Find Hot News in Glyphsoate China Monthly Report 1306

Published on the 20^th every month, Glyphsoate China Monthly Report is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Glyphsoate market dynamics, analyze the market data and trends. Major columns include the latest information and in-depth analysis on market trends, supply and procurement opportunities in raw materials and intermediates, technology process, price updates, new policies and company dynamic, etc.

Following are headline news of the latest issue of Glyphsoate China Monthly Report:

Glyphosate technical price decreases slightly in June 2013

Glyphosate technical price decreases slightly in June 2013.

China's glyphosate companies actively expand overseas business

Given that the overseas market has become more and more important and operating in diversification can make the income diversified, some China's glyphosate companies have actively expanded the overseas glyphosate market and other overseas business. These glyphosate companies include Nantong Jiangshan, Zhejiang Wynca, Sichuan Fuhua, etc.

Hengyang Roymaster's Jinyan Chemical Plant is ordered to rectify for environmental illegality

Hengyang Roymaster's Jinyan Chemical Plant was ordered to shut down and rectify for environmental illegality on 24 May, 2013, and the rectification was ordered to be completed before the end of Nov. 2013, meaning that it will be hard for Hengyang Roymaster to resume its 12,000t/a glyphosate production line before that time.

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

In order to establish key market indicators for China's rice industry, CCM carried out a survey concerning rice planting in Hunan Province's Changde, Yueyang and Hengyang since Dec. 2012, showing that glyphosate is one of the most important herbicides for weeding in these three districts in 2012.

The export volume of glyphosate technical decreases 14.31% in April 2013

The export volume of glyphosate technical decreases 14.31% in April 2013.

Glyphosate ammonium salt is the mainstream registration in May 2013

Among the 19 glyphosate product registrations in May 2013 the registration of glyphosate ammonium salt accounted for about 50% of the total, which implies that glyphosate ammonium salt was still the mainstream registration in May 2013.

Air pollutant emission standard for pesticide industry to be released by the end of 2014

China's Ministry of Environmental Protection claimed in April 2013 that it will release Air Pollutant Emission Standard for Pesticide Industry by the end of 2014, thus the glyphosate manufacturers in China will have a targeted air pollutant emission standard.

Nantong Jiangshan issues short-term financing bond

For the sake of repaying its short-term loan, Nantong Jiangshan issued the first phase of short-term financing bond of 2013 and received the financing bond's total amount of USD57.16 million (RMB350 million) on 22 May,2013.

Anhui Huaxing accomplishes non-public issuing stock plan

Anhui Huaxing claimed that it has completed the deal with CEFC Shanghai that CEFC Shanghai acquired the additional non-public shares issued by Anhui Huaxing with total investment of about USD314.76 million (RMB1,931.02 million), and thus CEFC Shanghai becomes the controlling shareholder of Anhui Huaxing with total shock proportion of 60.78%.

Environmental protection inspection storm to attack glyphosate industry

On 21 May, 2013, China's Ministry of Environmental Protection released a document——Notice Regarding the Environmental Protection Inspection against Glyphosate (PMIDA) Manufacturers, and the inspection will last to 2015, meaning that environmental protection inspection storm will keep attacking glyphosate industry for about 2 years and 6 months.  

About CCM

As a leading market research consulting company in China with more than 10-year-experience, 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.

Contact

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Find Hot News in Glyphsoate China Monthly Report 1303

Published on the 20^th every month, Glyphsoate China Monthly Report is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Glyphsoate market dynamics, analyze the market data and trends. Major columns include the latest information and in-depth analysis on market trends, supply and procurement opportunities in raw materials and intermediates, technology process, price updates, new policies and company dynamic, etc.

Following are headline news of the latest issue of Glyphsoate China Monthly Report:

Anhui Huaxing’s operating profit surges in 2012

Anhui Huaxing Chemical Industry Co., Ltd. announced a flash report about its operating performance in 2012, showing that its operating profit was about USD17.01 million (RMB106 million) in 2012, up by 218.39% over 2011.

