Glyphsoate China Monthly Report 1207

• Publication date: July 2012
• Report size: 15 pages

Glyphosate market sounds nice in the summer of 2012! Glyphosate price has kept uptrend in Q2 2012, and many active producers claimed that glyphosate supply is still tight. The stocks of listed glyphosate producers attract investors' favor again, and the stock price rises and even hits limit up one after another. Not only the stock rises, but the operating performance of glyphosate producers also improves further. Some glyphosate producers rele...

Glyphosate market sounds nice in the summer of 2012! Glyphosate price has kept uptrend in Q2 2012, and many active producers claimed that glyphosate supply is still tight.
The stocks of listed glyphosate producers attract investors' favor again, and the stock price rises and even hits limit up one after another. Not only the stock rises, but the operating performance of glyphosate producers also improves further. Some glyphosate producers released announcement and claimed that they have achieved estimated profit in Q2 2012 because of the enhancing profitability of glyphosate.
Glyphosate has witnessed a decline sine H2 2008, and the low price lasted in 2010 and 2011. Many glyphosate manufacturers without strong competitiveness have been eliminated from the market in the past tragic three years, which leaves some market share to the survivors. Will the rising stocks price of glyphosate producers be a signal that the glyphosate market improves essentially? Will the enhancing profitability of glyphosate last till the second half of 2012?

Pesticide Industry in China

Editor Notes
Glyphosate market sounds nice in the summer of 2012! Glyphosate price has kept uptrend in Q2 2012, and many active producers claimed that glyphosate supply is still tight.
The stocks of listed glyphosate producers attract investors' favor again, and the stock price rises and even hits limit up one after another. Not only the stock rises, but the operating performance of glyphosate producers also improves further. Some glyphosate producers released announcement and claimed that they have achieved estimated profit in Q2 2012 because of the enhancing profitability of glyphosate.
Glyphosate has witnessed a decline sine H2 2008, and the low price lasted in 2010 and 2011. Many glyphosate manufacturers without strong competitiveness have been eliminated from the market in the past tragic three years, which leaves some market share to the survivors. Will the rising stocks price of glyphosate producers be a signal that the glyphosate market improves essentially? Will the enhancing profitability of glyphosate last till the second half of 2012?

Headline

Sichuan Shuncheng Chemical Co., Ltd. plans to launch 150,000t/a PMIDA production lines at the end of 2012.

Sichuan Hepu's 40,000t/a IDAN project which met stalled construction will receive additional investment of USD37.8 million from its shareholders Sichuan Chemical Co., Ltd. and Sichuan Chemical Industry Holding (Group) Co., Ltd.

Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. received total insurance indemnities of USD0.51 million in June 2011, which doesn't have significant contribution to the company's fund shortage.

Sichuan Fuhua Tongda Agro-chemical Technology Co., Ltd. keeps its cost advantage in glyphosate business through endless technology improvement.

Scientists from Purdue University have found that the microorganisms may play a significant role in weeds' resistance to glyphosate.

China's glyphosate industry is briefly overviewed in H1 2012 .

Enhancing profitability of glyphosate stimulates stock prices of listed glyphosate producers such as Nantong Jiangshan, Zhejiang Wynca and Jiangsu Yangnong.

Glyphosate potassium only dominates rather small market share in China at present, which needs further promotion in the future.

Glyphosate technical price keeps uptrend in July 2012.

Glyphosate technical export volume witnesses MoM decrease of 14.99%, while export price enjoys MoM growth of 4.15% in May 2012.

Companies Mentioned

Zhejiang Wynca;Nantong Jiangshan; Sichuan Shuncheng; Sichuan Hebang; Sichuan Province Salt Industry Co., Ltd.; Sichuan Hepu; Sichuan Chemical Co., Ltd.; Sichuan Chemical Industry Holding (Group) Co., Ltd. ; Lutianhua; Chongqing Unisplendour Gas Chemical Co., Ltd.; Nantong Branch of China Pacific Property Insurance Co., Ltd.;Sichuan Fuhua ; Monsanto ; Jiangsu Yangnong; Hubei Sanonda ; Nanjing Redsun ;Syngenta; Bayer;