Domestic Pesticide Market Remains Depressed

Statistics from National Bureau shows that China's pesticide output reached 1.92 million tonnes in Q1-Q3 2011, up 15.7% compared with that at the same period last year. Pesticide output in the whole year of 2011 is predicted to reach about 2.5 million tonnes. Although the amount of pesticide output and sales volume in 2011 is predicted to increase to a certain extent, domestic pesticide industry still seems to be trapped in downturn.

According to the 2011 Q3 financial reports of all the listed pesticide companies in China, net profit of Q1-Q3 in 2011 only reached USD100.66 million, down 32.28% compared with that at the same period last year.

Overcapacity is still considered to be the main reason for the depressed domestic pesticide market. At the beginning of 2011, although insiders have ever predicted that domestic pesticide industry may recover in 2011 due to the prediction of price increase of raw materials, the intense competition and lagging price increase of pesticides have made the industry remain in downturn.

Cracking down and standardizing the chaotic pesticide industry, creating orderly production, investing more in new pesticide R&D, etc. are considered to be good ways to ease the downturn in domestic pesticide industry. Unfortunately, things can’t be changed easily. The severe overcapacity problem in China might still hinder the development of domestic pesticide industry in the next few years.

All findings are from CCM International’s Crop Protection China News. If you are interested in this newsletter, please feel free to contact us.

Specific Headline News of Crop Protection China News 1123:

-According to the performance of domestic listed pesticide enterprises in Q1-Q3 2011, the recovery of domestic pesticide industry has not been realized yet. Overcapacity is still the main reason to drag domestic pesticide industry in downturn.

-Some large agrochemical companies in China have encountered troubles in their business due to the implementation of chain store operation mode, which may be the common difficulties for most of them in China.

-An international press conference, held by Bayer AG in Shanghai on 16 Nov., 2011, declared its expansion plans in Asia in the next four years.

-As more pesticide enterprises in China started to register for nitenpyram formulation and technical production, nitenpyram market is predicted to have an upward trend in the coming years.

-High price of toosedarin insecticides impedes its large promotion in China.

-Registration of the first coumoxystrobin mixed formulation, namely coumoxystrobin·tebuconazole 40% SC, will be approved by the Ministry of Agriculture in 2012.

-CMST released the 12th Five-Year Plan of Biotechnology Development (2011-2015) on 28 Nov., 2011 aiming to better support the development of biotechnology.

-46.7 million ha. arable land in  suitable region in China would be subsoiled again till 2015, trying to enter farming cycle "subsoil the same land once every three years".

-There are some emerging corn pests and diseases beginning to spread in 2011, while proxenus lepigone among them broken out is not an original corn pest.

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.

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_919.html

Domestic Pesticide Industry Continues Downturn

According to the data from National Bureau of Statistics, China's pesticide output reached 1.92 million tonnes in Q1-Q3 2011, up 15.7% compared with that at the same period last year. Pesticide output in the whole year of 2011 is predicted to reach about 2.5 million tonnes and domestic demand may reach 308,000 tonnes, based on CCM’s latest issue of Crop Protection China News.

Although the amount of pesticide output and sales volume in 2011 is predicted to increase to a certain extent, domestic pesticide industry still seems to be trapped in downturn.

According to the 2011 Q3 financial reports of all the listed pesticide companies in China, including 20 listed companies that mainly engaged in pesticide production and sales, total revenue of these companies reached USD4.07 billion in Q1-Q3 2011, up 24.07% compared with that at the same period last year. However, the net profit in this period on the other side witnessed slide, reaching USD100.66 million, down 32.28% over Q1-Q3 2010.

Overcapacity is still considered to be the main reason for the downturn of domestic pesticide industry. At the beginning of 2011, although insiders have ever predicted that domestic pesticide industry may recover in 2011 due to the prediction of price increase of raw materials, the intense competition and lagging price increase of pesticides have made the industry remain in downturn.

