Executive summary

This report dives deep into China's glyphosate industry to figure out the industry's key characteristics, current situation and future trends from aspects of production, R&D, pricing, export, glyphosate flow, consumption/demand, overseas market, key players' competitiveness and production cost, international collaboration etc. from a global prospective, hoping to provide unique insights to China's glyphosate industry.

China has become the world production base of glyphosate technical since 2007 and it is playing an increasingly important role in global glyphosate technical supply market, while Chinese producers only gain very small profit along the global glyphosate value chain. What are the real reasons for this situation and how the characteristics of Chinese glyphosate industry contribute to the current position of Chinese glyphosate in global market? What's the future trend? This report will unveil details for you.

China can produce almost all types of glyphosate related products, ranging from PMIDA, glyphosate technical to formulations. China's glyphosate technical and PMIDA are mainly exported, while the export product structure has changed in the past 2 years. What are the changes and what will the future trend be?
 
As the largest glyphosate technical supplier, China exports the product to over 80 countries in the world. What are the major destinations and how does China's glyphosate export flow?

International cooperation in glyphosate industry has become increasingly popular at present. What are the driving forces and what players have participated in the cooperation? This report will provide you with exclusive analysis of some multinational companies' collaboration for glyphosate business in China.

China glyphosate price has witnessed hikes in H2 2007 and H1 2008, and then plummet in H2 2008. What are the factors behind the great fluctuations? Glyphosate market is gloomy now and its price has dropped to the lowest in the recent 5 years. What will be the future trend?

Under gloomy glyphosate market, listed glyphosate manufacturers experienced sharp decrease in gross profit, let alone small scale producers. What challenges Chinese glyphosate industry will face and what are the manufacturers' competitive strategies for survival and further development?

Currently, adverse environment aggravates the intense competition. In order to improve market risk resistance and upgrade competitiveness, many producers have attached great importance to technology innovation and international market development. What progress do the 3 pathways for glyphosate production achieve in past 2 years? What are the main activities of large producers at home and abroad? What about the upstream sector development? The report will give you an insightful analysis on the above questions.

With the looming of ban on glyphosate formulation with AI content lower 30%, glyphosate producers started to work out new treatment methods for mother liquid. What about the development trends for mother liquid treatment? The updated edition will disclose the facts and future prospect for you.

