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Glyphosate China Monthly Report

Publication: Monthly on the
Published by CCM

Glyphosate China Monthly Report provides you with real-time intelligence on China's glyphosate market.
 
China is the world's largest producer of glyphosate, with 80% of the glyphosate produced in China being exported. Glyphosate is also still by far the most popular herbicide among Chinese farmers.
 
However, the industry is facing a number of serious long-term challenges. Increasing crop resistance threatens to make glyphosate less attractive to farmers, while research linking the product to cancer could lead to several key export markets banning the product altogether. Meanwhile, Chinese producers are struggling to comply with tough new environmental regulations and cope with severe industry overcapacity.
 
Glyphosate China Monthly Report will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire glyphosate industry chain, from raw materials to end consumption. This includes:
      
  • Breaking news from China and abroad
    •   
  • The latest market data, including price information for raw materials, intermediates and end products, import/export data, production, consumption, operating rates, etc.
    •   
  • In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
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  • Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations
Glyphosate China Monthly Report is also available as a monthly newsletter, which can be downloaded in PDF format. For more information, you can download a free sample below, or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.

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Main Content of Glyphosate China Monthly Report 202201

Price of this issue :
USD 333

Published on 29th January, 2022

Published on 29th January, 2022

Published on 29th January, 2022

Published on 29th January, 2022

Published on 29th January, 2022

Published on 29th January, 2022

Published on 29th January, 2022

Published on 29th January, 2022

Published on 29th January, 2022

Published on 29th January, 2022

Published on 27th January, 2022

Published on 27th January, 2022

Published on 27th January, 2022

Published on 27th January, 2022

Published on 27th January, 2022

Published on 27th January, 2022

Published on 27th January, 2022

Zhenjiang Jiangnan's "technical renovation project of production devices for glyphosate-isopropylammonium AS and glyphosate ammonium AS" recently passed the post-completion acceptance inspection for environmental protection, which was conducted by the company itself. As the company completed this project, Zhenjiang Jiangnan's respective production capacity for 41% glyphosate-isopropylammonium AS and 62% glyphosate-isopropylammonium AS has been increased to 10,000 t/a; capacity for 33% glyphosate ammonium AS has been increased to 20,000 t/a.

Published on 26th January, 2022

In the second half of Jan. 2022, the ex-works prices of glyphosate TC in China slightly dropped, down 3% MoM and down 1.3% compared with that in early Jan. This is mainly because the Spring Festival is closing in, the demand of downstream companies has become sluggish; the prices of major raw materials for glyphosate TC dropped.

Published on 26th January, 2022

As of Jan., 2022, Beiyuan Group's 120,000 t/a glycine project is still under construction and has not been able to supply glycine so far. The date for official production initiation has not been set. It is not likely that Beiyuan Group can officially commence glycine production and set foot in glycine industry in the short term. But in the long run, Beiyuan Group has advantages in raw materials, power supply, and production technologies, which will help the company advance the glycine project in an accelerated way.

Published on 26th January, 2022

On 13 Jan., 2022, Hebang Biotechnology released its earnings guidance for 2021, which suggests that the company's performance figures for 2021 will achieve huge YoY increases. The ex-works prices of glyphosate TC had been continuously climbing in 2021; the ex-works prices of PMIDA also climbed in 2021. The price rise of those two products is one of the major contributors to the growth of Hebang Biotechnology's financial performance for 2021.

Published on 24th January, 2022

Taking into consideration the quotation prices of yellow phosphorus manufacturers from every major producing area, the ex-works prices of yellow phosphorus in the second half of Jan., 2022 went up by roughly 3%–4%, compared with that in the first half of Jan. As the Spring Festival is closing in, the embarrassing situation, where the commodity is highly priced but nearly no one wants to buy it, has emerged in the yellow phosphorus market. However, the price uplift is estimated to continue in the near future. Such estimation is based on manufacturers' increasing costs of raw materials and rising expenditures on energy.

Published on 21st January, 2022

According to the ICAMA, one of Zhejiang Wynca's products, a SG formulation product containing 71% glyphosate, was approved for registration in early Jan., 2022. The registration results were publicised. Zhejiang Wynca has been continuously expanding its glyphosate formulation product line. Meanwhile, the company is taking full advantage of the export tax rebate policies and stepping up its effort to expand its share in the overseas glyphosate market.

Published on 19th January, 2022

Indonesia issued a ban on its coal exports in Jan. 2022. Indonesia is the world's largest thermal coal exporter. However, judging by the position of coal imports from Indonesia in China's coal supply chain, it is nearly impossible for the ban to impose much negative impact on the coal supply and coal prices in China.

Published on 17th January, 2022

This article provides ex-works prices of glyphosate products, related intermediates and raw materials in the first half of Jan., 2022. These products include glyphosate TC, glyphosate 41% IPA, glyphosate 50% SP, glyphosate 62% IPA, glyphosate 75.7% WSG, glycine, IDAN, DEA, PMIDA, yellow phosphorus, phosphorus trichloride and isopropylamine.

Published on 13th January, 2022

In the first half of Jan., 2022, the operating rates of major glyphosate TC manufacturers in China dropped further. However, the downtrend in their operating rates is not likely to continue in the remaining time before Spring Festival. It is estimated that the operating rates of those manufacturers will pick up before Spring Festival.

Published on 12th January, 2022

According to the import and export data provided by Tranalysis, China exported 115,680.17 tonnes (actual volume) or 77,887.20 tonnes (100% AI volume) of glyphosate products to 28 export destinations in Q2 2021, including the US, Brazil, Indonesia, Nigeria, Argentina, etc.

Published on 11th January, 2022

It was announced in late Dec., 2021 that the SASAC will steadily promote carbon dioxide peaking and carbon neutrality in Chinese central SOEs, by sticking to previously-released Working Guidance. According to the objectives in the Working Guidance, by the end of 14th Five-Year Plan period (2021-2025), the central SOEs' comprehensive energy consumption volume per RMB10,000 (USD1,567) of output value will be lowered by 15%; the central SOEs' emissions of carbon dioxide per RMB10,000 (USD1,567) of output value will be lowered by 18%; the proportion of installed capacity of renewable energies will surpass 50%; the proportion of strategic emerging industries' revenue will reach 30%. During the process, the Chinese government will give priority to industries with high emissions of carbon dioxide, which include coal-fired power, steel, non-ferrous metal, building material, and petrochemical, so as to let central SOEs that are adequately equipped be the first to achieve the goal of carbon dioxide peaking.

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