Domestic pesticide output gradually has surged in recent years, but the domestic demand accounts for merely 1/8 of the total output. As an export-oriented country in pesticide industry, China has a large amount of pesticides exported to oversea market every year. In Q1-Q3 2011, China has accumulatively exported 594,200 tonnes of pesticides, consisting of 158,100 tonnes of insecticides, 377,200 tonnes of fungicides and 58,900 tonnes of herbicides.

Adding up the pesticide amount consumed by domestic market and the export volume, a large amount of pesticides remain in dull sale condition. Aiming to maximize interests and further seize the market share, most of domestic pesticide companies still have the competitive ability to expand the capacity of their products. So far, some pesticides, such as glyphosate, imidacloprid, abamectin and acetochlor, have suffered from serious overcapacity in China.

Glyphosate, an effective herbicide but with tragic destiny in China, is always mentioned when talking about pesticide overcapacity in China. Domestic glyphosate capacity reaches over 720,000t/a in 2011, but the output is predicted to be 300,000 tonnes to 350,000 tonnes. With dim consumption capability in oversea market and low consumption amount in domestic market, downturn of domestic glyphosate industry continues in 2011. Performance of some main glyphosate manufacturers in China mirrored the downturn in Q1-Q3 2011, such as Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. and Anhui Huaxing Chemical Industry Co., Ltd.

Acetochlor, a herbicide used in large dry farmland, also faces overcapacity this year. Its total capacity reaches 140,000t/a in 2011, but only 10,000 tonnes and 20,000 tonnes are consumed in domestic market and oversea market respectively.

Business of products like imidacloprid and abamectin are even more difficult in China in 2011. Serious product homogenization, overcapacity and impact from foreign products such as chlorantraniliprole have made enterprises face even larger pressure.

At present, pesticide export is still considered to be an efficient way to ease the overcapacity pressure in China. However, fundamental problems can't be solved by only depending on pesticide export. As more and more high-level pesticides with low toxicity and residue, and improved pesticide effect developed by foreign pesticide giants, the pesticide demand in oversea market will indirectly decrease. Cracking down and standardizing the chaotic pesticide industry, leading to orderly production, more investment in new pesticide R&D, etc. are considered to be good ways to ease the downturn in domestic pesticide industry. Unfortunately, it is more easier said than done, and serious overcapacity in China may still continue in the next few years.

Source: Crop Protection China News 1123

http://www.cnchemicals.com/Newsletter/NewsletterDetail_16.html

Content of Crop Protection China News 1123:

Domestic pesticide industry continues downturn

Chain operation mode in agrochemical field faces challenge in China

Bayer CropScience to expand in China

China's nitenpyram market predicted to have an upward trend

High price impedes promotion of toosedarin insecticides

Registration of coumoxystrobin·tebuconazole 40% SC to be approved in 2012

Policy to further support bio-pesticide

China plans to subsoil 46.7 million ha. arable land again in suitable region till 2015

New corn diseases and insect pests increase in 2011

Crop Protection China News, a semimonthly publication issued by CCM International on 15th and 30th(31st) of every month, aims to gain a deep insight into Chinese market, supply the latest market data and strategy support, analyze the newest legislation and policy and grasp the future market trend.

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.

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_w_903.html

Top 10 TiO2 Manufacturers Emerge in Chinese TiO2 Market

CCM’s October issue of TiO2 China Monthly Report shows you top 10 Chinese TiO2 Manufacturers newly emerged.

A selection of "Top 10 Chinese TiO2 companies 2011" was successfully carried out on 9 Oct. 2011. Sichuan Lomon, Shandong Dongjia, Henan Billions and seven other companies were in the top 10 list.

Aiming to provide a better understanding of domestic TiO2 companies and more cost-effective TiO2 products for coating companies, China Coating Purchase Net (www.icoat.cc), a famous coating medium in China, hosted the event.

The result of the selection comes from three-month online poll and industrial survey on 37 candidates. It raises much attention among people because it is not only based on output and sales volume of each TiO2 company, but also on the popularity and cost performance of products, credit standing and development prospect of each company.

And it is a great opportunity for Chinese TiO2 producer to learn from each other’s advantage in the selection.

Headline news of October Issue of TiO2 China Monthly Report:

-China's TiO2 export volume continues to decline in Aug. 2011

-Henan Billions doubles net profit in Q3 2011, but lower profit growth expectation for full year 2011.

