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China's glyphosate export value up 8% month-on-month in January 2015qrcode

Apr. 30, 2015

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Apr. 30, 2015

According to the data released by the Chinese General Administration of Customs, China’s glyphosate export volume increased by 9.0% to 63,426 tonnes in January 2015 compared with December 2014, with value up 7.9% to $187.7 million.
 
In January 2015, the glyphosate technical export volume and value went up by 16.1% and 13.2% respectively, reaching 26,195 tonnes and $106.3 million month on month.

The export volume of glyphosate formulations recorded an increase of 4.5% to 37,232 tonnes, and export value increased by 1.7% to $81.5 million compared with the previous month. There are 10 specifications of the product exported, including 41% IPA (glyphosate-isopropylammonium AS), 51% IPA, 62% IPA and etc.

Export volume and value of glyphosate by specifications from China in Jan. 2015
Specification
Export volume (tons)
Export value ($ mn)
41% IPA
26,294
51.0
95% TC
25,750
104.5
62% IPA
4,091
10.2
51% IPA
3,564
7.9
75.7% WSG
2,178
8.6
48% IPA
455
0.9
88.8% WSG
420
2.2
96% TC
418
1.6
78% WSG
178
0.6
74.7% WSG
40
0.1
97% TC
27
0.2
55% SP
12
0.04
Total
63,426
187.7
















 

The price of technical glyphosate presented a downward trend in January 2015.Most of glyphosate formulations’ prices also saw negative growth or kept stable compared with the previous month.

There are 151 companies exported glyphosate from China in January 2015. In terms of export volume, Sichuan Leshan Fuhua Tongda Agro-chemical Technology Co., Ltd. ranked first, with export volume of 9,300 tonnes, followed by Shandong Weifang Rainbow Chemical Co., Ltd., Zhejiang Wynca Chemical Group Co., Ltd., Jiangsu Good Harvest-Weien Agrochemical Co., Ltd. and Zhenjiang Jiangnan Chemical Co., Ltd.

Top ten exporters of glyphosate from China by volume in Jan. 2015
Ranking
Company
Export volume
(tons)
1
Sichuan Leshan Fuhua Tongda Agro-chemical Technology Co., Ltd.
9,300
2
Shandong Weifang Rainbow Chemical Co., Ltd.
6,900
3
Zhejiang Wynca Chemical Group Co., Ltd.
6,000
4
Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.
4,000
5
Zhenjiang Jiangnan Chemical Co., Ltd.
3,700
6
Zhejiang Jinfanda Bio-Chemical Co., Ltd.
2,500
7
Youth Chemical Co., Ltd.
2,400
8
Zhejiang Jinfanda Import and Export Co., Ltd.
2,200
9
Nantong Jiangshan Agrochemical & Chemical Co., Ltd.
1,800
10
Changzhou Eastchem International Trade Co., Ltd.
1,300

The glyphosate products were exported to 93 countries and regions worldwide, and the major export destinations are Australia, Argentina, Brazil, the United States and Nigeria. A total of 39,716 tonnes of glyphosate with value of $ 125.3 million, was exported to the top ten destinations ranked by volume, accounting for 62.62% and 66.75% of the total export volume and value that month respectively.
Top ten export destinations of glyphosate from China by volume in Jan. 2015
Ranking
Export destination
Export volume
(tons)
1
Australia
9,300
2
Argentina
5,600
3
Brazil
4,800
4
The United States
4,700
5
Nigeria
3,300
6
Ghana
3,200
7
Indonesia
2,500
8
Vietnam
2,400
9
Thailand
2,000
10
Cote d'Ivoire
1,900

 If you want to know more information about China agchem market, please subscribe to China Agrochemical Market Monthly Report.

China Agrochemical Market Monthly Report is published every mid month, providing you with fresh news in China Agrochemical market, including Market Dynamics,Company & Product Dynamics,Regulations & Policies updates, to provide assistance in exploring the investment and business opportunities in China.
 

Source: Think Real

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