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

Date:04-30-2015

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

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