Table of Contents

I Pesticide industry in China
I-1.1 Pesticide history in China
I-1.2 Pesticide supply in China
I-1.3 Pesticide demand in China
I-1.4 Governmental policies on agriculture & pesticide industry
II Factors influencing China's glyphosate industry
II-1 Economic environment
II-2 Government policy
II-3 Crop planting situation in the world
II-4 Crop planting situation in China
II-5 Entry barriers of glyphosate industry
III Glyphosate upstream industry
III-1 Introduction to key raw materials & intermediates of glyphosate
III-1.1 Glycine
III-1.2 IDAN
III-1.3 DEA
III-1.4 PMIDA
III-1.5 Yellow phosphorous
III-1.6 Phosphorus trichloride
III-1.7 Dimethyl phosphite
III-1.8 Paraformaldehyde
III-1.9 Hydrocyanic acid
III-1.10 Other materials
III-1.10.1 Formaldehyde
III-1.10.2 Natural gas
III-2 Impacts of raw materials on glyphosate industry
IV Glyphosate supply
IV-1 Glyphosate registration situation
IV-2 Glyphosate technical
-China's position in the world glyphosate technical supply
-Total supply
-Producers
-Production by region
-Production by pathway
-New projects
IV-3 Glyphosate formulations
IV-3.1 Overview
-China's position in the world glyphosate formulations supply
-Total supply by specific formulation IV-3.2 Introduction to specific formulations
-Glyphosate 41% solution
-Soluble powder & WP forms of glyphosate formulations
-High content glyphosate water formulations
IV-3.3 China's weakness in formulation production
IV-3.4 Analysis of ban on glyphosate SL with concentration less than 30%
IV-3.5 China's glyphosate formulation trend and its impacts on global market
IV-4 Mass balance between glyphosate and its upstream products IV-5 Forecast of glyphosate supply in the next five years V Trade analysis V-1 Trade position in the world V-2 Antidumping issues involving Chinese glyphosate V-3 Export situation of PMIDA and glyphosate V-4 Chinese glyphosate flow V-5 Trade trend of glyphosate in the next five years VI Pricing of glyphosate VI-1 Price VI-1.1 Key factors influencing glyphosate pricing VI-1.2 Analysis of price changes in the past VI-1.3 Current price and price forecast to 2009~2014 VI-2 Price index model for glyphosate VI-3 Identification VII Demand for glyphosate VII-1 Global demand for glyphosate -Overview of global genetically modified crop
-Global demand for glyphosate VII-2 Domestic demand for glyphosate VII-2.1 Overview of Chinese glyphosate technical consumption VII-2.2 Position and market size of glyphosate in herbicide industry VII-2.3 Glyphosate formulations use in China
-by specific formulation -by crop -by region VII-3 Forecast of glyphosate demand in the next five years
VIII Production technology & technology level
VIII-1 Glyphosate technical
VIII-1.1 AEA pathway
VIII-1.1.1 Description
VIII-1.1.2 Development of AEA pathway in China
VIII-1.1.3 Theoretical consumption of raw materials for AEA pathway
VIII-1.1.4 Advantages and problems
VIII-1.2 DEA route
VIII-1.2.1 Description
VIII-1.2.2 Development of AEA pathway in China
VIII-1.2.3 Theoretical consumption of raw materials for AEA pathway
VIII-1.2.4 Advantages and problems
VIII-1.3 IDAN route
VIII-1.3.1 Description VIII-1.3.2 Development of AEA pathway in China
VIII-1.3.3 Theoretical consumption of raw materials for AEA pathway
VIII-1.3.4 Advantages and problems
VIII-1.4 Comparison of different pathways and development trend
VIII-1.5 Wastewater treatment technology
VIII-2 Glyphosate formulations
VIII-3 Cost analysis of glyphosate (five major glyphosate producers)
VIII-3.1 Zhejiang Wynca Chemical Industrial Group Co., Ltd.
VIII-3.2 Nantong Jiangshan Agrochemical & Chemical Co., Ltd.
VIII-3.3 Anhui Huaxing Chemical Industry Co., Ltd.
VIII-3.4 Jiangsu Yangnong Chemical Group Co., Ltd.
VIII-3.5 Hubei Sanonda Co., Ltd.
IX Competitive landscape of Chinese glyphosate industry
X Outlook of Chinese glyphosate in the next five years
X-1 Research hot points
X-2 Development trend of pathways
X-3 Change trend of production cost
X-4 Trends of supply & demand

