Construction of Blue Ridge Tunhe's biodegradable PBS program going smoothly

On Oct. 16, 2013, Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd. (Blue Ridge Tunhe) announced that 46% of its biodegradable plastic program, with a production capacity of 160,000 t/a, has been completed, and that the whole program is estimated to be completed in 2014. The biodegradable plastic products include PBS and PBT, according to CCM’s Biomaterials China News issued in November.

Construction of the biodegradable plastic program began on April 16, 2013. Previously, Blue Ridge Tunhe completed pilot production of its PBS production line, with a capacity of 10,000t/a, on July 28, 2012, which may provide technological support for the subsequent PBS program.

As a traditional petrochemical processing enterprise in Western China, Blue Ridge Tunhe has only just started its PBS business. Since its PBS product has not yet passed the related environmental protection authentication, it cannot export its products, and can only produce for domestic markets.

Generally, domestic PBS industry is witnessing a large production capacity expansion in 2013. This is intensifying the competition within the PBS industry.

On one hand, new entrants or enterprises without abundant experience in the PBS industry are faced with more severe market conditions for PBS in 2013. Similar to Blue Ridge Tunhe, their PBS products have not passed the related environmental protection authentication, so their products can only be sold in the domestic market, thus intensifying the competition in the PBS industry in 2013. The domestic PBS industry has seen an overcapacity in 2013. According to related statistics, the domestic PBS capacity has reached 118,000t/a, while the domestic demand of PBS is estimated to be only 15,000-20,000 tonnes in 2013.

In 2013, three companies established new PBS plants or further expanded their production capacity. On June 6, 2013, Shandong Fuwin New Material Co., Ltd. (Shandong Fuwin) announced that it had expanded its PBS production capacity from 5,000t/a to 25,000t/a. In April 2013, the first phase of Shanxi Jinhui Group (Jinhui Group)'s PBS program, with a production capacity of 20,000t/a, entered pilot production and is currently operating strongly. In Feb. 2013, Jiangsu Yangnong Chemical Group Co., Ltd. (Yangnong Chemical) completed the construction of its PBS program, which has a production capacity of 10,000t/a.

On the other hand, leading PBS enterprises, like Kingfa Sci&Tech Co. Ltd. (Kingfa), Zhejiang Hangzhou Xinfu Pharmaceutical Co., Ltd. (Xinfu Pharmaceutical), and Anqing Hexing Chemical Co., Ltd. (Anqing Hexing), have witnessed an upturn trend in their PBS business in 2013, mainly due to the recovery of global economy. This is because the aforementioned three companies' PBS products have passed the related environmental protection authentication and are produced primarily for export.

Xinfu Pharmaceutical has taken advantage of the global economic recovery. Xinfu Pharmaceutical's revenue and gross profit margin of its PBS business increased by 12.5% (from USD2,246 million in 2012 to USD2,725 million in 2013) and 2.95% respectively in H1 2013 year-on-year, due to the improving demand in Europe.

Table of Contents of Biomaterials China News 1311:

Overview of China's PAM industry in 2013

China's PTA industry is in a predicament in 2013

China's bamboo fiber industry developing rapidly in 2013

Hismer Bio-Technology's chitosan fiber wins the award of "Chinese fabric star"

Construction of Blue Ridge Tunhe's biodegradable PBS program going smoothly

YFY Yangzhou's straw-based paper program enters operation

Elevance completes commercial production of bio-based C18 diacid

China's sebacic acid industry witnesses a good momentum of development

China's potato price increases in July-Aug. but decreases in Sept. 2013

China's PLA import volume down while export volume up in Sept. 2013

New extracting season for cassava begins in Sept. 2013

China's import volume of castor oil and its derivatives decreases in Sept. 2013

Bio-based PU for shoes has passed the acceptance check

Corbian Purac shows high-performance PLA in K 2013

Four institutions jointly develop PLA mulching film

K 2013 will be held in Dusseldorf from Oct. 16 to Oct. 23, 2013

Two companies start the world's first cellulosic ethanol plant

Biomaterials China News, with 12 to 14 topics in one issue, published by CCM on 8^th every month, will bring you the latest information on the market dynamics, company dynamics, new biomaterials products, new biomaterials technology development, new legislations as well as policies and raw material supply dynamics, which are shaping the significant market intelligence of the 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

