China Glyphosate Industry Report, 2009 Glyphosate is the pesticide with the fastest growth rate rate, the most yield and export volume, growing at approximately 15% annually. Now, China's current annual output of glyphosate reaches 300,000 tons, and the production capacity 600,000 tons. Affected by international supply and demand, the market price of glyphosate in China has soared from RMB30, 000/ton since the beginning of 2007 2007, but glyphosate has still been in short supply supply. Especially in 2008, the price was up to RMB100, 000/ton in March and April. The market demand in the second half of 2008 declined with the economic trends, glyphosate prices plummeted to RMB25,000/ton or less in 2009. O t t off Glyphosate, Output Gl h t 2002 -2008 2008 Source: ResearchInChina Glyphosate prices are currently incurred by a large number of glyphosate enterprises, which have offered different prices, so the market is in chaos. Now, a lot of companies have limited or even stopped their production. However, as a good kind of herbicide, glyphosate is unlikely to be substituted in quite a long time. After market reorganization, it is expected that a great number of glyphosate enterprises will cease production, and capacity utilization will drop further. The contradiction between supply pp y and demand will be eased in 2010,, and the p price is expected p to rebound then. Table of Contents • 1 Overview of Glyphosate Industry • 3.3.1 Operation • 1.1 Introduction • 3.3.2 Production Capacity & Process • 1.2 Primary Application of Glyphosate • 3.4 Yangnong Chemical • 3.4.1 Operation • 3.4.2 Production Capacity & Process • 2 Demand and Supply • 2.1 Demand • 2.2 Supply • 23P 2.3 Price i • 3 Key Companies • 3 1 Wynca Chemical 3.1 • 3.1.1 Operation • 3.1.2 Production Capacity & Process • 3 1 3 Main Risks 3.1.3 • 3.2 Huaxing Chemical • 3.2.1 Operation • 3 2 2 Production Capacity & Process 3.2.2 • 3.3 Jiangshan Chemical Selected Charts • • • • • • Proportion of Pesticides Used in China Proportion of Pesticides Used in Foreign Countries Distribution of Glyphosate Consumption Worldwide, 2009 Export Volume of Chinese Pesticides, 2002-2008 China's Export Structure, 2001-2008 Pl ti A Planting Area off G Genetically ti ll M Modified difi d C Crops iin th the W World, ld 1996 1996-2008 2008 • • • • • • • • • • • • • • • • Major Ethanol Manufacturing Countries, by 2017 Main Bio-diesel Manufacturing Countries, by 2017 Global Glyphosate Growth, 2006-2010 China’s Output of Glyphosate, 2002-2008 Global Glyphosate Production Capacity Distribution, 2007 Prices of Glyphosate in China, 2007-2009 International Crude Oil Prices Prices of Glyphosate Technical and Major Intermediates in China, 2007-2009 Wynca’s Main Business Revenue and Operating Profit, 2004-2009 Wynca’s Revenue Structure, H1 2009 Wynca’s Wynca s Production Capacity Capacity, 2004 2004-2009 2009 Wynca’s Chlorine Cycle Diagram Huaxing Chemical’s Main Business Revenue and Operating Profit, 2004-2009 Huaxing Chemical’s Main Business Revenue Structure, H1 2009 S l R Sales Revenue off Huaxing H i Chemical Ch i l b by R Region, i H1 2009 Huaxing Chemical’s Glyphosate Capacity Development Plan • • • • • • • • • Gross Profit Margin of Huaxing Chemical’s Glyphosate and Comparison with Other Enterprises p Jiangshan Chemical’s Main Business Revenue and Operating Profit, 2006-2009 Jiangshan Chemical’s Main Business Profit Structure, 2008 Jiangshan Chemical l’s Main Business Revenue Structure, 2008 Yangnong Chemical Chemical’s s Main Business Revenue and Operating Profit Profit, 2004-2009 Yangnong Chemical’s Main Business Profit Structure, 2008 Yangnong Chemical’s Main Business Revenue Structure, 2008 Raw Materials Cost of Glyphosate by Process H Huaxing i Chemical’s Ch i l’ Glyphosate Gl h t Production P d ti P Process and dC Comparison i with ith Other Oth Enterprises How to Buy Product details Single user Enterprisewide How to Order USD File 799 PDF 1 199 1,199 PDF Publication date: Nov. 2009 By email: report@researchinchina.com t@ hi hi By fax: 86-10-82600829 By online: www.researchinchina.com For more information, call our office in Beijing, China: Tel: 86 86-10-82600828 10 82600828 Website: www.researchinchina.com