Glyphosate Competitiveness Analysis in China

Published: July 2008
No. of Pages: 253
  

Glyphosate, a broad-spectrum herbicide, widely used to kill unwanted plants both in agriculture and in nonagricultural landscapes, has been in a leading position of herbicides in the world in the past few years; it is estimated that the global consumption of glyphosate is over 600kts at present and will increase by CAGR of over 12%.

China, now the largest production base of glyphosate technical in the world, has glyphosate capacity accounting for more than 40% of the global total. With the output expected to reach about 280kts and the export volume 250kts in 2008, China’s glyphosate supply and price will have great impacts on the global market.

Since February 2007, China's glyphosate price has been surging, from the average price of about RMB34,000/t in February to RMB42,000/t as of September 2007. However, this is far from the end of the price rise. The price has kept soaring, from RMB58,000/t at the end of 2007 to the unbelievably record high, RMB95,000~100,000/t as of May 2008. But in 2006, the average price was only about RMB26,000/t.

Attracted by the huge market potential and the promising prospects of glyphosate, more and more domestic enterprises are busy either expanding their production capacities, or setting up new glyphosate production lines. The global production capacity of glyphosate is shifting to China and China has become the largest production base of glyphosate technical in the world with a capacity of 304,900t/a in 2007, accounting for more than one third of the global productivity. The output and export volume of glyphosate in China reached 187kt and 165kt respectively in 2007. It is estimated that the total capacity of glyphosate in China will reach 630,900 tonnes to the end 2008, based on the expanding plans of the glyphosate players in China.

Then why the production capacity of glyphosate technical is concentrating into China and where the competitiveness of China’s glyphosate industry lies in? Whether most glyphosate producers in the domestic market undoubtedly earn considerable profit? Where its price will go next? What will influence China’s glyphosate industry and how this industry will develop in the future? …

In this report, CCM will give a detailed analysis on glyphosate industry in China to help the readers understand in depth the competitiveness of China’s glyphosate industry.

-Main aims of the work
1) Analyse the factors influencing the competitiveness landscape of China’s glyphosate industry, such as supply and demand dynamics, production pathways & technology level, raw materials supply, macro-economic situation and government policies, to understand where Chinese glyphosate competitiveness lies.
2) Research systematically the different processes for glyphosate production and the current production situation of the Chinese producers in an effort to understand their production cost structures, how the different production pathways compete with each other, and how the technology will evolve.
3) Set up model for glyphosate cost in China and make comparison to different cost structures of the major producers in China.
4) Carry out comparison between the competitiveness of AEA pathway and IDA pathway, and analyse the competitiveness landscape of glyphosate production in China.
5) Identify the key factors influencing the price of glyphosate and the internal relationship between the key factors. And then set up glyphosate price model.
6) Based on the work mentioned above, make a forecast on the competitiveness of China’s glyphosate in the next five years.

Glyphosate Competitiveness Analysis in China

TABLE OF CONTENT

Executive summary
Introduction and methodology
I Introduction to this Work
II Factors influencing the competitiveness landscape of China’s glyphosate industry
II-1 Government policy
II-1.1 Promotion of genetically modified crops
II-1.2 Promotion of no-tillage land
II-1.3 Environmental and energy policy
II-1.4 Policy on import and export
II-1.5 Support on some important enterprises
II-1.6 Some policies for foreign invested enterprises
II-1.7 Other unfavourable policies for glyphosate investment
II-2 Economic environment for the development of glyphosate industry
II-2.1 China economy continuously develops with fast growth rate
II-2.2 Income of Chinese peasants grows continuously and stably
II-2.3 Low labor cost
II-2.4 More population to feed but reducing peasants and shrinking cultivated land