Production and Market Situation of Sodium Gluconate in China

CCM has lately released its third edition of report in relation to Sodium Gluconate (SG), namely Production and Market of Sodium Gluconate in China, which focuses on the production situation of China’s sodium gluconate in recent three years. The report also introduces major domestic producers and major situation of downstream fields of sodium gluconate.

As one of the major SG suppliers in the world, China’s SG roduction has been witnessing a rapid development over the past ten years, which has greatly boosted China's total SG output. In recent years, several enterprises have swarmed into the domestic SG industry. The production of SG in China has concentrated in the major corn-producing areas. However, the production concentration rate of SG is not high. China's SG industry has encountered a slowdown situation and entered an integration phase.

In the report, CCM lists a series of figures to summarize SG and its related products’ capacity and output situation in China during 2006-2012, which includes: capacity distribution of corn starch in China in 2012; capacity and output of corn starch in China during 2006-2012; capacity and output of glucose monohydrate in China during 2008-2012; capacity and output of anhydrous glucose in China during 2008-2012; capacity and output of SG in China during 2004-H1 2013; capacity distribution of SG in China in 2012; output distribution of SG in China in 2012.

The report also analyzes the key factors that have been influencing the development of China’s SG industry. The report reveals that the demand from the construction industry is the dominant factor affecting SG price in China. Currently, China's SG industry still depends mostly on demand from the construction industry. The domestic SG consumption in concrete additive greatly increased in 2012, but the growth has slowed down obviously over the recent two years. Due to the slower growth of demand from the domestic construction industry, China’s SG price has continued decreasing since 2011, although the prices of major raw materials remain high.

CCM also gives a forecast on China's SG industry in the next five years. According to the report, China's SG will be more competitive in the world in the coming years. After two years' recession, the world economy showed a recovery in H1 2013. Overseas markets are surely to play an increasing important role in China's SG industry.

For more information about the report, please visit http://www.cnchemicals.com/ResearchCenter/Report/2317/Production-and-Market-of-Sodium-Gluconate-in-China-Edition%283%29

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

Production and consumption situation of China's acrylonitrile industry

China's acrylonitrile industry has enjoyed a steady expansion during 2008–2012. According to CCM’s report Market of Acrylonitrile in China, issued in February 2013, the domestic acrylonitrile capacity has exceeded 1.3 million t/a as of January 2013, while the consumption volume has been over 1.5 million tonnes, which means China still needs to import a considerable amount of acrylonitrile every year to fill the gap between supply and demand.

At present, acrylonitrile is mainly used in the production of acrylic fiber, ABS, PAM, acrylamide, NBR, etc. Among which, acrylic fiber is still the largest consumer of acrylonitrile, though its consumption demand for acrylonitrile has been dropping during 2008–2012.  

As for the other two downstream fields, namely ABS and PAM, they are expected to show remarkable performance in terms of output and consumption volume. ABS is even estimated to surpass acrylic fiber to be the largest consumer of acrylonitrile in China in the future, given its increasing growth of output.

In the report, CCM focuses on the production situation and consumption pattern of China's acrylonitrile industry during 2008–2012, and forecasts its development in the next five years. In “Production situation of acrylonitrile in China during 2008–2012” part, readers can obtain the basic information of acrylonitrile production and producers, geographical distribution of production and new projects or expansion programs in relation to acrylonitrile production.