-CNNC Huayuan extends maintenance period for its 200# production line.

-Annada gets high net profit growth in Q3, while worries about Q4.

-Pangang Group does well in the production of TiO2 and titanium feedstock.

-Tronox integrates Exxaro's mineral sands to support its TiO2 production.

-Argex Mining advances toward TiO2 production with CTL's technology

-China's architectural coating output growth slows down this year.

-TiO2 price slump continues in Oct. China's market.

If you are interested in CCM’s TiO2 China Monthly Report, please feel free to contact us at econtact@cnchemicals.com.

(Guangzhou China, October 26, 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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_778.html

Top 10 Chinese TiO2 Manufacturers Come out

On 9 Oct. 2011, a selection of "Top 10 Chinese TiO2 companies 2011" completed successfully. Sichuan Lomon, Shandong Dongjia, Henan Billions and other seven companies were selected. The acknowledgment marked good competitive strength of each selected companies, according to CCM’s October issue of TiO2 China Monthly Report.

The selection is initiated and conducted by China Coating Purchase Net (www.icoat.cc), a famous coating medium in China. It aims at providing better understanding of domestic TiO2 companies and more cost-effective TiO2 products for coating companies.

The result of the selection comes from three-month online poll and field survey on 37 candidates. The selection becomes worthy of note because it is not only based on output and sales volume of each TiO2 company, but also on the popularity and cost performance of products, credit standing and development prospect of each company.

For China's TiO2 producers, to learn from each other in the selection is more important than the result.

According to the analysis by China Coating Purchase Net, domestic TiO2 market is unsaturated by now, but remarkable growth is stunted by the shortage of titanium feedstock, low investment in R&D, strict environmental protection policy, etc. Foreign TiO2 producers spend many efforts on improving product quality and developing new products, so it's easy for them to occupy China's market, especially for high-end products.

(Guangzhou China, October 26, 2011)

Source: TiO2 China Monthly Report 1110

http://www.cnchemicals.com/Newsletter/NewsletterDetail_7.html

Content of TiO2 China Monthly Report 1110:

China's TiO2 export volume continues to decline in Aug. 2011

Henan Billions doubles net profit in Q3 2011

CNNC Huayuan extends its maintenance period to mid-Oct.

Annada gets high net profit growth in Q3, while worries about Q4

Pangang Group overfufils production plan by Sept. 2011

The Top 10 Chinese TiO2 Manufacturers come out

China's titanium feedstock import situation in Aug. 2011

Tronox to integrate mineral sands and TiO2 production

Argex Mining advances TiO2 production with CTL's technology

China's architectural coating output growth slows down

China's ink company selected as global ink industry leader

TiO2 price slump continues in Oct. China's market

What's behind TiO2 prices decrease in China market?

TiO2 price increase in North America in Q4 2011

Editor’s Note

China saw some improvements in its economy last month. Its manufacturing PMI rose by 0.3% to 51.2 in Sept. 2011 compared with that in Aug. Meanwhile, its CPI growth rate fell to 6.1%, showing a slowdown in growth for the second consecutive month.

In Q3 2011, China sees a 9.1% year-on-year increase in GDP, which is lower than the growth rates of 9.5% in Q2 and 9.7% in Q1 this year. It reflects China's economic growth has slowed down.

Domestic TiO2 prices slump in this month, with the mainstream prices for rutile TiO2 falling to USD2,830/t by mid-Oct. 2011. China's TiO2 producers worry about the profit growth of TiO2 in Q4, though many remain high growth in Q3 2011.

By the end of Sept. 2011, China has started building 9.86 million units of affordable housing, 98% of the amount planned for this year. In the building material industry, the architectural coating industry will continue to be the major beneficiary of these projects. However, the coating industry in China has entered an off-season now, which suggests the demand of TiO2 will be weaker.

TiO2 China Monthly Report, a monthly publication issued by CCM International on 25th of every month, will penetrate into Chinese TiO2 market from a global view, deeply analyse TiO2 industrial chain and manufacturers’ competitiveness and trace the latest industrial hotspots and dynamics, aiming to provide the most valuable information about China’s TiO2 industry.