II-2.5 Serious Inflation
II-2.6 RMB appreciation
II-2.7 Growth rate of export
II-2.8 Shortage of energy and raw material
II-2.9 Great demand for bio-energy
II-3 Situation of Chinese pesticide
II-3.1 Output and demand of pesticide
II-3.2 Adjustment of pesticide
II-3.3 Competition pattern of pesticide industry in China
II-3.4 Technology level and characters of pesticide industry
II-3.5 Profit tendency and the reason
II-3.6 Trend of pesticide industry
II-3.7 Advantageous and disadvantageous factors of pesticide industry development
II-3.8 Major obstacles of entering pesticide industry
II-4 Crop planting situation in the world
II-4.1 Conventional crop planting situation in the world
II-4.2 Planting situation of GM crops in the world
II-5 Crop planting situation in China
II-5.1 Conventional crop planting situation in China
II-5.2 Planting situation of GM crops in China
II-6 Entry Barriers of glyphosate industry
II-6.1 Policy
II-6.2 Capital
II-6.3 Production scale
II-6.4 Anti-dumping and technical barrier
II-6.5 Technology
II-6.6 Export channel
II-6.7 Environment barriers
II-6.8 No GLP lab and hard to register in other countries
II-6.9 High dependence on overseas market
II-7 Supply of glyphosate in China
II-7.1 Glyphosate technical
II-7.2 Glyphosate formulation
II-7.2.1 Overview of formulations species
II-7.2.2 Introduction of special formulations
II-7.3 PMIDA
II-8 Demand for Chinese glyphosate
II-8.1 Global demand for China’s glyphosate
II-8.1.1 Overview of global glyphosate production
II-8.1.2 Role of China’s glyphosate in global markets
II-8.2 Domestic demand for glyphosate
II-8.2.1 Overview of Chinese glyphosate technical consumption
II-8.2.2 Glyphosate formulations use in China
II-8.2.2.1 Regional distribution of glyphosate use in China
II-8.2.2.2 Use situation of glyphosate formulations in each major crops
II-8.2.2.3 Use pattern of glyphosate formulations
II-8.2.2.4 Others
II-9 Supply situation of glyphosate raw materials in China
II-9.1 Raw materials of AEA pathway
II-9.1.1 Glycine
II-9.1.1.1 Introduction
II-9.1.1.2 Supply situation of glycine in China
II-9.1.2 Yellow phosphorous
II-9.1.3 Paraformaldehyde
II-9.1.4 Dimethyl phosphite
II-9.2 Raw materials of DEA route
II-9.2.1 Diethanolamine
II-9.2.2 Formaldehyde
II-9.3 Raw materials of IDAN route
II-9.3.1 IDAN
II-10 Production pathways & technology level
II-10.1 Summary of production, output by different pathways
II-10.2 Introduction to different pathways and their levels
II-10.2.1 AEA pathway
II-10.2.1.1 Description
II-10.2.1.2 Development of AEA pathway in China
II-10.2.1.3 Theoretical consumption of raw materials for AEA pathway
II-10.2.1.4 Advantages and problems
II-10.2.2 DEA route
II-10.2.2.1 Description
II-10.2.2.2 Development of DEA route in China
II-10.2.2.3 Theoretical consumption of raw materials for DEA route
II-10.2.2.4 Advantages and problems
II-10.2.3 IDAN route
II-10.2.3.1 Description
II-10.2.3.2 Development of IDAN route in China
II-10.2.3.3 Theoretical consumption of raw materials for IDAN route
II-10.2.3.4 Advantages and problems
II-10.2.4 Comparison of different pathways
II-10.3 Glyphosate formulation producing technology
II-10.3.1 Description
II-10.3.2 Development of glyphosate formulation producing technology in China
II-10.3.3 Theoretical models for glyphosate formulations
II-11 Other factors influencing the competitiveness landscape of China’s glyphosate industry
II-11.1 New situation of glyphosate
II-11.2 Marketing strategies
II-11.3 Competitions with other herbicides and foreign glyphosate
III Analysis of major glyphosate producers in China
III-1 Zhejiang Xin’an Chemical Industrial Group Co., Ltd.
III-1.1 Introduction
III-1.2 Financials
III-1.3 Products
III-1.4 Existing capacity and expanding plan
III-1.5 Glyphosate
III-1.5.1 Production and market situation of glyphosate
III-1.5.2 Cost analysis of glyphosate
III-2 Nantong Jiangshan Agrochemical & Chemical Co., Ltd.
III-2.1 Introduction
III-2.2 Financials
III-2.3 Products
III-2.4 Existing capacity and expanding plan
III-2.5 Glyphosate
III-2.5.1 Production and market situation of glyphosate
III-2.5.2 Cost analysis of glyphosate
III-3 Anhui Huaxing Chemical Industry Co., Ltd.
III-3.1 Introduction
III-3.2 Financials
III-3.3 Products
III-3.4 Existing capacity and expanding plan
III-3.5 Glyphosate
III-3.5.1 Production and market situation of glyphosate
III-3.5.2 Cost analysis of glyphosate
III-4 Jiangsu Yangnong Chemical Group Co., Ltd.
