With the great improvement in China's glyphosate market and glyphosate business profitability in 2012, China's three listed glyphosate companies all witnessed good performance in 2012 unexpectedly, with their Y-o-Y net profit growth all exceeded 500% in 2012. In detail, the export value of glyphosate produced by Anhui Huaxing, Nantong Jiangshan and Zhejiang Wynca was about USD20.65 million, USD282.23 million and USD399.77 million in 2012, respectively.
Nufarm Limited (Nufarm) released an announcement, claiming that its exclusive distribution right for Roundup branded glyphosate in Australia and New Zealand are to be terminated on 28 Aug.2013. But afterwards, Sinochem Group, a Chinese company, will take over the exclusive distribution right of Roundup branded glyphosate in Australia and New Zealand. It’s estimated that the Nufarm’s glyphosate revenue in Australia and New Zealand will decrease in the short term and Sinochem Group will achieve a great operating performance in the glyphosate business there.
Glyphosate Export Analysis offers the target products’ export volume, price, source/destination countries, specification, application, as well as the information of exporters and manufacturers, etc. In addition, Glyphosate Export Analysis has an extra service of Manufacturer-to-Buyer analysis and can definitely help you make quicker and wiser decisions.
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