Nantong Jiangshan's equity proportion of Dongchang Chemical decreases again

Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. released an announcement about the second "Capital and share increase" plan of its affiliated company—Nantong Dongchang Chemical Co., Ltd., showing that Dongchang Chemical had successfully introduced a new investor with an investment of about USD8.87 million, and Nantong Jiangshan was degraded from the second biggest shareholder of Dongchang Chemical to the third biggest shareholder after the deal, with its equity proportion down to 30.078% from 46.640%.

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

Nufarm Limited 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, and Sinochem Group, a Chinese company, will take over the exclusive distribution right of Roundup branded glyphosate in Australia and New Zealand.

The global GM crop planting area reaches 170.3 million hectares in 2012

International Service for the Acquisition of Agribiotech Applications released its updated Global Status of Commercialized Biotech/GM Crops 2012 report, showing that global's planting area of GM crops set the new record of 170.3 million hectares in 2012, and Brazil maintaining the largest growth rate in planting area of GM crops globally in 2012.

China cancels PMIDA's export tax rebate

According to a record from the China's State Administration of Taxation updated on 20 Feb., 2013, PMIDA's 13% export tax rebate rate has been cancelled since 1 Jan., 2013, meaning that China's exported PMIDA will no longer enjoy the rebate, which will increase PMIDA's export cost and further reduce PMIDA's export volume.

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

After the depressed glyphosate market since 2009, some glyphosate manufacturers withdrawn from market, which increased the industrial concentration of China's glyphosate to a great extent in 2012. In the meantime, export share competition between China's top seven glyphosate manufacturers didn't show the signs of easing, but instead it remain fierce in 2012.

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

The promulgation of No. 1558 Decree greatly affected the research dynamic of the glyphosate industry in China, and the number of both glyphosate companies which carry out the research about glyphosate wastewater treatment techniques and the researches about glyphosate wastewater treatment techniques being applied to patent rose.

Lier Chemical successfully registers glyphosate•triclopyr in Feb. 2013

There is only one glyphosate registration in China in Feb. 2013, namely mixed glyphosate formulation—glyphosate·triclopyr SP (registration No. LS20130040), which contains 50% of glyphosate and 10% of triclopyr.

Glyphosate prices rise slightly in March 2013

Glyphosate prices rise slightly in March 2013.

The export volume of glyphosate formulations increases by 30.72% in Jan. 2013

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

About CCM

As a leading market research consulting company in China with more than 10-year-experience, 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.

Contact

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

Fax: 86-20-37616968

Find Hot News in Glyphsoate China Monthly Report 1212

Published on the 20^th every month, Glyphsoate China Monthly Report is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Glyphsoate market dynamics, analyze the market data and trends. Major columns include the latest information and in-depth analysis on market trends, supply and procurement opportunities in raw materials and intermediates, technology process, price updates, new policies and company dynamic, etc.

Following are headline news of the latest issue of Glyphsoate China Monthly Report:

Zhejiang Wynca to acquire 70% equity of Golden Sunshine Mining

Zhejiang Wynca's wholly-owned subsidiary——Wynca Hong Kong is trying to acquire the additional 70% share Golden Sunshine Mining in Ghana at USD6 million, indicating that Zhejiang Wynca is preparing to set foot into mining industry.

Nantong Jiangshan to acquire 90% equity of Ladda Group

Nantong Jiangshan is trying to acquire 90% equity of Ladda Group in Thailand at USD33.6 million, but it will be a very difficult thing because of Nantong Jiangshan's tight fund chain.

Anhui Huaxing divests real estate business

Anhui Huaxing transfers its last 51% equity of Anhui Huaxing Construction Investment and its total creditors' right of about USD8.45 million to Guoneng Business, and Anhui Huaxing will receive about USD21.73 million after the deal.