III-4.1 Introduction
III-4.2 Financials
III-4.3 Products
III-4.4 Existing capacity and expanding plan
III-4.5 Glyphosate
III-4.5.1 Production and market situation of glyphosate
III-4.5.2 Cost analysis of glyphosate
III-5 Hubei Sanonda Co., Ltd.
III-5.1 Introduction
III-5.2 Financials
III-5.3 Products
III-5.4 Existing capacity and expanding plan
III-5.5 Glyphosate
III-5.5.1 Production and market situation of glyphosate
III-5.5.2 Cost analysis of glyphosate
III-6 SWOT analysis of the five glyphosate manufactures
IV Competitiveness landscape of glyphosate production in China
IV-1 Competitiveness of AEA pathway
IV-2 Competitiveness of IDA pathway
IV-2.1 DEA route
IV-2.2 IDAN route
IV-3 Comparison between the competitiveness of AEA pathway and IDA pathway and conclusion
V Index model for glyphosate price
V-1 Influencing factors for glyphosate price
V-1.1 Production cost
V-1.2 Supply/demand situation
- Domestic consumption
- Export
- Operation rate
- Export ratio
- Ratio of total export to glyphosate technical export
V-2 Price Index model for glyphosate
V-3 Identification
VI Forecast on the competitiveness of China’s glyphosate in the next five years
VI-1 Research hot points
VI-2 Development trend of pathways
VI-3 Change trend of production cost
VI-3.1 Change trend of some major raw materials
- DMP
- Glycine
- DEA
- IDAN
VI-3.2 Change trend of production cost
VI-4 Change trend of supply & demand situation
- Operation rate
- Export dependence
- Ratio of total export to glyphosate technical export
VI-5 Glyphosate price fluctuating trend
VI-6 Estimation on profit in Chinese manufacturers
VII Conclusion and commercial opportunities
VII-1 Conclusion
VII-2 Commercial opportunities

LIST OF TABLES
Table II-1 Factors influencing the competitiveness of China’s glyphosate industry
Table II-1.2-1 Advantages of no-tillage land and its application area in China
Table II-1.3-1 Wastewater discharge standard for glyphosate industry, according to GB8978-1996 (Unit: mg/L)
Table II-1.3-2 Environmental policies and environmental cost in glyphosate industry in China
Table II-1.4-1 Policies on import and export and their influence on glyphosate industry
Table II-1.5-1 Preferential policies provided to the enterprises in Jiangsu Rudong
Table II-2.2-1 Support policies on peasants’ income by Chinese government
Table II-2.3-1 Comparison of the labour supply and cost between China and the USA
Table II-2.6-1 Relationship of RMB appreciation with glyphosate technical net profit rate in 2008
Table II-2.7-1 Chinese export value in the first quarters of 2007 and 2008
Table II-2.8-1 China’s output and consumption of electricity in 2004~2007 (100 million KWh)
Table II-2.9-1 Bio-energy output in China in 2005, 2010 and 2020
Table II-3.1-1 Pesticides output and its growth rate in 2000~2007 (Unit: thousand tonnes, Counted by 100% technical)
Table II-3.1-2 Output and demand of herbicide and glyphosate in China from 2004 to 2007 (Counted by 100% technical, Unit: (tonne))
Table II-4.1-1 Area of cultivated land in some countries in the world, 2007
Table II-4.2-1 Global planting area of GM crops, 1996-2007
Table II-4.2-2 GM crops area in different countries in the world, 1996-2007 (million hectares)
Table II-6.2-1 Capital barriers for glyphosate manufacturers in China
Table II-6.3-1 Comparison between Zhejiang Xin’an and Anhui Tongling
Table II-6.4-1 8-time anti-dumping charges launched against Chinese glyphosate by Monsanto
Table II-6.5-1 Purchase prices of different glyphosate production technologies
Table II-6.7-1 Environment barriers of glyphosate industry in China
Table II-7.2.2-1 Comparison of some glyphosate formulations in China in May 2008
Table II-7.3.1-1 Profit rate of PMIDA in China in Jun 2008
Table II-8.1.2-1 Export situation of China’s glyphosate technical in 2005~2007 (Unit: tonne)
Table II-8.2.2.3-1 Use pattern of glyphosate formulation in China