The report has also revealed the import and export situation of acrylonitrile in China during 2011–2012. The findings are concluded by CCM’s researchers basing on a large amount of data sourced from China Customs. Through these findings readers can get a lot of intelligences on China’s acrylonitrile industry, such as major exporters and importers, export destinations, export and import volume and value. With respect to the consumption situation of acrylonitrile in China, CCM will give readers a detailed elaboration of the consumption pattern of acrylonitrile in main end segments, including acrylic fiber, ABS, acrylamide, NBR, etc. 

For more information about Market of Acrylonitrile in China, please visit http://www.cnchemicals.com/ResearchCenter/Report/2250/Market-of-Acrylonitrile-in-China-Edition(2)

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

A deep study on the pentaerythritol industry in China

At present, China is one of the top production bases of pentaurythritol in the world, with its capacity accounting for more than 50% of the global total. Pentaerythritol can be used in a wide range of fields, such as alkyd resin, polyurethane, rosin pentaerythritol ester, lubricant, etc. China's automobile industry and building industry have developed quickly in the past few years, which led to the increasing demand for coating and paint products, and China has become the largest coating and paint producer in the world since 2009. Under the circumstances, as a major material widely consumed by these mentioned industries, the demand for pentaerythritol in China has been drastically increasing in recent years.

In order to reveal the latest production and market situation of the pentaerythritol industry in China, CCM has conducted a deep study and compiled a relevant report titling Production and Market of Pentaerythritol in China, which is mainly focused on the following aspects:

- Current production situation of pentaerythritol and dipentaerythritol in China
- SWOT analysis of four key pentaerythritol producers in China
- Import and export analysis of pentaerythritol during 2010–2012
- Consumption situation of pentaerythritol during 2009–2012

- Consumption situation of dipentaerythritol during 2010–2012
- Introduction to pentaerythritol production technology
- Supply situation of pentaerythritol’s raw materials
- Competitive power analysis of China’s pentaerythritol industry
- Outlook of pentaerythritol in China, 2013–2017

With regard to the current production situation of pentaerythritol in China, the report features a detailed survey in terms of the supply situation of pentaerythritol’ s major raw materials; price, production, geographical distribution and profiles of domestic pentaerythritol manufacturers. With years’ experience in trade analysis of pentaerythritol in China, CCM has also released a lot of import and export data in relation to pentaerythritol and dipentaerythritol in China during 2010–2012 by volume, value and price respectively. Through these statistics, you can obtain a systematical overview of the import and export situation of pentaerythritol and dipentaerythritol in the past two years, and discover the potentials of these two products.

The consumption pattern of pentaerythritol in China is also worthy of attention. In detail, CCM summarizes the consumption structure of pentaerythritol in China during 2009–2012 and introduces major end users of pentaerythritol by four segments, namely alkyd resin, polyurethane, rosin pentaerythritol ester, and high-grade lubricant. The report also forecasts the consumption of pentaerythritol in the listed four segments during 2013–2017.

The report has been lately issued by CCM in July 2013, which is the 9^th edition of CCM’s series surveys in relation to the pentaerythritol industry in China. For more information, please visit: http://www.cnchemicals.com/ResearchCenter/Report/2285/Production-and-Market-of-Pentaerythritol-in-China-Edition(9)

Consolidation of domestic MSG industry drawing to an end

After years of restructuring, the consolidation of China's monosodium glutamate (MSG) industry appears to be coming to an end, according to CCM’s latest report, Corn Products China News issued in July 2013.  

The MSG is a fermentation product with the high energy consumption and the high pollution, which makes Chinese government strictly limit its development. To tackle these problems, in 2011, the Ministry of Industry and Information Technology of China (MIIT) issued a policy to call for the elimination of older, inefficient plant technology that uses more energy or creates more pollution than a specific industry average. 19 key industries are involved, including the MSG industry.

The MIIT data shows that China eliminated 84,000t/a of inefficient capacity in 2011 and another 143,000t/a capacity in 2012. A further 285,000t/a of capacity will be eliminated in 2013. It is believed that the consolidation of the domestic MSG industry will be completed within this year.

