Glyphsoate China Monthly Report 1206 - Annual Subscription

• Publication date: June 2012
• Report size: 14 pages

The glyphosate market seems well in China in H1 2012, as many active glyphosate producers claimed that the supply was relatively tight and glyphosate price maintained at a profitable level in the first half of 2012. Inspirited by the provisionally profitable glyphosate market, some suspended glyphosate production lines resume production in H1 2012. Some overseas buyers and domestic traders complain that Chinese glyphosate price has increas...

The glyphosate market seems well in China in H1 2012, as many active glyphosate producers claimed that the supply was relatively tight and glyphosate price maintained at a profitable level in the first half of 2012. Inspirited by the provisionally profitable glyphosate market, some suspended glyphosate production lines resume production in H1 2012.
Some overseas buyers and domestic traders complain that Chinese glyphosate price has increased too much in H1 2012. In fact, the increase of glyphosate technical price in H1 2012 is a rational improvement from the undervalued glyphosate price, and most Chinese glyphosate technical manufacturers can't obtain much profit from the price uptrend in H1 2012.
It's an exciting thing that glyphosate price could maintain stable under the background of price downturn of bulk chemicals in May and June this year. How will the Chinese glyphosate market go on if the stagnant global economy lasts in the second half of 2012?

Zhejiang Wynca sets foot in China's seed industry to gain more profit and diversify operating risk.
Chongqing Sanxia Paints acquires Sanxia Yingli 20% equity for the sake of selling the whole assets of Sanxia Yingli and extricating the quagmire of glycine business.
Nantong Jiangshan announces to transfer all equity of Dongchang Chemical, which severed as a strategic glycine supplier for Nantong Jiangshan's glyphosate production before.
Zhejiang Wynca, Nantong Jiangshan and Anhui Huaxing all suffer loss in Q1 2012.
Zhejiang Wynca recently launches 78% glyphosate IPA SG in domestic market.
China government enforces inspection of 10% glyphosate AS in retail market.
Farmers like to buy and pesticide retailers like to sell bulk glyphosate AS.
BASF has invented AS formulation containing glyphosate and saflufenacil.
Export volume of glyphosate technical increases but price changes slightly in April 2012.
Glyphosate price keeps stable in June 2012.

Pesticide Industry in China

Zhejiang Wynca set foot in China's seed industry
Chongqing Sanxia to extricate from quagmire of glycine
Nantong Jiangshan to sell glycine-supply subsidiary
Zhejiang Wynca, Nantong Jiangshan and Anhui Huaxing all suffer loss in Q1 2012
Concept and differentiation of 78% glyphosate IPA SG on marketing
China to enforce inspection of 10% glyphosate AS
Farmers like to buy and pesticide retailers like to sell bulk glyphosate AS
Mixed formulation containing glyphosate and saflufenacil
Glyphosate price keeps stable in June 2012
Export volume of glyphosate technical increase but price change slightly in April 2012

Companies mentioned
Zhejiang Wynca;Chongqing Sanxia;Sanxia Yingli;Nantong Jiangshan; Dongchang Chemical; Anhui Huaxing;BASF