Glyphsoate China Monthly ReportCCM International LimitedJanuary 20, 2012 11 Pages - SKU: OFCM6800428 |
| Countries covered: China Chinese pesticide industry had undergone a dreadful year in 2011, and the glyphosate industry, which is a sub-industry, had suffered the most. Some producers who can't burden the continuous profit loss quitted glyphosate business in 2011, which has relatively loosen the overcapacity pressure of glyphosate technical in China. Although it is predicted that glyphosate capacity in China will continue to slightly decrease in 2012, the problem of overcapacity in China's glyphosate industry remains serious in 2012 and the market competition will remain intense. To seize the market share left by the ban of glyphosate 10% SL in China, many market players have made great efforts. Price reduction is one of the key strategies. Glyphosate 41% IPA has been the most popular glyphosate product since 2011, but it faces intense market competition. Many producers registered solid glyphosate ammonium formulations in 2011, indicating that the market share of solid glyphosate products will greatly grow in the future. Although the global demand for glyphosate will keep a small growth in the future, the glyphosate safety problems and weed resistance to glyphosate have raised more and more concerns |
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