The result has been a massive decline in the number of MSG producers and a major shift in the center for MSG production. In the 1990s, there were more than 200 MSG companies in China. Now there are fewer than 50. Those which remain are bigger and more efficient. Over the last two years, many small producers in the Northern and Eastern areas of the country have closed down, leaving the center of production in the Northeast, Northwest and Inner Mongolia. These areas enjoy a good supply of raw materials and the energy needed to make MSG.

As a result, by 2012 nine of China's top MSG producers had the capacity exceeding 100,000t/a. These nine companies had a combined capacity of 2,980,000t/a - accounting for over 80% of China's total capacity of MSG. Three of the nine are really huge, with more than 300,000t/a capacity and accounting for roughly half of China's total capacity of MSG. They are Fufeng Group Co., Ltd.(Fufeng Group), Meihua Holdings Group Co., Ltd. (Meihua Group) and Henan Lotus Flower Gourmet Powder Co., Ltd. (Henan Lotus).

Normally, big companies could further strengthen their leading positions as the consolidation of the MSG industry undergoing. However, it will not be all smooth sailing for the more efficient giant producers. 

Although many small MSG companies have been eliminated, the total domestic MSG capacity is still increasing, due to capacity expansion by big companies. Fufeng Group's MSG capacity reached 1,000,000t/a in 2012, and the company produced 970,000 tonnes of MSG - up 49% from 2011. Sales climbed 53% to 940,000 tonnes. As a result, as for some big MSG companies which didn't expand their capacities, their market shares are decreasing. 

Increasing capacity has also pushed down prices. Fufeng Group, the biggest MSG company in China, adopted a low-price strategy to capture more market share. Fufeng Group's 2012 annual report shows it sold MSG for 11% less in 2012 than it did in 2011. Rising raw materials prices such as for corn also put pressure on the profit margins. According to the annual reports of Fufeng Group, Meihua Group and Henan Lotus, their profit margins of MSG business all show a down trend.

However, there is no need to be pessimistic. In general, the consolidation is benefit for the long term development for the MSG industry, and the profit margin of MSG may witness a slight rebound in the near future.

Table of Contents of Corn Products China News 1307:

Editor’s note

Headlines

Supply and demand

Consolidation of domestic MSG industry drawing to an end

Crystalline fructose industry faces both opportunities and challenges

Import & export analysis

China's mannitol export volume shows recovery in Jan.-May 2013

Chinese corn products Imp. & Exp. analysis in May 2013

Price update

Price update of corn products in July 2013

Domestic ex-work price of citric acid rebounded in June 2013

Ex-works price of threonine declined in H1 2013

Market and company dynamics

Baolingbao to buy bank financial products with no more than USD65.25 million

Fufeng Group makes the list of top 100 enterprises in light industries again

Policy

China increases temporary reserve price of corn in 2013/2014

Chinese government has approved two GM corns import

Competitiveness

Consumption of wheat used as feed to decline this year

News in brief

China Starch's financial performance to decline in the first five months of 2013

USDC launches preliminary administrative ruling on Chinese citric acid and citrate

Cargill Luohe's high-fructose corn syrup project put into operation

Zhejiang Fuel's bio-fuel ethanol project started

China to complete the target of backward capacities elimination(2011-2015) ahead of schedule

Longlive Bio-technology launched a new functional food containing XOS

Two researches of Longlive Bio-technology pass the approval of experts

Global Bio-chem records a loss in H1 2013

Henan Lotus Flower's brand value reached USD520 million

Sales volume of Changshouhua corn oil ranks first for seven consecutive years

COFCO Corporation made the list of the Fortune Global Top 500 enterprises again

Corn Products China News, a monthly publication issued by CCM on 20^th, features “Supply and Demand”, “Import and Export Analysis”, “Price Update”, “Market & Company Dynamics”, “Policy”, “Corn Supply” and other more information researched and reported by CCM’s professional journalists. It is a reliable intermediate for you to know more about the corn industry in China even in the globe.