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

China’s TiO2 Price Continues to Slump in October 2011

October issue of TiO2 China Monthly Report was newly published by CCM. In this issue,  it is reported that TiO2 price slump continues in China's market in October 2011

However, China saw some improvements in its economy last month. The manufacturing PMI in China increased by 0.3% to 51.2 in Sept. 2011 compared with that in Aug 2011. In Q3 2011, China sees a 9.1% year-on-year increase in GDP, which is lower than the growth rates of 9.5% in Q2 and 9.7% in Q1 this year,  reflecting China's economic growth has slowed down.

Domestic TiO2 prices slump with the mainstream prices for rutile TiO2 falling to USD2,830/t by mid-Oct. 2011. China's TiO2 producers worry about the profit growth of TiO2 in Q4 2011, though many remain high growth in Q3 2011.

For more details about China’s TiO2 price slump and What's behind TiO2 prices decrease in China’s market, please pay attention to CCM’s TiO2 China Monthly Report, which will keep you update the latest news in China’s TiO2 market.

Main Content of October Issue of TiO2 China Monthly Report:

-China's TiO2 export volume continues to decline in Aug. 2011

-Henan Billions doubles net profit in Q3 2011

-CNNC Huayuan extends its maintenance period to mid-Oct.

-Annada gets high net profit growth in Q3, while worries about Q4

-Pangang Group overfufils production plan by Sept. 2011

-The Top 10 Chinese TiO2 Manufacturers come out

-China's titanium feedstock import situation in Aug. 2011

-Tronox to integrate mineral sands and TiO2 production

-Argex Mining advances TiO2 production with CTL's technology

-China's architectural coating output growth slows down

-China's ink company selected as global ink industry leader

-TiO2 price slump continues in Oct. China's market

-What's behind TiO2 prices decrease in China market?

-TiO2 price increase in North America in Q4 2011

If you are interested in CCM’s TiO2 China Monthly Report, please feel free to contact us at econtact@cnchemicals.com.

(Guangzhou China, October 26, 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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_777.html

Promising Future of Modified Starch in China

At present, modified starch industry in China situates in a growing stage; it's believed that there's still plenty of room for its further development, according to CCM’s September issue of Corn Products China News.

China's total output of modified starch reached about 1.24 million tonnes in 2010, realizing a 17.4% year-on-year growth. Paper industry and food industry are still the top two largest downstream markets of modified starch in China in 2010 and 2011.

In fact, modified starch industry in China is still not fully developed yet, with a promising future laying ahead. Statistics show that the per-capita consumption volume of modified starch in China was only 1 kg in 2010, while it averaged out at 1.2 kg all over the world, and that of the US reached 10 kg. Thus, the industry in China has great room for development.

Besides, the first national standard for modified food starch will be published in the future, which can promote the further fast development of modified food starch industry.

For the further development of domestic modified starch industry, producers should pay much attention to the development of  proper varieties and expansion of product mix so as to enter a new market and cater to specific demand from customers. Domestic producers should also improve R&D capability so that modified starch industry in China can develop better and faster.

The following highlights are covered in Corn Product China News 1109:

-China's corn starch industry puts on good performance in H1 2011, with some major producers' -gross profit margins seeing a slight increase over H1 2010.

-Output of modified starch in China witnessed a 17.4% increase in 2010 over 2009.

-Both China's import and export volume of corn products witnessed an uptrend in July 2011, especially the former one with a 1,035% rise over the previous month.

-Domestic price of citric acid has witnessed a downtrend since July 2011 due to sluggish demand from export.

-China's average price of lysine remains high and stable in Sept. thanks to booming market demand.

-Technical Specifications for Treatment of Monosodium Glutamate Industrial Wastewater (draft) will be issued in the near future, which can further increase the industry concentration.

-Global Bio-chem puts on great performance in H1 2011, posting a gross profit margin increased to 24% from 16% in H1 2010.

-Despite the slight year-on-year decline in gross profit margin in H1, Fufeng Group is hopefully puts on great performance this year.

