Showing posts with label glyphosate market. Show all posts
Showing posts with label glyphosate market. Show all posts

Wednesday, June 13, 2012

CCM’s Free Glyphosate Webinar to Be Held on Jun. 28, 2012


China remains the world’s top glyphosate production country in recent years, which will play a more and more important role in global glyphosate industry in the next few years. A free webinar talking about China’s glyphosate industry will be held by CCM International at 16:30 (GMT+8, Beijing Time) on Jun. 28, 2012. With the topic of Analysis of China Glyphosate Industry, the webinar will introduce the key influencing factors, latest dynamics and future trends of China’s glyphosate industry.

Stimulated by the huge profit and large demand for glyphosate at the end of 2007 and the first half of 2008, domestic glyphosate companies vied with each other by expanding their capacity or constructing new production lines of glyphosate technical, thus the capacity of Chinese glyphosate technical kept increasing fast from 2006 to 2010. How is the current situation of China’s glyphosate market? What are the influencing factors in this industry?

Being the hottest broad-spectrum non-selective herbicide, glyphosate have dominated the world's herbicide market for the past few years. And it is estimated that the global consumption will increase with a CAGR of over 3.10% during 2012-2016. How will the future glyphosate industry develop in China’s concerning aspects of supply, demand, export, production? What are the hidden challenges and opportunities in this industry?

Anson Chan, Professional Consultant of CCM International and Speaker of this webinar, will share with you his unique perspective and insightful analysis about this promising industry. Grasp this amazing opportunity to obtain the latest market information and discover commercial potential for your business. Come and join us on Jun. 28, 2012.

The following aspects will be covered in this webinar:
1. Current Situation
1.1   Pesticide industry in China
1.2   Government policy
2. Analysis   
2.1   Factors influencing China’s glyphosate industry
2.2   Supply and demand
3. Conclusion and Forecast
3.1 Challenges and opportunities
3.2 Outlook of Chinese glyphosate in the next five years

Just click the following link for registration:
https://cnchemical.webex.com/cnchemical/j.php?ED=190793637&RG=1&UID=1085580317&RT=MiM0NQ%3D%3D, or you can also click the register button on our webpage for getting involved.


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

Friday, October 28, 2011

China's Glyphosate Market Still with Fierce Competition

Since some glyphosate technical manufacturers quit the glyphosate technical business, the problem of overcapacity has been slightly eased in China. However, the fact of serious overcapacity and surplus supply is still a big problem in China's glyphosate industry, and there is still intense competition in this industry.

Take Anhui Shunong Agrochemicals Co., Ltd. (Anhui Shunong) for example, Anhui Shunong used to be a well-known glyphosate technical producer in Anhui Province, but the company can not survive in the fierce competition and it was purchased by a real estate company.

According to CCM International's survey, Anhui Shunong has suspended glyphosate production for more than half a year, and most of the employees have been dismissed in Q2 2011. The company had 5,000t/a glyphosate technical facilities, and glyphosate revenue had approached USD17 million (RMB120 million) in 2008. But it didn’t positively respond to the market challenge and made strategic change when glyphosate market became worse in later 2008. Therefore, it became a victim of the long-term depressed glyphosate market in China.

The dreadful glyphosate market with under-valued price and stagnant demand has forced more and more small and medium-sized glyphosate manufacturers to give up glyphosate business. Manufacturers who keep glyphosate production lines should make changes and develop new profitable products so as to survive in the fierce market.

The above is extracted from CCM’s October Issue of Glyphsoate China Monthly Report. More news please check:
-ChemChina completes the acquisition of 60% shares of MAI, which is the first largest overseas merger in China's agrochemical industry.
-Hubei Sanonda's 15,000t/a glyphosate expansion project is ongoing slowly because the market demand hasn't increased as expected.
-Greenpeace (India) warns glyphosate risk to human and environment and suggests the halt of commercialization process of GM crops in India.
-The U.S. scientist found exposure of significant level of glyphosate in air and water.
-Chinese glyphosate manufacturers strive to seize market left by the ban of glyphosate 10% SL.
-China's glyphosate capacity decreases in 2011, but intensive competition continues.
-Complexation extraction technology for glyphosate recovery from mother liquid is briefly introduced.
-Yellow phosphorus price continues skyrocketing in October 2011, due to the tight supply caused by the electricity shortage in Yunnan Province and Guizhou Province.
-Glyphosate price keeps uptrend in October 2011, contributing a little to manufacturers' profit.
-Glyphosate export volume keeps stable in August 2011, maintaining a relatively high level in 2011.

