Australia terminates the resumed anti-dumping investigation on China's formulated glyphosate

On 24 June, 2013, Australia Customs and Border Protection Service (ACBPS) released Notice No. 2013/51 (The Notice), showing the result of anti-dumping investigation on formulated glyphosate products exported to Australia from China resumed on 16 Nov., 2012, namely these three China's glyphosate companies haven't dumped in Australia and ACBPS terminated this resumed anti-dumping investigation, according to CCM’s latest newsletter, Glyphoste China Monthly Report issued in July.

According to The Notice, these three China's glyphosate companies, namely Jiangsu Good Harvest-Weien Agrochemical Co., Ltd. (Jiangsu Good Harvest-Weien), Shandong Weifang Rainbow Chemical Co., Ltd. (Shandong Weifang Rainbow) and Zhejiang Wynca Chemical Industry Group Co., Ltd. (Zhejiang Wynca), are judged that they haven't dumped formulated glyphosate products in Australia, so ACBPS decided to terminate the resumed investigation in accordance with s.269TDA(1) of the Customs Act 1901.

Besides, the total export volume of glyphosate formulations to Australia that have dumped from all other Chinese exporters was negligible, so ACBPS decided to terminate the resumed investigation in accordance with s.269TDA(3) of the Customs Act 1901.  

Anyway, it's the second time that ACBPS terminated the anti-dumping investigation on formulated glyphosate products exported to Australia from China since this anti-dumping investigation initiated on 6 Feb., 2012 lodged by Nufarm Limited (Nufarm) and Accensi Pty Limited (Accensi), the top two manufacturers of formulated glyphosate in Australia, and the first time was on 2 Aug., 2012.

It seems that the termination hasn't exhilarated some Chinese glyphosate producers and the glyphosate products prices in China did not fluctuate much. Take Zhejiang Wynca for example, Zhejiang Wynca claimed that this termination will have some positive impact on developing the glyphosate market in Australia, but the impact is estimated to be low. As to the glyphosate price, it's still stable in China, and the ex-works price of glyphosate technical in China keeps at about USD5,800/t-USD5,900/t at present.

But for the glyphosate producers who are eager to enlarge the glyphosate market in Australia, the result of investigation was worth cheering. Take three glyphosate companies for examples. Jiangsu Good Harvest-Weien, Shandong Weifang Rainbow and Sichuan Fuhua Tongda Agro-chemical Technology Co., Ltd. (Sichuan Fuhua) all have glyphosate registrations in Australia at present. They are always regarding Australia as one of their most important glyphosate market.

However, the proportion of these three companies' glyphosate A.I. export volume to Australia in 2012 in their total glyphosate A.I. exports has decreased to about 19.14%, down by about 8.75 and 7.67 percentage points over 2010 and 2011 respectively. The Australia's investigation result is expected to help increase the export volume of glyphosate manufactured by these three companies in the whole year of 2013.

Anti-dumping is a normal taxation measure to prevent domestic industry from damage caused by under-pricing imported products. China's glyphosate products have encountered anti-dumping issues in many regions including Brazil, Argentina, Australia, the US and the EU. Dumping accusation of China's glyphosate products in overseas markets has indicated the products' poor competitiveness and simplistic sale strategy (low-price strategy only) in the international market.

Table of Contents of Glyphsoate China Monthly Report 1307:

Zhejiang Wynca involves in the trouble of "Environmental pollution case"

Anhui Huaxing finishes leadership replacement

Australia terminates the resumed anti-dumping investigation on China's formulated glyphosate

EU revises the maximum residue limits for glyphosate in food

Overview of China's glyphosate industry in H1 2013

RMB appreciation brings negative impact on China's glyphosate industry development in H1 2013

Result of glyphosate use survey for 2012 rice planting in Hunan province

China accomplishes 28 new glyphosate registrations in H1 2013

Glyphosate technical price increases slightly in July 2013

Export volume of glyphosate technical increases 22.76% in May 2013

Glyphosate China Monthly Report, a monthly publication issued by CCM on 20^th, will keep track of latest dynamics, hotspots and competitiveness analysis, and forecasts on market trends of China’s glyphosate industry.

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

Email: econtact@cnchemicals.com

Nufarm loses its exclusive distribution right for Roundup branded glyphosate in Australia and New Zealand

On 5 March, 2013, Nufarm Limited (Nufarm) released an announcement, claiming that its exclusive distribution right for Roundup branded glyphosate in Australia and New Zealand are to be terminated on 28 Aug., 2013. Nufarm may continue selling Roundup branded product until 28 Aug., 2013, but afterwards, Sinochem Group, a Chinese company, will take over the exclusive distribution right of Roundup branded glyphosate in Australia and New Zealand, according to CCM’s monthly report, Glyphsoate China Monthly Report, which was issued on 20^th, March.

 

According to the announcement, Nufarm made an agreement with Monsanto in 2002 for the exclusive use of Monsanto's Roundup brand and launched a number of innovative glyphosate products under that brand, including Roundup Power Max and Roundup Attack. The agreement also required Nufarm to pay Monsanto a distribution fee for glyphosate sales into the Australian and New Zealand markets.

Although the revenue from the Glyphosate business has seen a downtrend since the fiscal year 2008, it’s still one of Nufarm’s most important global businesses. Nufarm claimed that it currently has an approximate 50% market share of glyphosate sales in Australia, with 60% of these sales involving products marketed under the Roundup brand.; besides, Nufarm’s Roundup branded glyphosate sales in Australia and New Zealand in the financial year 2012 were approximately USD104.06 million, accounting for about 22% of the total revenue from Nufarm’s global glyphosate business.

