By Think Real - According to statistics by Think Real, in July 2016, China exported 81,800 tonnes of , increasing by 69.7% year on year; the value of the products was USD173.4 million, growing by 44.5% year on year.
Table 1: Export of in China by specification, July 2016
Specification
Volume, tonne
95% TC
29,284
41% IPA
23,889
75.7% WSG
9,333
62% IPA
7,789
74.7% WSG
673
Total
81,787
Source: China Customs; Think Real
In terms of export price, the prices of several mainstream glyphosate specifications slipped year on year. The average export price of 95% glyphosate technical was USD2.74/kg while that in the same period last year was USD3.35/kg.
In the month, 194 enterprises exported glyphosate products from China, three more over the corresponding period of last year. The top enterprises in terms of export volume of the products were Shandong Weifang Rainbow Chemical Co., Ltd., Fuhua Tongda Agro-chemical Technology Co., Ltd., Nantong Jiangshan Agrochemical & Chemical Co., Ltd., Zhenjiang Jiangnan Chemical Co., Ltd. and Zhejiang Wynca Chemical Group Co., Ltd.
Moreover, the products were exported to 91 countries and regions, one more over the corresponding period of last year. The main export destinations included Brazil, Thailand, Argentina, Australia and the US. By export volume, the top ten countries/regions imported 56,700 tonnes of glyphosate from China, which totaled USD126.00 million, accounting for 69.3% and 72.7% of the total respectively.
Table 2: Top ten exporters of glyphosate in China by volume, July 2016
No.
Exporter
1
Shandong Weifang Rainbow Chemical Co., Ltd.
2
Fuhua Tongda Agro-chemical Technology Co., Ltd.
3
Nantong Jiangshan Agrochemical & Chemical Co., Ltd.
4
Zhenjiang Jiangnan Chemical Co., Ltd.
5
Zhejiang Wynca Chemical Group Co., Ltd.
6
Zhejiang Jinfanda Bio-Chemical Co., Ltd.
7
Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.
8
Hangzhou Nutrichem Co., Ltd.
9
Hubei Taisheng Chemical Co., Ltd.
10
Changzhou Eastchem International Co., Ltd.
Source: China Customs; Think Real
Table 3: Top ten export destinations of glyphosate in China by volume, July 2016
No.
Export destination
Export volume, tonne
1
Brazil
12,000
2
Thailand
10,000
3
Argentina
9,600
4
Australia
7,600
5
United States
6,000
6
Ghana
2,800
7
Vietnam
2,500
8
Uruguay
2,200
9
Indonesia
2,100
10
Kenya
1,600
Source: China Customs; Think Real