For more information about CCM’s October Issue of Glyphsoate China Monthly Report, please feel free to contact us at econtact@cnchemicals.com.
 (Guangzhou China, October 18, 2011)

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.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tuesday, October 25, 2011

China's Glyphosate Capacity Decreases but Intensive Competition Continues

Driven by intensive market competition and their powerlessness in product profiting, some glyphosate technical manufacturers have quitted the glyphosate technical business, and the overcapacity has been slightly eased in China. However, the serious overcapacity and surplus supply remain a big problem in China's glyphosate industry, and intensive competition can't be greatly alleviated, according to CCM’s October Issue Glyphsoate China Monthly Report.

In late September 2011, some local media had reported that Anhui Shunong Agrochemicals Co., Ltd. (Anhui Shunong), once a well-known glyphosate technical producer in Anhui Province, was seeking for investors or buyers with a very low quotation (less than USD1 million). In early October 2010, CCM International was informed that Anhui Shunong had been already sold to a real estate company when contacting with Anhui Shunong.

According to CCM International's monitoring and relevant reports, Anhui Shunong has suspended glyphosate production for more than half a year, and most of the employees have been dismissed in Q2 2011. The company had 5,000t/a glyphosate technical facilities, and glyphosate revenue had approached USD17 million (RMB120 million) in 2008.

In fact, compared with some new glyphosate players, the market situation that Anhui Shunong encountered is not the worst. What's more, the company is an old glyphosate technical manufacturer and had gained considerable profit in 2008, and the company should have made strategic change for its further development when glyphosate market became worse in later 2008. The company hasn't positively responded to the market challenge and then become a victim of the long-term depressed glyphosate market in China.

The experience and final destiny may be a good example for small and medium-sized glyphosate technical manufacturers, especially those who have no any other key products except glyphosate and passively undergone the glyphosate market. The long-term (over two years) dreadful glyphosate market with under-valued price and stagnant demand have forced more and more small and medium-sized glyphosate manufacturers to give up glyphosate business, and manufacturers who keep glyphosate production lines also shift their focuses to other products.

According to a survey conducted by CCM International in mid-October 2011, more than 20 companies in China have laid aside or dismantled glyphosate technical production lines, and the total production capacity of glyphosate technical is about ……

Source: Glyphsoate China Monthly Report 1110

Content of Glyphsoate China Monthly Report 1110:
ChemChina completes the acquisition of MAI
Hubei Sanonda's glyphosate expansion ongoing slowly
Greenpeace warns glyphosate safety
Glyphosate safety issue arouses attention again
Chinese glyphosate manufacturers strive to seize market after the ban of 10% SL
China's glyphosate capacity decreases but intensive competition continues
Complexation extraction technology for glyphosate recovery from mother liquid
Yellow phosphorus price continues skyrocketing in October 2011
Glyphosate price keep uptrend in Oct.2011
Glyphosate export volume keeps stable in August 2011

Glyphosate China Monthly Report, a monthly publication issued by CCM International on 20th of every month, 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 all through its new proprietary product ValoTracer.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Monday, August 29, 2011

Glyphosate Market in China Remains Sluggish

CCM’s August issue of Herbicides China News indicates that glyphosate price in China still floats at a low level in the first seven months of 2011.

The average ex-work price of glyphosate 95% technical fluctuates around USD3,500/t in the first seven months of 2011. The low price hurts all glyphosate manufacturers in China. There is limited profit room for glyphosate production nowadays.

Overcapacity in domestic glyphosate manufacture is the main reason for the current sluggish situation. As the most popular herbicide with the largest consumption volume in the world, glyphosate still faces excessive supply at present.

It is estimated that the glyphosate market in China would restore to balance in the future. But this process might take a long time, which means Chinese glyphosate manufacturers should struggle to survive in glyphosate business.

