

On 22 Jan., 2014, Liming Research Institute of Chemical Industry (Liming Research Institute, belongs to China National Chemical Corporation), announced that it had signed a cooperation agreement with South Korea-based Daesung Industrial Gases Co., Ltd. (Daesung) on 21 Jan., 2014. They would jointly establish a company named Luoyang Liming & Daesung Fluorine Chemical Co., Ltd. (Liming & Daesung Fluorine Chemical). Of this, Liming Research Institute and Dasesung will hold a share of 60% and 40% respectively, According to China Fluoride Materials China Monthly Report 1402 issued by CCM.

The joint venture is located in Luoyang National New & High Tech Industry Development Zone, to construct a 1,000 t/a nitrogen fluoride (NF3) with an investment of USD44.85 million. It is the first Chinese-foreign NF3 project domestically. Liming & Daesung Fluorine Chemical will take full advantage of the new electrolysis technology developed by Liming Research Institute, which features with simple production process (only one step to produce NF3 ) and controllable production cost. The project will be launched in H1 2014, and put into operation in June 2015, with an estimated revenue of USD29.30 million.

NF3 produced in this project is mainly applied in semiconductor chips, flat-panel liquid-crystal displays and photovoltaic cells. According to the Catalogue for the Guidance of Industry Adjustment promulgated by the National Development and Reform Commission (NDRC) in 2011, it is one of the fluorine fine chemicals encouraged by the Chinese government. Also, it is a necessity for the items emphasized in the 12th Five-year Plan—electronics, integrated circuit and new chemical material.

Internationally, the consumption of NF3 has increased significantly by 20% annually in recent three years, causing a relatively tight supply. Moreover, leading multinational electronics enterprises like South Korea-based LG and SAMSUNG begin to establish their plants in China, strengthening the domestic demand for NF3. An insider from Liming Research Institute revealed that the capacity of NF3 would meet its estimated annual sales volume of 800-1,000 tonnes. It will claim about 30% market share in China and further be exported abroad.

It is of great significance for both Liming Research Institute and Daesung to jointly launch the electronic gas project. For one thing, Liming Research Institute can achieve the industrialization of fluorine electronic gas project by drawing support from Daesung in the fields like strong asset support, varied sales channels, and advanced management and operation mode. For another, Daesung can gain high-quality NF3 and maintain a stable supply.

Incidentally, Liming Research Institute is a R&D institute under China Haohua Chemical Group Co., Ltd. The institute focuses on the R&D of fluorine gas, of which NF3 reaches the international advanced level. Daesung is a famous supplier of varied industrial gases in South Korea with a strong distribution network, proving accessories for South Korea-owned enterprises like LG, SAMSUNG and Hyundai Motor Group.

1. Yizhang Fluorine Chemical Industrial Park witnesses sound development
2. China's refrigerant industry expected to face many challenges in 2014
3. Do-Fluoride's lithium-enriched anhydrous aluminum project granted scientific-technological achievement status in Henan Province
4. Fluoride salt’s ex-works price witnesses continuous uptrend in Jan. 2014
5. PTFE’s ex-works price rallies in Jan. 2014
6. Jiangsu Meilan increases input in construction of advanced fluorine-contained material projects
7. Shanghai 3F to further develop fluorine deep-processing business
8. Liming Research Institute with Daesung to jointly develop fluorine electronic gases
9. Zhejiang Province to accelerate the construction of fluorite resources comprehensive utilization demonstration base in Suichang County
10. Juhua Group continues to increase its share in Zhejiang Juhua
11. Deyi New Material's record filling materials regarding a 5,000 t/a PVDF project approved by FECO
12. Dongyangguang Fluorine starts the phase construction of its 16,500 t/a fluoropolymer project
13. Dongyue Group predicts its 2013 profit and revenue to decline by no more than 40%
14. Huanxin Fluoro intends to be listed on Shenzhen Stock Exchange in 2015
15. Ningbo Juhua and ZRCC to further strengthen their cooperation
16. Chenguang R.I.C.I's fluorine-silicone material project gains further governmental support


CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

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Interpretation of China's 2014 No.1 Central Document about policies of corn & related products

On 19 Jan., 2014, the Central Committee of the Communist Party of China and the State Council jointly published a policy on deepening the rural reform and accelerating the agricultural modernization (China's No.1 Central Document, focusing on the development of agriculture, rural areas and farmers to push forward agricultural modernization), which proposes that the government will continue to carry out the policies about temporary reserve of corn and sugar, and  minimum purchasing price of wheat, explore price insurance pilot of live pigs and launch price subsidy pilot of soybean.