Table II-8.2.2.4 Other information about glyphosate consumption in China
Table II-9-1 Supply situation of major raw materials of glyphosate in China
Table II-9.1.1.1-1 Quality standard of glycine home and abroad
Table II-9.1.1.2-1 Raw materials consumption of chloroactic acid ammonolysis process in May 2008
Table II-9.1.1.2-3 Raw materials consumption of the improved Strecher process in May 2008
Table II-9.1.1.2-4 Raw materials consumption of Natural gas-HCN process in May 2008
Table II-9.1.1.2-5 Top industrial grade glycine producers in China as of May 2008(tonne)
Table II-9.1.1.2-6 Consumption of glycine in glyphosate in past years (tonne)
Table II-9.1.1.2-8 Price of glycine in China from 2007 to May 2008 (RMB/t)
Table II-9.1.2-1 Raw materials cost of yellow phosphorous in May 2008
Table II-9.1.2-2 Electricity consumption and installed capacity in China from 2000 to 2006
Table II-9.1.2-3 Average operation rate of yellow phosphorus producers in Yunnan these years
Table II-9.1.2-4 Capacity distribution of Chinese yellow phosphorus producers in 2007
Table II-9.1.2-5 Import and export situation of yellow phosphorus in China
Table II-9.1.3-1 Demand and supply of PF in glyphosate industry in China (tonne)
Table II-9.1.3-2 Technology suppliers of PF in China in 2007
Table II-9.1.4-1 Advantages and disadvantages of non-solvent continuous production
Table II-9.1.4-2 Comparison between traditional process and new process
Table II-9.1.4-3 Raw material cost of DMP
Table II-9.1.4-4 Demand and supply of DMP in glyphosate industry in China (tonne)
Table II-9.2.1-1 Technology supplier of domestic active ethanolamine producers in 2007
Table II-9.2.1-2 Manufacturing cost of ethanolamine in May 2008
Table II-9.2.1-3 Specification comparison between DEA home and abroad
Table II-9.2.1-4 Consumption of DEA in glyphosate industry from 2005 to 2007 (tonne)
Table II-9.2.1-5 China’s antidumping duty rate on ethanolamines from companies in different countries
Table II-9.2.1-6 Shipment mode of imported DEA in the past four years (tonne)
Table II-9.2.1-7 Consumption of DEA with the shipment mode of “Processing with Imported Materials” in glyphosate industry (tonne)
Table II-9.2.2-1 Technique standard of 37% formaldehyde solution
Table II-9.2.2-2 Manufacturing cost of formaldehyde
Table II-9.2.2-3 Formaldehyde demand and supply in China’s glyphosate industry 2005~2007 (tonne)
Table II-9.3.1-1 Production cost analysis on HCN in May 2008
Table II-9.3.1-2 Raw material cost analysis on IDAN from HCN
Table II-9.3.1-3 Demand and supply of IDAN in China in 2008 (tonne)
Table II-10.1-1 Glyphosate producers with DEA route and IDAN route in China in the past years
Table II-10.2.1.2-1 Comparison between continuous hydrolysis process and batch hydrolysis process in Nantong Jiangshan
Table II-10.2.1.2-2 Value of the reclaimed by-products in Zhejiang Xin’an in May 2008
Table II-10.2.1.3-1 Theoretical consumption of raw materials for AEA pathway in May 2008
Table II-10.2.2.2-1 Development of Raney Cu in China these years
Table II-10.2.2.2-2 Pollutant content in the waste water (DEA route)
Table II-10.2.2.3-1 Theoretical consumption of raw materials for DEA route in May 2008
Table II-10.2.3.3-1 Theoretical consumption of raw materials for IDAN route in May 2008
Table II-10.2.4-1 Comparison of different routes
Table II-10.3.2-1 Comparison between 41% glyphosate IPA adopting domestic additive and overseas additive
Table II-10.3.3-1 Raw materials consumption of 10% glyphosate-ammonium
Table II-10.3.3-2 Theoretical model for 10% glyphosate-ammonium
Table II-10.3.3-3 Raw materials consumption of 41% glyphosate-isopropylammonium
Table II-10.3.3-4 Theoretical model for 41% glyphosate-isopropylammonium
Table II-10.3.3-5 Raw materials consumption of 62% glyphosate-isopropylammonium
Table II-10.3.3-6 Theoretical model for 62% glyphosate-isopropylammonium
Table II-11.1-1 Comparison of investment environment for glyphosate industry in different countries