Chongqing Sanxia sells Sanxia Yingli

Chongqing Sanxia transfers its 100% equity and creditor right of Chongqing Sanxia Yingli to Chongqing Medical Purple Eagle at USD22.47 million, but Sanxia Yingli can't achieve great improvement in glycine business though its controlling shareholder will change after the deal.

Australia resumes anti-dumping investigation on China's formulated glyphosate

Australia Customs and Border Protection Service resumes anti-dumping investigation on China's formulated glyphosate products, which doesn't evoke great market responses in China.

Organophosphate Pesticides Industrial Pollutants Discharge Standard may hard to release in 2013

Organophosphate Pesticides Industrial Pollutants Discharge Standard may be hard to be released in 2013 attributed to its low acceptance and recognition.

Overview of China's public patent application related to glyphosate waste treatment in 2012

As of 12 Dec., 2012, China's State Intellectual Property Office has released 17 public patent applications related to glyphosate wastewater treatment, and half of the 17 applications are about the removal technology of phosphorus and nitrogen in glyphosate wastewater, and the other half is about the recycling technique of by-products in glyphosate wastewater.

Glyphosate price decreases slightly in Dec. 2012

Glyphosate price decreases slightly in Dec. 2012.

Overview of China's glyphosate price in 2012

In 2012, the average prices of glyphosate technical, glyphosate formulations and PMIDA all have achieved great improvement, which are the highest ones since 2010, especially glyphosate technical whose average price in 2012 increases by about 25.21% YoY.

Glyphosate technical price increases by 6.98% MoM in Oct. 2012

Glyphosate technical price increases by 6.98% MoM in Oct. 2012. 

About CCM

As a leading market research consulting company in China with more than 10-year-experience, 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

Email: econtact@cnchemicals.com

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Operating performance of four listed glyphosate companies may improve further in H2 2012

The market situation of glyphosate has improved in H1 2012, which may last and improve the operating performance of four listed glyphosate companies further in H2 2012, according to CCM’s September Issue of Glyphsoate China Monthly Report.

If the improved market situation of glyphosate last in H2 2012, it's estimated that four listed glyphosate companies' operating performance will improve further in H2 2012, or even they all can be profitable this year (TABLE 5).

On 28 Aug., 2012, Zhejiang Wynca Chemical Industry Group Co., Ltd. (Zhejiang Wynca) released its 2012 semi-annual report and claimed that it would achieve an estimated profit of about USD4.26 million (RMB27 million) in Q3 2012, and thus Zhejiang Wynca would achieve break even in net profit attributed to shareholders in the first nine months of 2012.

On 22 Aug., 2012, Anhui Huaxing Chemical Industry Co., Ltd. (Anhui Huaxing) released its 2012 semi-annual report and claimed that it would achieve an estimated profit of about USD2.13-2.92 million (RMB13.5-18.5 million) in Q3 2012, and thus Anhui Huaxing would achieve net profit of about USD1.26-2.05 million (RMB8-13 million) in the first nine months of 2012.

The other two listed glyphosate companies, Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. (Nantong Jiangshan) and Jiangsu Yangnong Chemical Co., Ltd. (Jiangsu Yangnong), both achieved good net profit in H1 2012, and it's estimated that the two companies would maintain their good performance in the second half of this year.

The demand for glyphosate from overseas is still very strong in Q3 2012 and is likely to last till  Q4 2012, which will promote the export volume of the four companies further. It's estimated that the revenue in the four companies would remain stable in H2 2012, or even exceed that of the first half of this year.