-Northeast Pharmaceutical changes its pricing benchmark of raising non-public offering of stock to 3 Sept. 2011 from 22 June 2011 due to its bad performance in H1 2011.

-Global Sweeteners decides to carry out capacity expansion during 2011 and 2013, covering corn starch, HFCS, crystalline glucose and maltodextrin.

-DDGS price in China stays at a high level in Sept. and it may continue in the near future.

-Corn output in 2011 is expected to witness a rich harvest in China, and corn price may stay relatively stable in the rest months this year.

For more information about Corn Product China News, please feel free to contact us at econtact@cnchemicals.com

(Guangzhou China, September 22, 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

China's Modified Starch Output Posts 17.4% Growth in 2010

According to China Starch Industry Association (CSIA), China's total output of modified starch reached about 1.24 million tonnes in 2010, realizing a 17.4% year-on-year growth thanks to brisk demand. At present, modified starch industry in China situates in a growing stage; it's believed that there's still plenty of room for its further development, according to CCM’s September issue of Corn Products China News.

According to CCM's report Future of Modified Starch in Asia Pacific published in Dec. 2010, China's total capacity of modified starch reached 1.68 million t/a in 2010. Over 30 producers own capacity of over 10,000t/a; among them, only two have the capacity beyond 100,000t/a: Zhucheng Xingmao Corn Developing Co., Ltd. (Zhucheng Xingmao) and Guangxi Mingyang Bio-chem Technology Co., Ltd. (Guangxi Mingyang). It's believed that paper industry and food industry are still the top two largest downstream markets of modified starch in China in 2010 and 2011, so the specifiations of modified starch applicable to be used in both industries are more popular in China than other kinds.

In fact, modified starch industry in China is still not fully developed yet, with a promising future laying ahead. According to CSIA, the per-capita consumption volume of modified starch in China was only 1 kg in 2010, while it averaged out at 1.2 kg all over the world, and that of the US reached 10 kg. Thus, the industry in China has great room for development.

In H1 2011, it's believed that the indsutry also performed well. According to Global Bio-chem Technology Group Company Limited (Global Bio-chem), one of the leading modified starch producers in China with capacity of 80,000t/a in 2011, its sales volume and gross profit of modified starch increased by 23% and 117% in H1 2011 over H1 2010. The increase in sales volume, as explained by the company, is the flourishing market of paper industry.

Besides, a national standard for modified food starch will be published in the future, which can promote the further fast development of modified food starch industry. This first specific national standard for modified food starch can regulate the production and guarantee the product quality. In March 2011, the draft of the standard was approval by a group of experts from Standardization Administration of China, CSIA, some leading producers and so on. Players in the industry are looking forward to the publication and taking effect.

For the further development of domestic modified starch industry, producers should pay much attention to develop proper varieties and expand product mix so as to enter a new market and cater to specific demand from customers. Large and strong global modified starch players have many advantages in the market competition for they are superior in R&D and technology innovation. It's believed that given domestic producers' strengthening of R&D capability, modified starch industry in China can develop better and faster in the future.

Source: Corn Product China News 1109

http://www.cnchemicals.com/Newsletter/NewsletterDetail_6.html

Content of Corn Products China News 1109:

China's corn starch industry enjoys good development in H1 2011

China's modified starch output posts 17.4% growth in 2010

Chinese corn products Imp. & Exp. analysis in July 2011

Citric acid price shows a downtrend in China

China's lysine price runs high and stable in Sept.

First environmental policy on MSG to come out in China

Global Bio-chem's gross margin posts 8% year-on-year increase in H1 2011

Fufeng Group sacrifices H1 gross margin for better future prospect

VC's bad performance blocks Northeast Pharmaceutical's fund raising

2011-2013, time for Global Sweeteners' grand plan

China's DDGS price sees uptrend in Sept. 2011

China to enjoy rich corn harvest in 2011

Corn Products China News, a monthly publication issued by CCM International on 20^th of every month, reveals the driving force of news stories and deeply analyzes the influence of trends and dynamics on domestic and international corn deep processing industry.

For more information about Corn Product China News, please contact us at 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