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

Competition in domestic xylitol industry may be more intense in the near future

It is predicted that the competition in the domestic xylitol industry will become increasingly intense in the near future because of the relatively serious overcapacity at present and more new production capacity to be launched in the near future, according to Sweeteners China News, issued by CCM in July.

Actually, the overcapacity problem for the domestic xylitol industry at present is relatively serious. According to CCM's investigation, the total capacity of xylitol in China was over 132,000t/a while its national output was only about 67,000 tonnes in 2012, with an operating rate of just over 50%.

The overcapacity in the domestic xylitol industry can be attributed to two reasons as follows.

For one thing, high downstream concentration brought less opportunities to domestic xylitol producers to fully utilize their production capacity. For example, about 81% of the national output of xylitol was consumed by domestic downstream enterprises, and the consumption volume in the domestic sugar-free chewing gum industry accounted for about 86% of the domestic total in 2012. It is obvious that the development of the domestic xylitol industry depends on that of domestic sugar-free chewing gum industry. But in China the market share of sugar-free candy is so small that it limits the development of the domestic xylitol industry. In addition, high dependence on the domestic sugar-free chewing gum industry means that it is difficult for domestic xyltiol producers to sell their products to other downstream industries in China.

For another, some xylitol producers in China rely so much on their export business. But due to the global economic crisis, the demand for China's xylitol from the overseas market declined in 2012. According to China Customs, 11,523 tonnes of China's xylitol was exported to the overseas market in 2012, decreasing by 30.83% year on year. It is believed that the weak demand for China's xylitol from overseas market in 2012 also gave rise to the decline in the operating rate of some domestic xylitol producers, worsening the overcapacity.

Nevertheless, under the overcapacity pressure in the domestic xylitol industry, some enterprises still want to enter the domestic xylitol market, which will further aggravate the overcapacity problem of domestic xylitol industry. For example, Shandong Shenghao Biotechnology Co. Ltd. (Shandong Shenghao, a wholly-owned subsidiary of Shandong Sun Paper Industry Joint Stock Co., Ltd.) took its first step into the domestic xylitol market by investing about USD16.23 million in the establishment of a factory of crystalline xylitol with a capacity of 10,000t/a and of liquid xylitol (50%) with a capacity of 4,000t/a in 2012. And in Jan. 2013, Zhumadian Tianfang Biological Engineering Co., Ltd. (Zhumadian Tianfang) invested as high as USD259.74 million to build a factory, including a production project on xylitol with a capacity of 40,000t/a.  

Once the production projects above come into play, it is likely that the competition in the domestic xylitol industry will become more intense in the near future. On the contrary, it is predicted that the demand for China's xylitol both from home and abroad will not see a significant increase in the near future. The problem of the high downstream concentration is the first obstacle that the domestic xylitol industry should tackle, but it takes time to explore new downstream industries.

The intense competition of domestic xylitol industry finally has a negative effect on the producers' profit. In order to expand their market share, domestic xylitol producers would better decrease their product prices. Since 2012 the average ex-works price of crystalline xylitol in China has shown a downtrend from USD4,417/t in Jan. 2012 to USD4,233/t in May 2013. Though the cost of its raw material–corn cob–was also on a decrease, but the decrease rate was unable to keep pace with the one of xylitol's price. The average ex-works price of corn cob in China was USD77/t in 2012, but it just decreased to USD73/t in the first five months of 2013. It is obvious that by selling the same volume of xylitol domestic xylitol producers gained less net profit than before.

Therefore, more intense the competition in the domestic xylitol industry will be more difficulties in selling the xylitol and lower prices of China's xylitol there will be. In the near future, the price of China's xylitol may continue to decline, leading some producers to withdraw from the industry.