Table II-11.2-1 Marketing strategies of Chinese glyphosate industry
Table II-11.3-1 Comparison between glyphosate and paraquat
Table II-11.3-2 Competition between domestic glyphosate and foreign glyphosate
Table III-1.2-1 Financials of Zhejiang Xin’an, 2004~2008Q1, million yuan, %
Table III-1.2-2 Fixed assets depreciation polices of Zhejiang Xin’an: straight-line method, 2007
Table III-1.2-3 Intangible assets amortisation policies of Zhejiang Xin’an, 2007
Table III-1.4-1 Capacity development of glyphosate and organosilicon in Zhejiang Xin’an, 2005~2008
Table III-1.4-1 Capacity under construction in Zhejiang Xin’an, 2008
Table III-1.5.1-1 Capacity and output of glyphosate of Zhejiang Xin’an, 2006~2008
Table III-1.5.2-1 Estimation on raw material costs of glyphosate in Zhejiang Xin’an in May 2008
Table III-1.5.2-2 Estimation on manufacturing cost of glyphosate in Zhejiang Xin’an in May 2008
Table III-1.5.2-3 Estimation on management costs of glyphosate in Zhejiang Xin’an in May 2008
Table III-1.5.2-4 Estimation on production costs of glyphosate in Zhejiang Xin’an in May 2008
Table III-1.5.2-5 Profit estimation of glyphosate in Zhejiang Xin’an in May 2008
Table III-2.2-1 Financials of Nantong Jiangshan, 2004~2008Q1, million yuan, %
Table III-2.2-2 Fixed assets depreciation polices of Nantong Jiangshan: straight-line method, 2007
Table III-2.2-3 Intangible assets amortisation policies of Nantong Jiangshan, 2007
Table III-2.4-1 Capacity development of major products in Nantong Jiangshan
Table III-2.4-2 Projects under construction, 2008
Table III-2.5.1-1 Capacity and output of glyphosate of Nantong Jiangshan
Table III-2.5.2-1 Estimation on raw material costs of glyphosate in Nantong Jiangshan in May 2008 (AEA pathway)
Table III-2.5.2-2 Estimation on raw material costs of glyphosate in Nantong Jiangshan in May 2008 (IDAN route)
Table III-2.5.2-3 Estimation on manufacturing cost of glyphosate in Nantong Jiangshan in May 2008
Table III-2.5.2-4 Estimation on management costs of glyphosate in Nantong Jiangshan in May 2008
Table III-2.5.2-5 Estimation on production costs of glyphosate in Nantong Jiangshan in May 2008
Table III-2.5.2-6 Profit estimation of glyphosate in Nantong Jiangshan in May 2008
Table III-3.2-1 Financials of Anhui Huaxing, 2004~2008Q1, million yuan, %
Table III-3.2-2 Fixed assets depreciation polices of Anhui Huaxing: straight-line method, 2007
Table III-3.2-3 Intangible assets amortisation policies of Anhui Huaxing, 2007
Table III-3.3-1 Percentage of glyphosate in total income in Anhui Huaxing, 2005~2007
Table III-3.3-2 Percentage of glyphosate in pesticides in Anhui Huaxing, 2005~2007
Table III-3.4-1 Capacity development of major products in Anhui Huaxing in recent years
Table III-3.4-2 Projects under construction in Anhui Huaxing, 2008
Table III-3.5.1-1 Sales income and profit margin of glyphosate in Anhui Huaxing, 2005~2007
Table III-3.5.2-1 Estimation on raw material costs of PMIDA (IDAN route) in Anhui Huaxing in
Table III-3.5.2-2 Estimation on raw material costs of PMIDA (DEA route) in Anhui Huaxing in May 2008
Table III-3.5.2-3 Estimation on manufacturing cost of glyphosate in Anhui Huaxing in May 2008
Table III-3.5.2-4 Estimation on management costs of glyphosate in Anhui Huaxing in May 2008
Table III-3.5.2-5 Estimation on production costs of glyphosate in Anhui Huaxing in May 2008
Table III-3.5.2-6 Profit estimation of glyphosate in Anhui Huaxing in May 2008
Table III-4.2-1 Financials of Jiangsu Yangnong, 2004~2008Q1, million yuan, %
Table III-4.2-2 Fixed assets depreciation polices of Jiangsu Yangnong: straight-line method, 007
Table III-4.2-3 Intangible assets amortisation policies of Jiangsu Yangnong, 2007
Table III-4.4 Capacity development of major products of Jiangsu Yangnong
Table III-4.5.2-1 Estimation on raw material costs of glyphosate in Jiangsu Yangnong in May 2008