Governmental purchase of corn for temporary reserve
The government strengthened the protection in 2013. Firstly, the government extended the 2012/2013 corn purchase deadline by one month. Secondly, the government published the 2013/2014 purchasing price of corn in advance and increased the purchasing price. These policies can protect the corn price from decreasing in China. For example, domestic market price of corn decreased in Oct. 2013 due to the increasing supply of corn, but the price of corn rebounded a little during Nov.- early Dec. 2013 as the governmental purchase of corn started in Nov. 2013.

Insiders think that the corn purchasing policy is of great importance to stabilize and even increase corn price in 2014 in case of its oversupply. It's reported that during 2013/2014, the supply of corn may be around 205.7 million tonnes while the demand for corn may be only around 187.7 million tonnes in China.

Governmental purchase of sugar for temporary reserve
Domestic sugar market underwent a downturn in 2013. The total output of sugar in China was 3.0 million tonnes while the sales volume of sugar was only 1.6 million tonnes. Due to the oversupply, domestic average market price of white sugar, a main kind of sugar, dropped by around 14% year on year in 2013. Its price continued decreasing in Jan. 2014, close to the production cost level.

The slumping sugar market dragged down the price of its substitute, starch sugar in 2013. In detail, domestic average ex-works price of high fructose corn syrup (F42) declined by 12.5% year on year in 2013.

Domestic sugar market still will face challenges in 2014, since it is difficult to mitigate the overcapacity of sugar at home and abroad. Additionally, domestic sugar will has less cost support as the minimum purchasing price of its raw material-sugarcane in main sugarcane planting regions in 2013/2014 is lower than that in 2012/2013.

Overall, insiders said that the governmental purchase of sugar for temporary reserve is necessary in China as it can help protect sugar manufacturers' profits and boost the sugar market.

Minimum purchasing price of wheat
It is estimated that the role of policy will weaken in wheat market in 2014 because wheat price in China has been much higher at present compared with that in 2013. According to data from CCM, domestic market price of wheat soared to around USD425/t on 16 Jan., 2014, about USD32/t higher than that on 16 Jan., 2013. Besides, the governmental storage of wheat decreased in 2013 as the consumption of wheat increased greatly in feed industry in 2012, leading to the tight supply of wheat since then. So the wheat price in 2014 mainly depends on its supply and demand.

However, the increasing wheat price will cause wheat replaced by corn in feed production.
Exploration of live pigs' price insurance pilot

Domestic average market price of live pigs decreased slightly by 2% year on year in 2013, and the market price of live pigs fell sharply from USD2,403/t on 3 Jan., 2014 to USD2,061/t on 20 Jan., 2014 due to the oversupply of live pigs. The substantial decreasing price of live pigs resulted in losses for domestic pig breeding farmers or enterprises.

Once the price insurance policy can be implemented in the near future, domestic pig breeding farmers or enterprises can obtain some extra compensation from the government when the price of live pigs decreases, which can make up somehow for the losses, reduce their breeding risk and maintain a stable cash flow.

Generally, a stable development of pig industry can ensure a strong demand for feed and feed additives, such as amino acid and vitamin.

Launch of price subsidy pilot of soybean
In fact, it is the first time for China to implement the price subsidy pilot policy of soybean. China carried out the temporary purchase of soybean for reserve during 2008-2013, and the governmental purchasing price of soybean kept increasing in this period. As a result, domestic price of this product was much higher than that of the imported one. So domestic soybean processing enterprises turned to the cheap imported soybean. As data from China Customs shows, China imported around 63.4 million tonnes of soybean in 2013, up 8.6% year on year.
Insiders said that the policy can weaken the dependence on imports for soybean and encourage domestic farmers to plant soybean.

Source: Corn Products China News issued by CCM in Feburary.

Table of Contents of Corn Products China News 1402:
China returns 2,000 tonnes of GM DDGS to the US
Chinese corn products Imp. & Exp., Nov. 2013
Export volume of China's furfural rebounds, Oct.-Nov. 2013
Price update of corn products, Jan. 2014
Review of the ex-works price of corn germ meal, H2 2013
Ex-works price of xanthan gum decreases sharply in 2013
Guangji Pharmaceutical suspends partial VB2 production line
Shandong Longlive opens online flagship shop at Tmall
Frequent outbreaks of avian influenza challenges poultry industry again
Edible ethanol industry undergoes downturn in 2013
Market price of wheat in China enjoys marked uptrend, June-Nov. 2013


CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606
Email: econtact@cnchemicals.com



New registrations of insecticide formulations in 2013: an overview


The 5 insecticide formulations with the most registrations were emamectin benzoate, abamectin, imidacloprid, pymetrozine and acetamiprid. They also had the most registrations among pesticides in general. The 5 compounds had 393 registrations in 2013, 32.45% of new registrations of insecticides.