Table of Contents of Sweeteners China News 1307:

Global Sweeteners: collaboration with ADM on selling sweetener products

Changzhou Hanbang launches crystalline neotame

Xiwang Sugar sells its corn processing business

China Starch issues a profit warning

Shandong Longlive launches new kind of food with XOS

Crystalline fructose industry: rapid development in recent years but still challenges in near future

Competition of domestic xylitol industry may be more intense in the near future

Overheating investment in domestic sucralose industry should be noticed

QHT acquires two letters patent on functional oligosaccharide

Growth rate of import volume of liquorice declines in first five months of 2013

China's mannitol: Export volume increases while import volume decreases in Jan. -May of 2013

China exports over 93 tonnes of mogroside in 2012

China's maltitol: export volume decreases by 16.94% YoY in Jan. -April of 2013

Export overview of some sweeteners and raw materials in China, May 2013

Over 33,000 tonnes of HIS consumed in China in 2012

More syrup consumed by China's candy producers to replace sucrose in 2012

China's import volume of sucrose still large from Jan. to May 2013

Strong management on infant formula may improve indirectly consumption of FOS in China

Ex-factory prices of sweeteners in China in June 2013

Sweeteners China News, issued by CCM on 5^th every month, offers timely update and close follow-up of market and company dynamics based on China’s sweeteners industry. It also releases the latest information on raw material supply, price update, import & export analysis as well as consumption trend & competitiveness.

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

Domestic epoxiconazole industry enjoys rapid growth in recent years due to great overseas demand

CCM’s market report, the first edition of Production and Market of Epoxiconazole in China is published in April 2013. Epoxiconazole is a highly effective triazole fungicide widely used to control a variety of crop diseases such as damping off, powdery mildew, and other diseases on grain crops (wheat), economic crops (beet, peanuts), etc. In this updated report, CCM describes the current situation of epoxiconazole industry in China, including capacity, output and key manufacturers of epoxiconazole industry, as well as the overview of the price, export, domestic consumption volume of epoxiconazole industry.

Domestic epoxiconazole capacity has reached 2,200t/a as of March 2013, with the output of about 500 tonnes in 2012. The export volume of epoxiconazole in China has kept increasing since 2010 because of great overseas demand. As for the technical, its export quantity has also increased greatly from 2010 to 2012 with the main destinations including Europe and East Asia. It is predicted that the demand for epoxiconazole in the domestic and overseas markets will increase during 2013–2017.

Production and Market of Epoxiconazole in China covers the situations such as supply & demand, import & export analysis, competitiveness, price update, explaining and forecasting the trends in the future. If you are interested in this report, please feel free to contact us through econtact@cnchemicals.com.

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

Ex-factory price of azoxystrobin technical rallies

Domestic ex-factory price of azoxystrobin technical has begun to rally since late Dec. 2012 as the demand for this fungicide increased mainly from overseas market and the stocks of some leading domestic manufacturers got low. And these main factors stimulating price rise of azoxystrobin technical still exist, indicating that the product's price may continue going up to a certain extent in the next few months of this year, according to Fungicides China News issued by CCM I in February.

Specifically, in late Dec. 2012, the ex-factory price of azoxystrobin 95% TC increased by 5.33% to about USD37,672/t (RMB237,000/t) compared with that in early Dec. 2012. It was not until 8 Jan., 2013 that a majority of domestic manufacturers raised their quoted prices, climbing to around USD38,692/t (RMB243,000/t), up 8.18% over early Dec. 2012. Moreover, this uptrend still prevails in the rest weeks of Jan. 2013. Moreover, it surged to USD39,804/t (RMB248,000/t) in early Feb. 2013.

As a matter of fact, the ex-factory price of azoxystrobin technical plummeted in China in 2010 and 2011 with the capacity expansion. Moreover, it still didn't manage to get rid of the decline trend in 2012.

In detail, the price fall range of azoxystrobin technical was bigger in the first four months of 2012. The ex-factory price of azoxystrobin 95% TC dropped to USD40,915/t (RMB258,000/t) in early April 2012, down 23.06% in comparison with that in early Jan. 2012.