XI Conclusion, challenges, commercial opportunities and recommendation
XI-1 Conclusion
XI-2 Challenges, commercial opportunities and recommendation
XII Appendix
XII-1 Glyphosate technical producers
XII-1.01 Zhejiang Wynca Chemical Group Co., Ltd.
XII-1.02 Zhenjiang Jiangnan Chemicals Co., Ltd.
XII-1.03 Hubei Taisheng Chemical Co., Ltd.
XII-1.04 Zhejiang Jinfanda Bio-chemical Co., Ltd.
XII-1.05 Nantong Jiangshan Agrochemical & Chemical Co., Ltd.
XII-1.06 Anhui Huaxing Chemical Industry Co., Ltd.
XII-1.07 Zhejiang Jingma Chemicals Co., Ltd.
XII-1.08 Sichuan Fuhua Agro-chemical Technology Co., Ltd.
XII-1.09 Chongqing Yongchuan Pesticide Plant
XII-1.10 Shandong Vicome Greenland Chemical Co., Ltd.
XII-1.11 Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.
XII-1.12 Zhejiang Linghua Chemicals Group Co., Ltd.
XII-1.13 Hunan Yongzhou Guangfeng Agrochemical Co., Ltd.
XII-1.14 Fujian Sannong Group Co., Ltd.
XII-1.15 Anhui Chloro-alkali Chemical Group Co., Ltd.
XII-1.16 Shandong Weifang Rainbow Chemical Co., Ltd.
XII-1.17 Zhejiang Biok K.P. Chemical Co., Ltd.
XII-1.18 Shandong Qiaochang Chemical Co., Ltd.
XII-1.19 Shanghai Shenglian Chemical Ltd.
XII-1.20 Jiangsu Yinyan Specialty Chemicals Co., Ltd.
XII-1.21 Shandong Binnong Technology Co., Ltd.
XII-1.22 Ningxia Sanxi Technology Co., Ltd.
XII-1.23 Jiangsu Fengshan Agrochemistry Co., Ltd.
XII-1.24 Jiangsu Tenglong Biological & Medicinal Co., Ltd.
XII-1.25 Shanghai Hujiang United Chemical Co., Ltd.
XII-1.26 Sichuan Beier Industry Co., Ltd.
XII-1.27 Hubei Sanonda Co., Ltd.
XII-1.28 Jiangsu Kuaida Agrochemical Co., Ltd.
XII-1.29 Anhui Shunong Agrochemcials Co., Ltd.
XII-1.30 Anhui Guangxin Tongling Chemical Company
XII-1.31 Jiangsu Huifeng Agrochemical Co., Ltd.
XII-1.32 Jiangsu Suzhou Jiahui Chemical Co., Ltd.
XII-1.33 Changshu Pesticides Factory Co., Ltd.
XII-1.34 Jiangsu Taicang Pesticide Factory Co., Ltd.
XII-1.35 Jiangyin No.2 Pesticides Co., Ltd.
XII-1.36 Jiangsu Jinghong Chemical Co., Ltd.
XII-1.37 Jiangsu Nantong Lihua Agrochemical Co., Ltd.
XII-1.38 Hebei Qifeng Chemical Co., Ltd.
XII-1.39 Hubei Wuhan Zhongxin Chemical Co., Ltd.
XII-1.40 Jiangsu Yangnong Chemical Group Co., Ltd.
XII-1.41 Anyang Anlin Bio-chemical Co., Ltd.
XII-1.42 Henan Hebi Nonglin Pharmaceutical Co., Ltd.
XII-1.43 Shijiazhuang Baofeng Chemical Co., Ltd.
XII-1.44 Guangxi Yiduoshou Bio-technology Co., Ltd.
XII-1.45 Shandong Wucheng Kangda Chemical Co., Ltd.
XII-2 PMIDA producers
XII-2.01 Jinan Glyline Chemical Co., Ltd.
XII-2.02 Anhui Harvest Fine Chemicals Industry Co., Ltd.
XII-2.03 Jiangsu Nantong Feitian Chemical Industrial Co., Ltd.
XII-2.04 Nantong Kaihua Chemical Co., Ltd.
XII-2.05 Jiangsu Zhongdan Group Co., Ltd.
XII-3 Recent activities
XII-4 SWOT analysis of the five glyphosate manufacturers