Among single formulations, emamectin benzoate ranked first by number of registrations in 2013—107 new registrations of single formulations of the compound were approved in 2013. In 2012, emamectin benzoate was also the most registered chemical among single formulations, with 154 approvals. As of the end of 2013, there were 455 valid registrations of emamectin benzoate single formulations in China.

Abamectin ranked second, with 95 new single formulations approved in 2013, 86 for insecticides and 9 for fungicides. Abamectin has always been one of the most popular insecticides in China. In 2012, the compound had 81 single formulations registered. As of the end of 2013, valid registrations of abamectin single formulations numbered 613.

Even though pymetrozine did not have as many registrations as emamectin benzoate or abamectin, the compound also attracted a great deal of attention. The chemical, with only 20 single formulation registrations before 2013, had 67 new registrations approved over the past year. This takes pymetrozine single formulations registrations to a total of 83 (4 of the 20 previous registrations expired), as of the end of 2013. The enthusiasm for pymetrozine is expected to continue in 2014, bringing many more registrations.

Among mixed formulations, emamectin benzoate and abamectin also topped the ranking for most registered ingredients in 2013.

The 1,211 registrations of insecticide formulations in 2013 covered 27 formulation types. EC formulations dominated the new registrations in number, with 289, or 23.86%, of approvals for insecticide formulations. ECs were followed by SC, ME, WP and WG formulations. The top 5 types obtained 938 registrations, 77.46% of insecticide formulations registered in 2013.

Source: Crop Protection China Monthly Report issued by CCM in Feburary.

Table of Contents of China Crop Protection Monthly Report 1402:
An overview of pesticide formulation registrations in China in 2013
2,940 new registrations of pesticide formulations in 2013 
New registrations of insecticide formulations in 2013: an overview 
New registrations of fungicide formulations in 2013: an overview 
New registrations of herbicide formulations in 2013: an overview 
New registrations of plant growth regulator formulations in 2013: an overview 
Forecast on formulation registrations 
Registrants acquired new registrations of pesticide formulations in China in 2013 
705 companies registered pesticide formulations in 2013 
Summary of hygienic insecticide formulation registrations in China in 2013 
304 new registrations of hygienic insecticide formulations in 2013 

About CCM
CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606


Monday, March 3, 2014

Find Hot News in Titanium Dioxide China Monthly Report 1401

Published on the 25th every month, Titanium Dioxide China Monthly Report  is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Titanium Dioxide market dynamics, analyze the market data and trends. TiO2 China Monthly Report will provide intelligence of Chinese TiO2 industry, including supply/demand, company dynamics, raw material supply, etc, and the latest policies and technological progress to facilitate your search for commercial opportunities in this promising market.

Following are headline news of the Titanium Dioxide China Monthly Report:
The domestic TiO2 price continued its downward trend, and the market has become quieter as the Spring Festival approaches.
The blast happened on Nov. 22, 2013 in Qingdao City caused increasing public concerns on the safety of buried pipelines, it is estimated that the anti-corrosion coating will be in great demand if pipelines upgrading is carried out.
After an encouraging financial performance in 2013, KNT is expected to continue its growth momentum into 2014 as new projects go into operation.
With the weak domestic demand and the flat export volume, China produced around 1.90 million tonnes of TiO2 in 2013, the same level as in 2012.
Despite the bear market, SRL's 2013 production increased significantly, and is projected to increase in 2014. However, their revenue and profit declined.
Given that only 20% TiO2 producers were profitable in 2013, it is wise for Shandong Dongjia to halt its IPO application under the CSRC's current regulations.
The domestic demand for TiO2 may remain soft in 2014. However, the export volume is expected to increase significantly, making export growth the major driving factor for the consumption of Chinese-produced TiO2 in 2014.
Comparison of TiO2 properties indicators and requirements of end users.
In Nov. 2013, the import volume of TiO2 soared while the export volume increased moderately. The import price and export price both declined slightly.
In Nov. 2013, the imported volume of titanium feedstock continued to grow. However, some small domestic titanium feedstock producers cut their operating rate, which led to the decline in the total domestic output of titanium feedstock.

About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact
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Fax: 86-20-37616968

Find Hot News in Sweeteners China News 1401

Published on the 5th every month, Sweeteners China News is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of sweeteners market dynamics, analyze the market data and trends. Major columns include market dynamic, company dynamic, raw material supply, price update, import & export analysis, consumption trend & competitiveness.