From May to Sept. 2012, the price decline range of azoxystrobin 95% TC was smaller, only 6.74%. And in Q4 2012, the ex-factory price of this fungicide decreased to a relatively low level over the previous three quarters of last year. It is particularly worth noting that the ex-factory price of azoxystrobin 95% TC firstly fell below USD50,000/t (RMB318,471/t) in March 2012, hitting about USD45,904/t (RMB290,000/t), down 13.67% over early Jan. 2012. And it was not until July 2012 that its ex-factory price once again fell below USD40,000/t (RMB254,627/t) to about USD39,273/t (RMB250,000/t).

Thereafter, the ex-factory price of azoxystrobin 95% TC sank all the way and broke below the previous month's low in early Dec. 2012, less than USD36,000/t (RMB226,478/t), slipping to USD35,765/t (RMB225,000/t).

The increasing capacity resulted from more and more domestic agrochemcial companies' launch of their azoxystrobin technical production is the most important factor dragging down the ex-factory price of the product in the past three years. Furthermore, the rapid capacity expansion caused confusion in the market of azoxystobin technical, among which price disorder and malign competition were relatively serious problems.

It is well known that azoxystobin is the most popular fungicide in the world with an annual sales value of over USD1.0 billion at present, which attracted close attention of a large number of domestic agrochemical companies in the past few years. Coupled with the expired patent of the product in 2010, China's capacity of azoxystrobin technical witnessed a jump in 2011, amounting to about 1,500t/a.

Stepping into 2012, domestic companies' enthusiasm for azoxystrobin is not diminished but more inspired. This can be seen from the registration situation of azoxystrobin in China. According to the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA), the new registration quantity of azoxystrobin in 2012 amounted to 37 (not including repacking registration), including 22 for technical and 15 for formulations.

However, a majority of domestic manufacturers have had to reasonably plan production since H2 2012 due to the gloomy demand for azoxystrobin from overseas market and slimmer profit margin. As a result, they have tried to keep stock level low during the past few months, which can make the price right itself little by little.

Coupled with the coming of fungicide export peak season, most of azoxystrobin manufacturers in China have raised their quotations recently. Under the circumstances, the ex-factory price of azoxystrobin 95% TC witnessed a sound soar in the meantime. It is estimated that the ex-factory price of this fungicide will continue going up in the first half of 2013 with the demand push, but its rise range will not be very big due to the intense competition inside this industry.

Table contents of Fungicides China News 1302:

Ex-factory price of azoxystrobin technical rallies

2011-2012 field efficacy tests for 11 new fungicide AIs launched

Epoxiconazole to greatly push up Huifeng Agrochemical's 2013 performance

First batch of merged agrochemical companies released in China in 2013

Qingdao Hailir applying for first domestic registration of cyazofamid

Sinochem Agro launches new fungicide product: flumorph•pyraoxystrobin 25% SC

Chinese fungicides Imp. & Exp. analysis in 2012

Export volume of chlorothalonil technical drops in the first ten months of 2012

Langtai Biotech successfully develops formula of azoxystrobin 80% WG

Zibo Wanchang obtains two patents on azoxystrobin preparation method

Dimethomorph registration soars in China in 2012

New fungicide formulation registrations in 2012

Price update in Feb. 2013

Fungicides China News, a monthly publication issued by CCM on 10^th, releases a wealth of exclusive analysis on market dynamics, company dynamics, import and export data, and other more brief news inside the industry. You may find cooperative opportunities with domestic and international manufacturers, supplier and exporters.

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 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

Abamectin producers are facing the challenge of industry reshuffle

The pesticide is an important class of agricultural chemicals that is closely related to human survival activities. Abamectin is an antiparasitic activity antibiotics and the producing bacteria is Streptomycesavermiti2lis.Abamectin not only have the general characteristics of biological pesticides, but also novel chemical structure, unique mechanism of action, strong insecticidal activity and a broad spectrum insecticide. It is known as a major breakthrough of antiparasitic properties in the past 20 years. At the same time, it is also one of the most popular and competitive products in the market of biological pesticides.