In H1 2012, the export volume of glyphosate A. I. from Zhejiang Wynca, Nantong Jiangshan and Jiangsu Yangnong has increased by 16%, 20% and 61% respectively, with export value increasing by 41%, 42% and 94% accordingly over that in H1 2011 (FIGURE 7). Because of the mismanagement and shortage of operating funds, Anhui Huaxing didn't grab the sales opportunity in H1 2012, and its export volume and value of glyphosate A. I. decreased by 33% and 16% respectively. After the completion of acquisition by a strong company, namely CEFC Shanghai Oil Group Co., Ltd., Anhui Huaxing's problem of operating fund shortage and mismanagement would be improved greatly, which would have a good effect on Anhui Huaxing's operating performance in H1 2012.

The prices of yellow phosphorous, glycine, IDAN and PMIDA have increased little in Q3 2012, but the prices of these raw materials except yellow phosphorous will not increase greatly in Q4 2012 due to the overcapacity and limited demand under the situation of slow development in China's manufacture industry. Besides, the price of glyphosate is still increasing in Q3 2012, and it's likely to maintain at a high level in Q4 2012 mainly due to the strong demand for glyphosate and strict environmental protection policy, which will promote the situation of profit in the four companies further.

The development of China's manufacture industry was very low in H1 2012 and this situation is likely to last in H2 2012, which meant that the prices of raw materials for producing glyphosate including yellow phosphorous will not increase greatly in H2 2012. According to the announcement from National Bureau of Statistics of China, the Purchase Management Index (PMI) was 49.2% in Aug, 2012, down 0.9 percentage point over that in previous month, which was the first time to decrease below the gloom-boom index of 50 in China in 2012.

Besides, the quantity of restarting production in small and medium-sized glyphosate producers would not be too much due to the high cost in environmental protection, leading to the limited increase in  glyphosate supply, and thus the price of glyphosate will stay at a high level in H2 2012. It's heard that China's Ministry of Environmental Protection will carry out a check in China's pesticide industry, and the companies which can't reach the waste treatment standard will be ordered to stop production.

Furthermore, in H1 2012, the operating rate and gross profit margin of glyphosate business of Zhejiang Wynca, Nantong Jiangshan and Jiangsu Yangnong in H1 2012 was about 100%, 90%, 70% and 11%, 5%, 10% respectively, all increased over that in H1 2011. The operating rate of Anhui Huaxing in H1 2012 was about 39%, down 17 percentage points over that in H1 2011, but its gross profit margin in glyphosate business was 9%, up seven percentage points over that in H1 2011. After solving the problem of operating fund shortage, it's estimated that the operating rate of Anhui Huaxing would increase in H2 2012.

According to CCM' s  analysis report on glyphosate price, as to Aug. 2012, the price of glyphosate technical was about USD4,646/t, up 22% over that in Jan. 2012 (FIGURE 7).

The prosperity in China's glyphosate industry resulting from the improved market situation of glyphosate is a special scenery in China's bleak chemical industry at present, but for the glyphosate producers which have witnessed the miserable situation in China's glyphosate industry in the past three years, how to improve the operating performance would be the most important thing in H2 2012 and the future coming years.

Source: Glyphsoate China Monthly Report 1209

http://www.cnchemicals.com/Newsletter/NewsletterDetail_14.html

Content of Glyphsoate China Monthly Report 1209:

Zhejiang Wynca suffers huge profit loss in H1 2012

Anhui Huaxing can't turn loss into gain in H1 2012

Jiangsu Yangnong: Glyphosate business promotes its operating performance in H1 2012

Nantong Jiangshan is unsuccessful to sell glycine-supply subsidiary——Dongchang Chemical

Operating performance of four listed glyphosate companies may improve further in H2 2012

China's glyphosate industry: Market integration is accelerating in 2012

Overview of export rebate abolishment in China's glyphosate technical from August 2009 to July 2012

Zhejiang Wynca achieves breakthrough on treatment technique of glyphosate wastewater

Glyphosate price continues to surge in September 2012

Export price of glyphosate technical increases by 3.17% in July 2012

Glyphosate China Monthly Report, a monthly publication issued by CCM International on 20^th 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.

For more information, please visit http://www.cnchemicals.com.

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Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1222.html