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Glyphosate China Monthly Report

  • ID: 2818695
  • February 2016
  • Region: China
  • 36 Pages
  • CCM Information
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China's export volume of glyphosate A.I. witnessed a big increase in 2013

Paraquat, glufosinate-ammonium, diquat and dicamba will affect the domestic demand for glyphosate. In this article, The author gives an in-depth analysis on these 4 products.

Since the long-term application of single glyphosate fomulations, the challenge of weeds resistant to glyphosate affect the service life of the glyphosate market to some extent. Now insiders in the industry expect more from the glyphosate mixed formulations to solve relevant problems.

Diethanolamine, as one of the important raw materials in the production process of glyphosate, its price trend directly influences the fluctuations of glyphosate price. In 2015, both the prices of diethanolamine and glyphosate records declines, forming a vicious circle.

For investment institutions, it means a good opportunity when glyphosate companies plan to withdraw from glyphosate business or sell relevant assets of glyphosate or even sell the stock rights. The mainstream glyphosate manufacturers in China exert great influence on the future market trend of glyphosate. In this article, The author will present the opinions of personnel from 6 glyphosate manufacturers on investment institutions,’ involvement READ MORE >

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In-depth analysis on 4 products affecting glyphosate demand
Will glyphosate mixed formulations prolong service life of glyphosate?
Falling price of diethanolamine hard to support glyphosate price in 201 5
Opinions of industry insiders on investment institutions' involvement in glyphosate industry
China’s mainstream glyphosate enterprises convene to discuss current situation of glyphosate industry in Beijing
Forecast on demand situation of China's pesticide market in 201 6
China’s glyphosate market to remain in doldrums in 201 6
Zhejiang Wynca further accelerates business transformation
Henan HDF signs purchase contract on glyphosate TC with Shanghai Chengpu
Sichuan Fuhua reduces glyphosate TC price for third time in Dec.
Nantong Jiangshan plans to acquire assets by stock issuing
Zhejiang Wynca receives USD6.54 million from CDB Investment and Development Fund
Dezhou Chemical reduces isopropylamine price for twice in Dec.
Hebei Chengxin plans to suspend iminodiacetonitrile production line for overhaul
Glyphosate TC: MoM fall of 3.83% in ex-works price in Dec. 201 5
Glyphosate TC: MoM rise of 24.95% in export volume in Oct.
MOA approves maximum residue limit of glyphosate in food
China's PMIDA market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)
China's glycine market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)
China's IDAN market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)
China's yellow phosphorus market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)
China's phosphorus trichloride market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)
China's isopropylamine salt market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)
China's paraformaldehyde market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)
China's chloromethane market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)
China's methylal market in first work week of Dec. 201 5 (1 Dec.-4 Dec.)

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In 2015, China's glyphosate market continues to remain in downturn. What's worse, the development of domestic glyphosate enterprises also get stuck in bottleneck. Sun Shubao, President of China Crop Protection Industry Association pointed out that the stagnant glyphosate industry was affected by many factors. Of these, the falling grain price and oil price are the major factors leading to decreasing demand for glyphosate. In addition, the improving glyphosate resistance, the policy on zero growth of pesticide consumption and the dissenting voices from the international market all limit the development of glyphosate.

2015 is coming to an end, but the glyphosate market still not encounter any favorable factors yet. The 2015 market will end with price drops. In the second half of Dec., the market still remains in downturn and the price continues dropping. At present, part of glyphosate purchasers still hold wait-and-see attitude towards the glyphosate market. Most of glyphosate AS processors purchase based on actual demand due to less orders currently. Some of them even suspend production of related glyphosate products to cope with the market downturn. Part of enterprises reflected that at present, domestic orders are relatively less and purchases at home and abroad have low enthusiasm for purchasing. Purchasers want to further lower the transaction price in the face of the declining glyphosate price. But suppliers are unwilling to reduce the price. The market has been deadlocked. Since the overseas market is still undergoing the Christmas holiday, it is predicted that the market turnover of glyphosate will be weak. Purchasers are still expecting for the price reduction.

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- Zhejiang Wynca Chemical Industry Group Co., Ltd.
- Henan HDF Chemical Co., Ltd.
- Sichuan Fuhua Tongda Agro-chemical Technology Co., Ltd.
- Nantong Jiangshan Agrochemical & Chemical Co., Ltd.

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