Zhejiang
Wynca exhibited paraquat 20% WG and paraquat 40% WG at the 13th AgroChemEx,
showing its potential to produce paraquat non-liquid formulations.
Sichuan
Hebang has revealed that it plans to construct a 50,000t/a glyphosate
production project. In view of Sichuan Hebang's method and cost advantages that
it will gain upon the completion of the glyphosate project, Sichuan Hebang is
expected to become a top glyphosate manufacturer in China.
Although
Monsanto suffered a net loss of USD249 million in Q4 2013 (June 2013-Aug.
2013), it still managed to achieve a net income of USD2,482 million in the 2013
fiscal year (Sept. 2012-Aug. 2013), up by 21% YoY.
ICAMA
released the exposure draft of the Advice on the Registration Management of
Glyphosate and Its Salt Products on 8 Oct., 2013. From the perspective of
positive influence, this registration management advice is expected to be
widely accepted by glyphosate companies in China and the clauses in the advice
are also expected to be the formal registration clauses of glyphosate.
Because
of the thriving market and the rising profitability of glyphosate, Zhejiang
Wynca, Nantong Jiangshan and Anhui Huaxing all achieved excellent operating
performances and stock performances in the first nine months of 2013.
The
total A.I. volume (100% glyphosate acid equivalent) of China's export glyphosate
related products in Q3 2013 increased by 46% and 18% compared with Q3 2011 and
Q3 2012 respectively. The total export value in Q3 2013 was up by 141% and 60%
compared with Q3 2011 and Q3 2012 respectively.
There
were nine registrations for glyphosate products approved during Oct. 2013. Five
were new registrations, and four were renewed registrations. Thus, China has
approved 86 registration certificates of glyphosate products from 1 Jan., 2013
to 31 Oct., 2013, among which 41 were new registrations, and 45 were renewed
registrations.
The
ex-works prices of glyphosate technical and four glyphosate formulations
continued to decline in mid-Nov. 2013.
The
Sept. 2013 export volumes, with an exception for PMIDA, suffered MoM declines.
The export volumes of glyphosate technical and glyphosate formulations
decreased by 16.27% and 2.75% MoM respectively in Sept. 2013. However, the
export prices of glyphosate technical, PMIDA and glyphosate formulations all
recorded YoY growth in Sept. 2013.
Nantong
Jiangshan's operating profit increases by 2,697.38% in Q3 2013
Zhejiang
Wynca to introduce paraquat 20% WG and paraquat 40% WG
Sichuan
Hebang expected to become top glyphosate manufacturer
Monsanto's
net income increases by 21% in fiscal year 2013
China
to strengthen glyphosate registration management
Operating
performance comparison among Zhejiang Wynca, Nantong Jiangshan and Anhui
Huaxing in Q1-Q3 2013
Review
of Chinese glyphosate exports in Q3 2013
Nine
glyphosate registrations in Oct. 2013
Glyphosate
technical price keeps decreasing in Nov. 2013
Export
volume of glyphosate technical decreases by 16.27% in Sept. 2013
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