Glyphsoate China Monthly Report 1107- Annual Subscription

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Aug 08, 2011, 04:44 ET

NEW YORK, Aug. 8, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

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Editor Notes

Resulting from the slack season of oversea demand, glyphosate price experiences a slight decrease in July 2011, from the undervalued price. The dreadful glyphosate market has made many producers loss the market confidence of glyphosate, and many glyphosate manufacturers plan to suspend production or exit the market. There are only about 12 active manufacturers at present.

The demand for glyphosate hasn't seen growth, but the cost pressures from domestic financial policy and international currency exchange rate have been aggravating the glyphosate industry. On July 6, 2011, Chinese government raised the loan interest for the third time this year, resulting in increasing financial cost for glyphosate manufacturers. Moreover, the continuous RMB appreciation has made glyphosate manufacturers undergo great pressure in profit gain.

Although the H1 2011 financial report of these listed glyphosate manufacturers haven't been released yet, the preannouncement of Nantong Jiangshan's profit loss has shown the ongoing depressed glyphosate market.

What will Chinese glyphosate industry go further? CCM International will trace the latest market info and carry out in-depth analysis for clients.

Headline

Nantong Jiangshan preannounced its preliminarily estimated profit, reporting a profit loss of USD3.64 million (RMB23.5 million).

Zhejiang Wynca's endless technology innovation secures its leading position in glyphosate industry

Monsanto's Roundup incentive program is under investigation by the U.S. Security and Exchange Commission.

The deadline for ChemChina's acquisition to MAI has been extended to the end of September 2011.

APG is considered as a promising substitution of tallow amine adjuvant.

Chinese company recommends the joint application of glyphosate and paraquat

RMB appreciation and heightened interest rate aggravate glyphosate industry.

Glycine destiny is tied up with glyphosate for its high dependence on glyphosate consumption.

Glyphosate price slightly decreases in July 2011 due to the slack season in overseas market.

Glyphosate export volume decreases in May 2011, reflecting the stagnant overseas market.

Companies Mentioned

Zhejiang Wynca Chemical Industrial Group Co., Ltd.?Nantong Jiangshan Agrochemical & Chemicals Co., Ltd.?Anhui Huaxing Chemical Co., Ltd.; Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.

Nantong Jiangshan suffers from profit loss in H1 2011

Zhejiang Wynca: Endless technology innovation secures its leading position in glyphosate industry

Monsanto's Roundup incentive program under investigation by SEC

ChemChina to complete its acquisition to MAI in September 2011

APG considered as promising substitution of tallow amine adjuvant

Joint application of glyphosate and paraquat

RMB appreciation and heightened interest rate aggravate glyphosate industry

Glycine destiny tied up with glyphosate

Glyphosate price slightly decreases in July 2011

Glyphosate export volume decreases in May 2011

To order this report:

Pesticide Industry: Glyphsoate China Monthly Report 1107- Annual Subscription