AgroPages-China exports 47,200 tonnes of glyphosate in Sept. 2016, growing by 6.2%-Agricultural news

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By Think Real - According to statistics by Think Real, in Sept. 2016, China exported 47,200 tonnes of glyphosate in Sep. 2016, growing by 6.2% year on year; the export value of the product was USD107.6 million, down by 1.5%.

The export price of the mainstream glyphosate slipped in the month year on year. The average export price of 95% glyphosate technical was USD2.78/kg while it was USD3.24/kg in the same period last year.

In the month, 141 enterprises exported glyphosate products from China, 8 less than last year. The top five ones by export volume of the product included Fuhua Tongda Agro-chemical Technology Co., Ltd., Shandong Weifang Rainbow Chemical Co., Ltd., Nantong Jiangshan Agrochemical & Chemical Co., Ltd., Jiangsu Good Harvest-Weien Agrochemical Co., Ltd. and Zhejiang Wynca Chemical Group Co., Ltd.

The products were exported to 77 countries and regions around the world, the same with that in the same period last year. The main export destinations were Australia, Brazil, the US, Argentina and Malaysia. The top ten by export volume imported 38,300 tonnes of glyphosate from China, which valued USD92.0 million, accounting for 81.1% and 85.5% of the total respectively.

Table 10: Export of glyphosate in China by specification, Sept. 2016

Specification	Volume, tonne
95% TC	23,074
41% IPA	10,403
51% IPA	5,549
74.7% WSG	3,015
62% IPA	2,103
Total	47,200

Source: China Customs; Think Real

Table 11: Export of glyphosate technical and formulations in China, Sept. 2015 and Sept. 2016

Item		Sept. 2015	Sept. 2016	YoY change
Pesticide TC	Export volume, tonne	18,770	23,555	25.5%
Pesticide TC	Export value, million USD	61.0	65.5	7.4%
Pesticide formulations	Export volume, tonne	25,698	23,669	-7.9%
Pesticide formulations	Export value, million USD	48.2	42.1	-12.7%

Source: Think Real

Table 12: Main glyphosate products’ export volume and export price in China, Sept. 2015 and Sept. 2016

Specification	Sept. 2015			Sept. 2016
Specification	Volume, tonne	Avg Price, USD/kg	Value, million USD	Volume, tonne	Avg Price, USD/kg	Value, million USD
95% TC	18,434	3.24	59.8	23,074	2.78	64.1
75.7% WSG	3,007	3.62	10.9	3,015	3.25	9.8
41% IPA	14,371	1.51	21.6	10,403	1.35	14.0
62% IPA	3,444	1.88	6.5	2,103	1.65	3.5

Source: Think Real

Table 13: Top ten exporters of glyphosate in China by volume, Sept. 2016

No.	Exporter
1	Fuhua Tongda Agro-chemical Technology Co., Ltd.
2	Shandong Weifang Rainbow Chemical Co., Ltd.
3	Nantong Jiangshan Agrochemical & Chemical Co., Ltd.
4	Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.
5	Zhejiang Wynca Chemical Group Co., Ltd.
6	Zhenjiang Kenso Agrochemical Co., Ltd.
7	Zhenjiang Jiangnan Chemical Co., Ltd.
8	Hangzhou Nutrichem Co., Ltd.
9	China Jiangsu International Economic Technical Cooperation
10	Youth Chemical Co., Ltd.

Source: China Customs; Think Real

Table 14: Top ten export destinations of glyphosate in China by volume, Sept. 2016

No.	Export destination	Export volume, tonne
1	Australia	12,800
2	Brazil	7,400
3	United States	5,400
4	Argentina	3,800
5	Malaysia	2,100
6	Indonesia	1,800
7	Vietnam	1,500
8	Uruguay	1,300
9	South Africa	1,100
10	Thailand	1,000