Table III-4.5.2-2 Estimation on manufacturing cost of glyphosate in Jiangsu Yangnong in May 2008
Table III-4.5.2-3 Estimation on management costs of glyphosate in Jiangsu Yangnong in May 2008
Table III-4.5.2-4 Estimation on production costs of glyphosate in Jiangsu Yangnong in May
Table III-4.5.2-5 Profit estimation of glyphosate in Jiangsu Yangnong in May 2008
Table III-5.2-1 Financials of Hubei Sanonda, 2004~2008Q1, million yuan, %
Table III-5.2-2 Fixed assets depreciation polices of Hubei Sanonda: straight-line method, 2007
Table III-5.2-3 Intangible assets amortisation policies of Hubei Sanonda, 2007
Table III-5.3-1 Gross profit margin of pesticides, chemicals and others in Hubei Sanonda, 2005~2007, %
Table III-5.4-1 Capacity and output of major products in Hubei Sanonda in recent years
Table III-5.4-2 Projects under construction in Hubei Sanonda by the end of 2007
Table III-5.5.2-1 Estimation on raw material costs of glyphosate in Hubei Sanonda in May 2008
Table III-5.5.2-2 Estimation on manufacturing cost of glyphosate in Hubei Sanonda in May 2008
Table III-5.5.2-3 Estimation on management costs of glyphosate in Hubei Sanonda in May 2008
Table III-5.5.2-4 Estimation on production costs of glyphosate in Hubei Sanonda in May 2008
Table III-5.5.2-5 Profit estimation of glyphosate in Hubei Sanonda in May 2008
Table III-6-1 SWOT analysis of five major producers of glyphosate
Table IV-1-1 Transfer fee of AEA pathway in China
Table IV-1-2 Major by-products reclaimed in some glyphosate producers (AEA pathway)
Table IV-1-3 Raw materials supply of glyphosate in China (AEA pathway) (tonne)
Table IV-1-4 Producer number, capacity and output of glyphosate (AEA pathway) in the past few years
Table IV-2.1-1 Transfer fee of DEA route in China
Table IV-2.1-2 Producer number, capacity and output of glyphosate (DEA route) in the past few years
Table IV-2.2-1 Transfer fee of IDAN route in China
Table IV-2.2-2 Producer number, capacity and output of glyphosate (IDAN route) in the past few years
Table IV-3-1 Competitiveness comparison between the AEA pathway and IDA pathway
Table V-2-1 Coefficients of independent variables with glyphosate price (cut from SPSS output file)
Table V-2-2 Summary of glyphosate price model (cut from SPSS output file)
Table V-2-3 Mean square analysis of glyphosate price model (cut from SPSS output file)
Table V-3-1 Difference between observed price and the estimated 2003~2008, %
Table VI-1.1-1 By-products and raw materials that can be reclaimed in China
Table VI-1.2-1 Comparison between hydrogen peroxide method and air oxidation method
Table VI-1.3-1 Comparison between traditional mother liquid densification method and membrane densification method
Table VI-2 Vital raw materials supply situation in different glyphosate producers
Table VI-3.1-1 Demand of DMP in glyphosate industry in 2008~2012 (tonne)
Table VI-3.1-2 Supply of DMP in China in 2008~2012(tonne)
Table VI-3.1-3 Demand of glycine in glyphosate industry in 2008~2012 (tonne)
Table VI-3.1-4 Supply of glycine in China in 2008~2012(tonne)
Table VI-3.1-5 Supply and market demand in glyphosate industry of DEA in China in the past three years (tonne)
Table VI-3.1-6 Demand of DEA in domestic glyphosate industry in the coming five years (tonne)
Table VI-3.1-7 Demand of IDAN in glyphosate industry in the coming five years (tonne)
Table VI-3.1-8 Supply of IDAN in glyphosate industry in the coming five years (tonne)
Table VI-3.2-1 Production cost of AEA pathway in 2007~2012(RMB/t)
Table VI-3.2-2 Production cost of DEA pathway in 2007~2012(RMB/t)
Table VI-3.2-3 Production cost of IDAN pathway in 2007~2012(RMB/t)
Table VI-4-1 Change trend of glyphosate production operation rate in China, 2003~2007
Table VI-4-2 Estimated operation rate of glyphosate technical in China
Table VI-4-3 Change trend of export ratio, 2003~2007
Table VI-4-4 Estimated export ratio of (Glyphosate export + PMIDA)/Glyphosate output
