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

Date:01-18-2017

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%
Export value, million USD
61.0
65.5
7.4%
Pesticide formulations
Export volume, tonne
25,698
23,669
-7.9%
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
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
Source: China Customs; Think Real
 
 
 
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