Abamectin manufacturer developing together is an important measure of China Pesticide Industry Association. The abamectin collaborative group, which was established to regulate the market order, actively strengthen communication and contact with relevant government departments, will work together to create sustainable and good environment development. After many years of industrialization development, China has become the largest producer and exporter of global abamectin and has made huge progress in both international and domestic market share, and the product quality. Abamectin has developed into an important insecticide miticide varieties.

It is predicted that abamectin producers are facing the challenge of industry reshuffle. On one hand, pests' resistance to abamectin has been reinforcing, so the growth of demand for abamectin will slow down in the future. On the other hand, abamectin will face more intense competition from foreign products such as chlorantraniliprole, and its cost is rising because of the policy of banning the sale of abamectin ointment. Abamectin technical producers are facing the challenge of industry reshuffle, pests' resistance to abamectin is increasing and the competition from foreign products is becoming more and more intense, who will win in the end? The selling of abamectin ointment has been investigated by GAQSIQ since May 2012, will this event impact on abamectin industry? Domestic market is under pressure, but export volume is increasing. How about the demand of abamectin in recently years?

As the mentioned above, CCM has launched a professional report “Data Report-Abamectin Survey in China”, which may help you to answer the questions. Presenting an in-depth analysis on China’s current abamectin market, this report attaches great importance to the following aspects: supply summary of abamectin technical (capacity, output and key manufacturers), ex-works price, export situation, demand, registrations of abamectin in China, analysis on competing products of abamectin, analysis on investigation of abamectin ointment. The data is based on large number of first-hand information and advanced forecast method. If you want know more about abamectin industry or to invest in the abamectin industry, this report is an indispensable tool for you. If you need any information or data regarding abamectin industry, please feel free to contact us.

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 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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1218.html

Expanding Pentaerythritol Market in China

Driven by the rapid development of China’s economy in the past few years, China’s pentaerythritol industry has witnessed a fast development. With pentaerythritol capacity accounting for more than 50% of the global total, China has been the top production base of pentaerythritol in the world. According to CCM International’s investigation, the output of pentaerythritol is 222,000 tonnes in China in 2011, up by 0.7% over 2010.

The main end use segments of pentaerythritol are alkyd resin, polyurethane, rosin pentaerythritol ester, lubricant, etc. China's automobile industry and building industry developed quickly in the past few years, resulting in the increasing demand for coating & paint, and China became the largest coating & paint producer in the world in 2009. The demand for pentaerythritol is also getting stronger and stronger.

The fast development of China's pentaerythritol industry soon eventuated in overcapacity. The competition among Chinese pentaerythritol producers is getting more intense and the profit of pentaerythritol for most producers is low. The technology problem, environmental protection and appreciation of RMB also affect many pentaerythritol producers in China. For Chinese pentaerythritol producers, how to deal with the existing and emerging challenges? And how would the innovation and industry upgrading be carried out in China’s pentaerythritol industry?

You may find all the answers in CCM International’s 8^th edition report of pentaerythritol - Production & Market of Pentaerythritol in China. Providing you a deep understanding of China's pentaerythritol industry, this report focuses on the following aspects:
- Current production situation of pentaerythritol in China, dipentaerythritol is also detailed
- SWOT analysis of four key pentaerythritol producers in China
- Import and export of pentaerythritol, 2010-2011, dipentaerythritol is also detailed
- Consumption of pentaerythritol 2009-2011 and dipentaerythritol 2010-2011, nearly 40 end users of monopentaerythritol and dipentaerythritol are also listed
- Introduction to pentaerythritol production technology
- Competitive power analysis of Chinese pentaerythritol industry
- Outlook of pentaerythritol in China, 2012-2016

If you need more information, please feel free to reach us at econtact@cnchemicals.com.

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.

Contact

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Address: 17th Floor, Huihua Commercial & Trade Building, No.80 Xianlie Zhong Road Guangzhou 510070, P.R.China

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1154.html