Table VI-4-5 Ratio of total export to glyphosate technical export, 2003~2007

LIST OF FIGURES
Figure II-1.2-1 No-tillage planting area in 2007~2010 in China (million hectares)
Figure II-2.1-1 GDP growth of China in the past 8 years
Figure II-2.1-2 Per capita GDP in 2000~2007
Figure II-2.1-3 Growth rate of domestic glyphosate consumption, GDP and Per Capita GDP in 2005~2007
Figure II-2.2-1 Per capita annual income of rural households in China in 2003~2007
Figure II-2.2-2 Engel’s coefficient in China during 1997~2007
Figure II-2.2-3 Growth rate of domestic glyphosate consumption and per capita annual net income of rural households in 2005~2007
Figure II-2.3-1 Average annual salary for labours and its growth rate in China in 2000-2007
Figure II-2.3-2 Share of labour cost in glyphosate production cost in 2004~2007
Figure II-2.4-1 Population structure in 2000~2007(million population)
Figure II-2.4-2 Per capita planting area and its growth rate in 2000~2007, hectare
Figure II-2.5-1 Consumer Price Index (CPI) and Retail Price Index (RPI) in China in 2000~2006
Figure II-2.5-2 CPI and urban and rural household food consumption index in China in 2000~2007
Figure II-2.5-7 Total index of agricultural means of production, index of pesticide and spraying equipment and CPI in 2003~2006
Figure II-2.6-1 Exchange rate of RMB against USD
Figure II-2.6-2 Exchange rate of RMB against EU and 100 Yen
Figure II-2.7-1 Regional distribution of export volume in the first quarter of 2007
Figure II-2.7-2 Regional distribution of export volume in the first quarter of 2008
Figure II-2.7-3 Growth rate of export volume in the first quarters of 2007 and 2008
Figure II-2.8-1 Price of raw coal, crude oil and glyphosate technical in China in 2006~2008
Figure II-2.8-2 Output and consumption structure of energy in 2000~2006 (unit: 10 thousand tonnes coal)
Figure II-2.8-3 China’s output and import of crude oil in 2002~2007 (Unit: 10 thousand tonnes)
Figure II-2.8-4 Import volume of liquid natural gas in 2005~2007 (Unit: tonne)
Figure II-3.1-1 Pesticide structure China by output in 2000~2007.
Figure II-2.2. 1-2 Pesticide output structure in 2000
Figure II-2.2.1-3 Pesticide output structure in 2007
Figure II-3.3-1 Distribution channel of glyphosate in China
Figure II-4.2-1 Global planting area of GM crops, 2000-2007
Figure II-4.2-2 Global area of GM crops by crop, 1996-2007 (Unit: million hectares)
Figure II-4.2-3 Global adoption rate (%) for principal biotech crops (Million hectares) 2007
Figure II-4.2-4 Global area of GM crops by trait, 1996-2007 (million hectares)
Figure II-4.2-5 Growth rate of global area of GM crops by trait, 2000-2007
Figure II-5.1-1 Glyphosate consumption in different crops in China in 2007
Figure II-5.1-2 Conventional crops planting situation in China in recent years
Figure II-5.1-3 Planting area of major conventional crop in China in the past five years
Figure II-5.1-4 Planting area expansion of major conventional crop in the past five years in China
Figure II-7-1 Market share of China’s glyphosate in the world in 2001~2007
Figure II-7.1-1 China’s glyphosate technical capacity and output in 2001~2007
Figure II-7.1-2 Regional distribution of glyphosate technical output in China in 2007
Figure II-7.3.1-1 Output of PMIDA by different routes in China in 2006 and 2007
Figure II-7.3.1-2 Capacity structure of PMIDA in China in the first half of 2008 by different routes
Figure II-7.3.1-3 Output and growth rate of PMIDA in China in the past three years
Figure II-7.3.1-4 Consumption structure of China’s PMIDA in 2007
Figure II-7.3-5 Growth rate of Chinese glyphosate technical output and export, formulation, export (converted by 95% technical) and PMIDA export during 2005~2007
Figure II-8.1.2-1 Situation of China’s glyphosate output in the global markets in 2005~2007
Figure II-8.1.2-2 Situation of China’s glyphosate in the overseas markets in 2005~2007