LIST OF TBALRS

Table I -1.1-1 Chinese pesticide industry development
Table I-1.2-1 Output structure of pesticides by volume, 1986-2008 ('000 tonnes)
Table I-3.2-1 Import & export of pesticides in China, 1993-2008
Table II-1 Factors influencing China's glyphosate industry
Table II-1.2-1 China's policies to boost peasants' income
Table II-1.3-1 Comparison of labor supply and cost between China and US
Table II-1.4-1 Relationship of RMB appreciation with glyphosate technical net profit rate, 2008
Table II-1.5-1 Chinese export value of all products and growth rate, Q1 2008 and Q1 2009
Table II-1.6-1 China's electricity consumption situation, 2004-2007 (100 million KWh)
Table II-1.7-1 Forecasted bio-energy output in China, 2005, 2010 and 2020
Table II-2.2-1 Advantages of no-tillage land and its application situation in China
Table II-2.3-1 Wastewater discharge standard for glyphosate industry in GB8978-1996 (mg/L)
Table II-2.3-2 Environmental policies and environmental cost in glyphosate industry in China
Table II-2.4-1 Preferential policies provided to enterprises in Jiangsu Rudong
Table II-3-1 Area of cultivated land in some countries, 2007
Table II-3.2-1 Global planting area of GM crops, 1996-2008
Table II-5-1 Capital barriers for glyphosate manufacturers in China
Table II-5-2 Comparison between Zhejiang Wynca and Anhui Tongling
Table II-5-3 Anti-dumping charges launched against Chinese glyphosate by Monsanto
Table II-5-4 Purchase prices of different glyphosate production technologies
Table II-5-5 Environment barriers of glyphosate industry in China
Table III-1.1.1-1 Raw material consumption of glycine production by chloroactic acid ammonolysis process, Aug. 2009
Table III-1.1.1-2 Raw materials consumption of glycine production by natural gas-HCN process, Aug. 2009
Table III-1.1.1-3 China's production of tech-grade glycine, 2009
Table III-1.1.2-1 Ex-factory price change of industrial grade glycine since 2006
Table III-1.1.3-1 Consumption of glycine in glyphosate, 2001-2008, tonne
Table III-1.1.3-2 Main glyphosate producers and their glycine suppliers, 2009
Table III-1.2-1 Comparison of different production routes of IDAN in China
Table III-1.2.2-2 List of IDAN producers in China as of August 2009 (tonne)
Table III-1.2.2-3 Basic information of main potential producers of IDAN in China
Table III-1.2.2-4 IDAN projects of main potential producers in China
Table III-1.2.4--1 Main IDAN glyphosate producers in China, 2009
Table III-1.3.1-1 Production cost of EA, May 2008
Table III-1.3.1-2 Manufacturers of EA in China -1
Table III-1.3.1-3 Manufacturers of EA in China -2
Table III-1.3.1-4 Manufacturers of DEA in China (tonne)
Table III-1.3.1-5 Potential projects of EA in China
Table III-1.3.1-5 Specification comparison between homemade DEA and imported DEA
Table III-1.3.2-1 Antidumping duties on EA for different companies
Table III-1.3.2-2 Shipment mode of imported DEA by tonne, 2004-2008
Table III-1.3.2-3 Import quantity and price of DEA, 2004-2008 (tonne, USD/kg)
Table III-1.3.2-4 Import quantity of DEA by glyphosate producers, 2003- Apr. 2009 (tonne)
Table III-1.3.4-1 Output of PMIDA & glyphosate by taking DEA as raw material and consumption volume of DEA, 2004-2008 (tonne)
Table III-1.3.4-2 Active producers of glyphosate taking DEA as raw material in China (tonne)
Table III-1.4.1.1 Manufacturers of PMIDA in China (tonne)
Table III-1.5.1-1 Yellow phosphorus output in different regions of China, 1999~2008 (tonne)
Table III-1.5.1-2 Raw material cost of yellow phosphorous in Jul. 2009
Table III-1.6.1-1 Active producers of PCl3 in China, 2009
Table III-1.6.2-1 Raw material cost of PCl3 in China, July 2009
Table III-1.6.1-1 Glyphosate technical output and its PCl3 consumption by different pathway in China, 2001-2008
Table III-1.7.1-1 Comparisons between traditional process and new process
Table III-1.7.1-2 Raw material cost of DMP, Aug. 2009
Table III-1.7.2-1 Top 10 DMP Manufacturers in China, 2005
Table III-1.7.2-2 Chinese DMP manufacturers, as of Aug. 2009
Table III-1.7.4-1 Demand and supply of DMP in glyphosate industry in China
Table III-1.8.1-1 Capacity of unit equipment of PF producers in China as of Aug. 2009, Unit: t/a
