Following are headline news of the latest issue of Glyphsoate China Monthly Report:
Export volume of glyphosate technical decreases by 11.45% in June 2013
The export volume of glyphosate technical decreased by 11.45% in June 2013 MoM.
Review of Chinese glyphosate export in H1 2013
The total A.I. volume (100% glyphosate acid equivalent) of China's exported glyphosate related products in H1 2013 increased by 97% and 39% compared with H1 2011 and H1 2012 respectively. The total export value was up by 155% and 97% compared with H1 2011 and H1 2012 respectively.
Glyphosate technical price sees a significant increase in Aug. 2013
The glyphosate technical price saw a significant increase in August 2013 MoM. In the current circumstances, the ex-works price of glyphosate is expected to remain stable or to increase slightly in late August and mid-September 2013.
Chlor-alkali co-production to lead the treatment technology of glyphosate waste water
Many glyphosate/PMIDA manufacturers have made strong efforts on the R&D of glyphosate mother liquor treatment technology in light of the challenging environmental protection inspection indicators. Shandong Rainbow is one of these manufacturers, and its chlor-alkali co-production technology is expected to be the leading treatment technology for glyphosate waste water with a high content of sodium chloride.
Environmental protection inspection to keep stringent in H2 2013
The 2013 (5th session) Development Symposium of China's Glyphosate Industry (hereinafter the Symposium) was successfully held in Jinan City, Shangdong Province during 17-18 July, 2013. During the Symposium, it was revealed that the environmental protection inspection against glyphosate/PMIDA manufacturers in China will remain stringent in H2 2013. Therefore, the supply of glyphosate will be tight, which will contribute towards maintaining the high prices of glyphosate products in H2 2013. The stringent environmental protection inspection will improve waste treatment, create a more rational competitive environment and set an example for other pesticide sectors in China.
Thirteen glyphosate registrations in July 2013
There were 13 glyphosate product registrations in July 2013. 2 registrations were for glyphosate dimethylamine salt. Thus, there are 3 registrations for glyphosate dimethylamine salt in China as of 31 July 2013.
Brief overview of 2013 Development Symposium of China’s Glyphosate Industry
The 2013 (5th session) Development Symposium of China's Glyphosate Industry was successfully held in Jinan City, Shangdong Province on 17-18 July, 2013. 14 professionals each delivered a speech covering many of the hot issues in China's glyphosate industry.
94% glyphosate products pass national quality check in Q2 2013
China's State Administration of Quality Supervision, Inspection and Quarantine announced the results of the national quality check of pesticides (including herbicide products and insecticide products) for the first time in 2013. 94% of the checked glyphosate products (31 batches of glyphosate products) successfully passed the national quality check in Q2 2013.
The revenue of Monsanto in the past nine months of fiscal year 2013 increases by 11%
On 26 June 2013, Monsanto issued a report on its operating result in Q1-Q3 of 2013 fiscal year (September 2012-May 2013). The report showed that Monsanto achieved a total revenue of USD12,659 million in Q1-Q3 of 2013 fiscal year, up by about 32% and 11% over Q1-Q3 of 2011 fiscal year (September 2010-May 2011) and Q1-Q3 of 2012 fiscal year (September 2011-May 2012) respectively.
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