The following highlights are covered in the August issue of Herbicides China News:
-Lier Chemical’s growth of net profit in H1 2011 is attributed to the integration of Jiangsu Kuaida's financial reporting, not caused by actual increase in earning.
-Lianhe Technology met continuous growth in revenue and net profit in H1 2011.
-Nanjing Redsun won final approval for asset reorganization from CSRC.
-Vertellus expands pyridine production chain in China.
-CAC Group's capacities of asulam and fluorochloridone run smoothly at present after the relocation into CAC Nantong.
-Shandong Dacheng relocates a 5,000t/a paraquat capacity and several capacities of insecticides and fungicides as well as chemical materials.
-Huayang Technology sold chloroacetic acid business.
-Chinese herbicide market was repressed in H1 2011 by several adverse factors such as the long-lasting inflation and abnormal climate in home market, as well as debt crisis in EU and the US.
-Poor glyphosate price torments Chinese pursuers.
-Diuron price floats on high level this July with tense supply in China.
-Now Jiangsu Huifeng's 2,4-D is exported to overseas market primarily.
-Jiangsu Repont's 1,000t/a sulfonylurea herbicide project is under civil construction now.
-Amide herbicide witnesses supply shortage in July, leading to the uptrend of its price.
-Lier Chemical will start glufosinate-ammonium production in H2 2011.
-Trifluralin meets price uptrend in July.
 (Guangzhou China, August 25, 2011 )


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.
Please visit
http://www.cnchemicals.com for more information or contact econtact@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

Monday, August 22, 2011

Glyphosate Struggles on Bottom Line

August 22, 2011, CCM - Glyphosate price in China still floats at such a low level in the first seven months of 2011, even though it sees a relatively stable price trend compared with that in corresponding period of 2009 and 2010, the two years severely affected by the financial crisis. Especially repressed by more expensive material this year, over half of glyphosate manufacturers in China suspended their production due to narrowed profit margin currently. As for the current active glyphosate producers, their production status is characterized by low operating rate at present, according to CCM’s August issue of Herbicides China News.

The average ex-work price of glyphosate 95% technical in first seven months of 2011 is higher than that in 2010 or 2009 on the whole. What's more, its price keeps relatively stable and fluctuates around USD3,500/t during this period.

But it's noteworthy greatly that glyphosate 95% technical price is still at relatively low level, about USD3,400/t-USD3,600t/a averagely during Jan. to July 2011. Weakened by slack season around summer and autumn every year in Chinese herbicide market, it is going to decline in the nearest months.

It could be observed that the price downtrend of glyphosate 95% technical is slight, which is supported by current expensive material. As reported in former issues of Herbicides China News, various factors such as the inflation in domestic market, high price of rude oil, disaster in Japan, etc. drive up the price of basic material in China. Accordingly, the jumping production cost of glyphosate forces Chinese manufacturers to maintain current glyphosate price.

Approaching the bottom line of glyphosate technical production nearly, the low price hurts all glyphosate manufacturers in China. According to CCM International's price monitoring, the unit cost of over USD3,000 in glyphosate technical was touched by glyphosate technical price several times in 2009 and 2010. It means that limited profit room of glyphosate production is being narrowed by high material price at present.

As a result, at present, over half of Chinese glyphosate manufacturers choose to suspend their production in order to avoid risk in the production. What's more, due to regular equipment maintenance check during July to Aug. every year, most Chinese glyphosate manufacturers' production is laid aside except a few leading companies like Zhejiang Wynca Chemical Group Co., Ltd. with strong competitiveness and fixed clients.

Generally speaking, overcapacity in domestic glyphosate manufacture is mainly responsible for the sluggish situation. As the most popular herbicide with the largest consumption volume in the world, glyphosate still faces excessive supply at present, though its demand will continue rising in the future.

With Chinese government's economic regulation and market selection, some surplus glyphosate capacities have been swept out already in China. On the current track, it's sure that glyphosate market in China could restore to balance in the future. But, unfortunately, this process will take a long time, signaling that Chinese glyphosate manufacturers must endure large pain in glyphosate business. In other words, only those who can survive should enjoy brilliant prospect.


Content of Herbicides China News 1108:
Lier Chemical witnessed growing net profit in H1 2011
Lianhe Technology achieves planned growth in H1 2011
Nanjing Redsun wins approval for asset reorganization
Vertellus expands pyridine chain in China
CAC Group relocates capacities of asulam and fluorochloridone
Shandong Dacheng relocates 5,000t/a paraquat capacity
Huayang Technology sells chloroacetic acid business
Adverse influences on Chinese herbicide in H1 2011
Supply shortage boasts diuron price in China
Jiangsu Huifeng’s 2,4-D aims at overseas market
Jiangsu Repont constructs 1,000t/a sulfonylurea herbicide project
Amide herbicide supply intense around July
Lier Chemical to run glufosinate-ammonium production in H2 2011
Trifluralin meets price uptrend in July

Herbicides China News, a monthly publication issued by CCM International on 15th of every month, provides you with the latest occurrences, exclusive analysis on the market trend as well as professional reviews on competitiveness of companies, products and relative industries in China’s herbicide industry.

Please visit
http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com