Table III-1.8.1-2 Raw material cost of PF in Aug. 2009 (rake-drying method)
Table III-1.8.1-3 Raw material cost of PF in Aug. 2009 (spray drying method)
Table III-1.8.3-1 PF imported directly by glyphosate technical producers, 2005-2007 (kg, USD/kg)
Table III-1.8.3-2 Import & export of PF in the past years
Table III-1.8.4-1 Consumption of PF in agrochemical industry, 2002-2008
Table III-1.8.4-2 Comparison of different pathways in the production of glyphosate technical
Table II-1.9-1 Production situation of hydrocyanic acid in China
Table II-1.9.1-1 Producers of HCN by acrylonitrile pathway in China in 2008
Table II-1.9.2-1 HCN manufacturers by natural gas pathway, 2008
Table II-1.9.3-1 HCN manufacturers by light oil cracking method, 2008
Table III-1.10.1-1 Supply & demand situation of formaldehyde in China (tonne)
Table III-1.10.1-2 Price of natural gas for industry in Sichuan, Chongqing, etc, Aug. 2009
Table IV-1-1 Recommended AI content of glyphosate single formulations in China
Table IV-1-2 Registration situation of glyphosate technical in China as of August 2009
Table IV-1-3 Initial registration time of glyphosate formulations in China
Table IV-1-4 Annual registration situation of key glyphosate formulations in China
Table IV-2-1 Key players of glyphosate technical in the world ('000 tonnes)
Table IV-2-2 Situation of China's glyphosate output in global market, 2005-2008 (tonne)
Table IV-2-3 Situation of China's glyphosate in the overseas market, 2004-2008 (tonne)
Table IV-2-4 Overview of glyphosate technical manufacturers in China-1
Table IV-2-5 Overview of glyphosate technical manufacturers in China-2
Table IV-2-6 Number of glyphosate producers in China, by province
Table IV-2-.7 Capacity and output distribution of glyphosate in China
Table IV-2-8 Capacity of glyphosate technical in China by different pathway
Table IV-2-9 Output of glyphosate technical in China by different pathway (tonne)
Table IV-2-10 Capacity expansion of glyphosate technical in China (tonne)
Table IV-3.1-1 Glyphosate formulation specifications and number of producers in China
Table IV-3.1-2 Output of major glyphosate formulations in China, 2007-2008 (tonne)
Table IV-3.1-3 Distribution of glyphosate formulation producers in 2007 (manufacturers of both glyphosate technical and formulations excluded)
Table IV-3.1-4 List of glyphosate formulations producers (manufacturers of both glyphosate technical and formulations excluded)
Table IV-3.2-1 Some key players of 41%IPA in China
Table IV-3.2-2 Production situation of 41%IPA (Glyphosate technical producers excluded)
Table IV-3.2-3 Production situation of WP (Glyphosate technical producers excluded)
Table IV-3.2-4 Production situation of 62%IPA in China
Table V-3.3-1 Comparisons of weed control effect between 'Rondup' and domestic product
Table IV-4-1 Consumptions of major raw materials in PMIDA & glyphosate, 2008 (tonne)
Table V-3.1 Export price of glyphosate in 2004 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.2 Main export destinations of glyphosate in 2004 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.3 Export price of glyphosate in 2005 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.4 Main export destinations of glyphosate in 2005 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.5 Export price of glyphosate in 2006 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.6 Main export destinations of glyphosate in 2006 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.7 Export price of glyphosate in 2007 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.8 Main export destinations of glyphosate in 2007 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.9 Export price of glyphosate in 2008 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-3.10 Main export destinations of glyphosate in 2008 (Quantity: tonne, Price: USD/kg, Value: USD)
Table V-4.1 Cooperation between oversea key players and Chinese companies
Table VI-1.2.1-1 Average price of glyphosate and its related products in China (USD/t)
Table VI-1.2.2-1 Comparisons of glyphosate raw materials price between H1 2007 and H1 2008
Table VI-2-1 Results of correlation analysis