NEW YORK, April 7, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Glyphsoate China Monthly Report 1103
http://www.reportlinker.com/p0471049/Glyphsoate-China-Monthly-Report-1103.html
Chinese glyphosate manufacturers have undergone a depressed glyphosate market in 2010, with both price and export volume seeing significant decrease. And most glyphosate manufacturers, even listed ones have suffered profit loss. For instance, Nantong Jiangshan Agrochemical & Chemicals Co., Ltd., the second largest glyphosate technical manufacturers in China, reported a negative gross profit in glyphosate business in 2010.
Fortunately, the proportion of export volume of glyphosate formulations, especially those
with high content, enjoyed high growth in 2010, reflecting China's technology improvement of glyphosate formulations and the increasing acceptance of Chinese glyphosate formulations in overseas market.
ISAAA recently reported a growth of 10% in planting area of GM crops in 2010 over 2009, with Brazil seeing the largest absolute increase. The planting of GM crops is considered to be the largest driving force of the future glyphosate demand. But the use of GM crops for food hasn't been approved
in those developing countries with large area of farmland. Will the GM crop see high growth in the future and thus drive the high growth in glyphosate demand?
Anhui Huaxing Chemical Industry Co., Ltd. experienced loss for the first time since it has got listed.
Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. achieved a positive net profit of USD4.68 million (RMB30.78 million) in 2010.
Jiangsu Good Harvest-Weien Agrochemical Co., Ltd. enjoys amazing growth in glyphosate business in 2010, thanks to its strong comprehensive competitiveness.
Brazil has maintained the largest growth in planting area of GM crops in the world. However, Brazil's glyphosate import from China saw a sharp decrease in the 2010.
A recent survey, a part of CCM International's unique project Commercial Opportunities Derived from Global Glyphosate Industry, has shown that most professionals deem that the planting of global GM crops is still the main driving force of future glyphosate demand growth.
In February 2011, State Intellectual Property Office of China disclosed a patent application named Preparation and Usage of Glyphosate Dimer applied by Shenzhen Noposion Agrochemicals Co., Ltd.
Glyphosate mother liquid treatment technology in glycine route is briefly
reviewed.
Glyphosate market situation remains stable in March 2010, with the prices of all glyphosate products fluctuate at a small range (less than 5%), reflecting the stagnant demand in overseas market.
The export of glyphosate WSG (Water Soluble Granule) formulations has enjoyed a 24.31% growth in 2010.
In January 2011, compared with the corresponding period of last year, export volume of glyphosate technical saw a sharp decline, while gyphosate export price enjoyed a significant increase.
Anhui Huaxing experiences first loss since listed
Nantong Jiangshan enjoys postive profit
Good Harvest-Weien enjoyed high growth in glyphosate export in 2010
Brazil reported to have the largest growth of GMO crops planting in 2010
GM crop planting maintains the first driving force of global glyphosate demand
China develops glyphosate dimer
Review of mother liquid treatment technology in glycine route glyphosate
Glyphosate price keeps stable in March 2011
Chinese glyphosate WSG export volume up 24.31% in 2010
Glyphosate export price maintained uptrend in January 2011
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.
To order this report:
: Glyphsoate China Monthly Report 1103
Check our Company Profile, SWOT and Revenue Analysis!
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