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China exports 88,714 tonnes of glyphosate in May 2016, up by 36.5% YoY

Date:09-09-2016

According to statistics by Think Real, in May 2016, China’s export volume and value of glyphosate were 88,714 tonnes and USD188.5 million, which respectively increased by 36.5% and 15.2% year on year.
 
The export prices of several mainstream glyphosate specifications slipped in May month on month. For instance, the average export price of 95% glyphosate technical was USD2.76/kg while it was USD3.53/kg in the same period last year.
 
Table 1: Export of glyphosate in China by specification, May 2016
Specification
Volume, tonne
41% IPA
39,153
95% TC
29,874
75.7% WSG
8,333
62% IPA
6,008
51% IPA
2,852
48% IPA
1,648
96% TC
198
78% WSG
190
88.8% WSG
155
43% AS
129
33% AS
96
74.7% WSG
34
55% SP
25
61% IPA
20
Total
88,714
Source: China Customs; Think Real
 
In the month, 205 enterprises exported glyphosate products from China, 17 more than that in the same month last year. Top enterprises in terms of export volume of glyphosate were 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.
 
Home-made glyphosate was exported to 94 countries and regions, less than the 96 in May 2015. The products were mainly exported to Brazil, the US, Thailand, Argentina and Australia. The top ten countries/regions in terms of import volume imported 55,035 tonnes of glyphosate from China, which totaled USD124.5 million, accounting for 62.0% and 66.0% of the national total respectively.
 
Table 2: Top ten exporters of glyphosate in China by volume, May 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
Zhejiang Jinfanda Bio-Chemical Co., Ltd.
7
Zhenjiang Jiangnan Chemical Co., Ltd.
8
Youth Chemical Co., Ltd.
9
Cropstar Chemical Industry Co., Ltd.
10
Sinochem Agro Co., Ltd.
Source: China Customs; Think Real
 
Table 3: Top ten export destinations of glyphosate in China by volume, May 2016
No.
Export destination
Export volume, tonne
1
Brazil
12,000
2
United States
8,400
3
Thailand
6,100
4
Argentina
5,400
5
Australia
5,400
6
Ghana
5,100
7
Nigeria
4,500
8
Malaysia
2,900
9
Vietnam
2,900
10
Russia
2,500
Source: China Customs; Think Real
 
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