Given the important status of glyphosate in Australia and New Zealand, the glyphosate market share competition between Nufarm and Sinochem Group will remain intense.

 

Nufarm, Australia’s top farm chemical supplier and also a strong player in the glyphosate industry, will try to remain a dominant player through its own branded glyphosate. Nufarm claimed that it will continue to commit to the glyphosate segment and invest in innovative glyphosate formulations under its brands.

 

As for Sinochem Group, there are two important advantages when it will enter the glyphosate market in Australia and New Zealand. Firstly, Sinochem Group has a more-than-ten-year transnational experience in the operation and management of glyphosate business. It also has the exclusive distribution right for Roundup branded glyphosate in Southeast Asia at present. Secondly, Sinochem Group has steady glyphosate sources. At present, Sinochem Group's glyphosate sources include a 70,000t/a capacity of glyphosate technical in Nantong Jiangshan Agrochemical & Chemicals Company and a 30,000t/a capacity of glyphosate technical in Youth Chemical.

Nufarm losing the exclusive distribution right of Roundup branded glyphosate in Australia and New Zealand after Aug. 28, 2013 is quite surprising. Nufarm’s glyphosate revenue in Australia and New Zealand is estimated to decrease in the short term, but Nufarm will still be Sinochem Group's strongest competitor in the glyphosate business of this area. It’s estimated that Sinochem Group will achieve a great operating performance in the glyphosate business there, thanks to its advantage after taking over the exclusive distribution right of Roundup branded glyphosate.

Table Contents of Glyphsoate China Monthly Report 1303:

Anhui Huaxing’s operating profit surges in 2012

Nantong Jiangshan's equity proportion of Dongchang Chemical decreases again

Nufarm loses its exclusive distribution right for Roundup branded glyphosate in Australia and New Zealand

Global's GM crop planting area records 170.3 million hectares in 2012

China cancels PMIDA's export tax rebate

The intense competition in China's mainstream glyphosate export producers continues in 2012

Glyphosate industry research dynamics subsequent to the promulgation of No. 1558 Decree

Lier Chemical successfully registers glyphosate triclopyr in Feb. 2013

Glyphosate prices rise slightly in March 2013

Export volume of glyphosate formulations increase by 30.72% in Jan. 2013

Glyphosate China Monthly Report, a monthly publication issued by CCM on 20^th, will keep track of latest dynamics, hotspots and competitiveness analysis, and forecasts on market trends of China’s glyphosate industry.

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

Email: econtact@cnchemicals.com

China Crop Protection Summit 2013 to be held in a new way

After being successfully held for four years since 2009, China Crop Protection Summit (CCPS), a well known event in agricultural industry, is to be presented in a new way in 2013. According to CCM, the organizer of CCPS, the summit will be reformed from one on-site summit to six online webinars featuring CCM’s exclusive findings and speakers’ professional insights. “Starting from the year 2013, CCPS will have no limits on the duration of the summit and location of the participants anymore. Attendees can participate in the webinars through internet in the office or at home.” said the organizer. 

Looking back upon the past years, CCPS has obtained high reputation among agricultural industry leaders, such as Dow Agro Sciences, Nufarm, Isagro, Agranova, Chemtrura., etc, and over 60 delegates from different countries have attended the summit in the past years to share their opinions on the latest dynamics and potential development of crop protection industry.

With the modification on the presentation form of CCPS, the organizer expects to offer all participators more convenience in attendance and save their cost on the summit. The first webinar of CCPS 2013 has been confirmed to be held on 6^th March, while the other five ones are to be held every two months afterwards.

The featured topics of the first webinar are: sharing information regarding CCM’s Syndicated Research Project of Hunan Rice Panel Data & Analysis Model, and introducing Regional Consumption Research on Agricultural Supplies & Equipment. The organizer introduced that both reports are exclusively issued by CCM itself, and all information involved in the webinar will be very helpful for manufacturers, traders and relevant inside players, particularly those who hope to know more about China’s agricultural market and industry. 

You can view CCM’s website to know more details about CCPS 2013. 

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, and Import/Export Analysis all through its new proprietary product ValoTracer.

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

The 4th China Crop Protection Summit Achieved Complete Success

The 4^th China Crop Protection Summit (CCPS), organized by CCM International, has been successfully held at Ramada Plaza Gateway Shanghai during 8^th - 9^th March, 2012. The summit has attracted top managers from famous enterprises to attend, such as Dow AgroSciences, Nufarm, Isagro, Agranova, Chemtrura, etc., and it has achieved complete success. About 60 delegates from different countries were involved in the event to discuss the current situation and future development of crop protection industry. 50% feel satisfied and wish to attend the summit next year.

Acting as a high-end platform to communicate with top-level experts and business managers face-to-face, CCPS has been successfully organized for the last 3 years. This year, the organizer has specially choose 16 hot topics of crop protection market, covering aspects of bio-pesticide, fluorine-containing pesticide, non-crop pesticide and pesticide import and export analysis, etc., and one of the workshops focused on process technology for producing agrochemical actives. 18 expert speakers were committed to sharing their unique perspectives and insightful expertise with the audiences. The interaction between speakers and audiences during the Q&A section was appealing.

Most participants said they benefited a lot from this two-day brainstormed event and hoped it would make great development in China’s crop protection industry in the future. Zhonghui Wu, General Manager of CCM International said “I am so glad that CCPS has received more and more recognition. And we will continue to provide high-quality market information and hold professional events to meet all the customers’ needs.”

About CCM International

CCM International 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 International 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.

CCM International Ltd.
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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_1007.html