Following are headline news of the latest issue of Sweeteners China News:
CNRIFFI's stachyose (P80) rated as "national key new product"
Ex-factory prices of sweeteners in China in December 2013
Export overview of some sweeteners and raw materials in China, November 2013
According to China Customs, the export volume of China's cyclamate witnessed a decrease in Jan.-Nov. 2013 over the same period of 2012, probably because of the continuous increase in its export price and the stable demand from overseas markets.
Shandong Longlive opened an online flagship shop at tmall.com in Dec. 2013, seeking to boost the sales of its end products.
Shandong Futaste became the first GMP (2010 edition)-certified xylitol producer in China on 20 Nov. 2013. As China's xylitol market is becoming saturated, and domestic competition has been increasingly intense in recent years, Shandong Futaste will be more flexibly benefited from this GMP certification.
According to China Customs and CSA, the combined export volume of saccharin of domestic designated saccharin producers witnessed a obvious decrease in Jan.-Oct. 2013, while the national export volume of saccharin showed a slight increase in the same period.
The expiration of US companies' patent protection for neotame would boost the production of neotame in China and also accelerate neotame's replacement for aspartame, especially in view of its obvious advantages like higher sweetness and safety.
The low sucrose price in 2013 resulted in contrasting growth of the net profits of two major FOS producers, namely QHT and Baolingbao. QHT's net profit was predicted to have increased in 2013 over 2012, while Baolingbao predicted a decline in its net profit for 2013.
The construction of the first phase of Guangdong L&P's sucralose project, which has a production capacity of 300t/a, was completed in Dec. 2013. However, the company will find it difficult to make full use of its expanded capacity in 2014.
In 2013, China's HFCS producers have been caught in similar declines in profit margins as in 2012. However, the decrease of sucrose price seemed to be a more decisive factor for the declines in 2013 while the uptrend of corn prices and demand slowdown from downstream fields for the declines in 2012. Moreover, the influence of sucrose price on China's HFCS producers will continue in 2014.
Due to their poor performance in the domestic market, starch sugar producers in China shift the focus of starch sugar sales to starch sugar export in 2013. It is predicted that such a shift will continue in the domestic starch sugar industry in 2014.
The gross profit of crystalline glucose in Shandong witnessed a sharp increase in Dec. 2013 after a drop in Nov. 2013, which can be largely attributed to the increase of the demand from domestic downstream industries and the decrease of Shandong producers' corn purchase prices in this month.
QHT cooperates with GDHA on requirement of doctors and patients for microecological health
National standard of feed sweeteners passes expert examination
Chenguang Biotech announced a patent certificate for stevia in Nov. 2013
Shandong Longlive's technology center rated state-level
China's sucrose price continues to drop since Nov. 2013, owing to the oversupply caused mainly by the inrush of low-priced imported sucrose and the current weak domestic demand.
China's sweetener industry annual overview 2013

About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

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Find Hot News in Seed China News 1401

Published on the 31th every month, Seed China News  is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of seed market dynamics, analyze the market data and trends. Major columns include market dynamic, company dynamic, raw material supply, price update, import & export analysis, consumption trend & competitiveness.

The State Council of the People's Republic of China (State Council) issued an announcement titled Opinions on Deepening the Reform of Crop Seed System to Increase Innovation Capability on its portal. The statement is expected to mature into specific guidelines for the future development of China's seed industry.
In 2013/2014, rapeseed growing in Anhui has been influenced by factors both favorable (improved varieties, abundant rainfall from late August to mid September) and unfavorable (inadequate protectionist policies, comparatively low mechanization and weak agricultural infrastructure).
Corn seed producers have gradually adopted terminal sales, a more streamlined sales channel that has already become a new marketing trend for corn seeds.
Despite a clear decrease in acreage nationally, and lower yields in southern China, the oversupply of hybrid rice seeds will not be significantly alleviated in 2014. In addition, China's total rice acreage will likely drop in 2014, on account of farmers' diminished profits and consequent weak enthusiasm.
This article presents and briefly comments on the first five (out of ten) important events in China's seed industry in 2013.
Origin's operating profit and net profit rose significantly in the fiscal year of 2013, despite a decline in revenue.
On 27 Dec. 2013, the MOA officially issued the new edition of Examination And Approval Measures for Main Crop Varieties, with five major changes from the current edition: examination items were added, the certification process has been simplified, certification standards have been raised, exclusion mechanisms were strengthened and the opening of a Green Channel.
Space mutation breeding will certainly enable China's agriculture to develop, since it features shorter breeding periods, high probability of mutation, ability of improving crop yields, better seed quality, among other advantages.
Throughout the year 2013, Heilongjiang soybean market was almost continuously depressed, mainly in view of the sluggish soybean demand, the low prices, the continuous losses for soybean oil refineries, and the continuous decline of the soybean acreage.
The increasing tomato acreage has underpinned the seed market in Heilongjiang, whilst the competition is rather intense among different tomato varieties in the local market.

About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

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