Figure II-8.1.2-3 China’s glyphosate export structure in 2007 by export destination
Figure II-8.1.2-4 China’s glyphosate technical export structure in 2007 by destination
Figure II-8.1.2-5 Export structure (glyphosate technical/ total glyphosate products) of Chinese glyphosate product in 2007
Figure II-8.2.1-1 China’s consumption pattern of glyphosate technical in 2004~2007(Unit: tonne)
Figure II-8.2.1-2 China’s consumption of glyphosate technical from 2004 to 2007 (Unit: tonne)
Figure II-8.2.2.1-1 Regional distribution of glyphosate use in China in 2007
Figure II-8.2.2.1-2 Structure of glyphosate use in China in 2007 by region
Figure II-8.2.2.2-1 Proportion of glyphosate use in major plants in 2007
Figure II-9-1 Raw material structure of glyphosate in China
Figure II-9.1.1.2-1 Flowchart of chloroactic acid ammonolysis process
Figure II-9.1.1.2-2 Flowchart of Strecher process
Figure II-9.1.1.2-3 Flowchart of improved Strecher process
Figure II-9.1.1.2-4 Flowchart of Natural gas-HCN process
Figure II-9.1.1.2-5 Flowchart of amplified Natural gas-HCN process
Figure II-9.1.1.2-7 Regional distribution of glycine output in 2007 in China
Figure II-9.1.2-1 Industrial chain of yellow phosphorous in China
Figure II-9.1.2-2 Regional distribution of yellow phosphorous capacity in China in 2007
Figure II-9.1.3-1 Geographical distribution of the capacity of PF in China in 2008
Figure II-9.1.4-1 Flowchart of DMP production by non-solvent method
Figure II-9.2.1-1 Flowchart of ethanolamine in China
Figure II-9.2.1-2 Shipment mode of imported DEA in 2007
Figure II-9.2.2-1 Flowchart of formaldehyde production by silver catalytic oxidation method
Figure II-9.2.2-2 Average price of formaldehyde and methanol in China (RMB/t)
Figure II-9.2.2-3 Consumption structure of formaldehyde in China in 2007
Figure II-9.3.1-1 Route developed by Sichuan Chemical Academy and Anhui Huaxing
Figure II-9.3.1-2 Route of Chongqing Unisplendour
Figure II-9.3.1 China’s capacity of IDAN in 2007 and 2008
Figure II-9.3.2 Output of IDAN in the past two years
Figure II-9.3.3 China’s import of liquid natural gas in 2005-2007 (tonne)
Figure II-10.1-1 China’s capacity and output of glyphosate by AEA pathway in the past years (tonne)
Figure II-10.1-2 Share of capacity and output of glyphosate by AEA pathway 2001~2007
Figure II-10.1-3 Prices of crude oil and DEA in the past years
Figure II-10.1-4 Capacity and output of glyphosate (DEA route) in the past years (tonne)
Figure II-10.1-5 Percentage of capacity and output of glyphosate (DEA route)
Figure II-10.1-6 Capacity and output of glyphosate (IDAN route) in the past years
Figure II-10.1-7 Percentage of capacity and output of glyphosate (DEA route)
FigureII-10.2.1.1-1 Flow chart of AEA pathway
Figure II-10.2.1.2-1 Process of glyphosate production in Zhejiang Xin’an
FigureII-10.2.2.1-1 Flowchart of DEA route
Figure II-10.2.3.1-1 Flowchart of IDAN route
Figure III-1.2-1Growth rates of revenue, cost of good sold, profit of Zhejiang Xin’an, 2004~2008, %
Figure III-1.3-1 Revenues from organosilicon, pesticides and others of Zhejiang Xin’an, from 2005~2007, million yuan
Figure III-1.3-1 Gross profit from organosilicon, pesticides and others of Zhejiang Xin’an, 2005~2007, million yuan
Figure III-1.5.1-1 Gross profit margin of pesticides (about 90% is glyphosate) in Zhejiang Xin’an in recent 3 years
Figure III-1.5.1-1 Overseas sales network of Zhejiang Xin’an
Figure III-2.2-1 Growth rates of revenue, CoGs, profit of Nantong Jiangshan, 2004~2008, %
Figure III-2.3-1 Revenues from pesticides, chemicals, resins and others of Nantong Jiangshan, from 2005~2007, million yuan
Figure III-2.3-1 Gross profits of pesticides, chemicals, resins and others of Nantong Jiangshan, from 2005~2007, million yuan
Figure III-2.5.1-1 Revenue from glyphosate in Nantong Jiangshan, 2000~2007
Figure III-2.5.1-1 Gross profit from glyphosate in Nantong Jiangshan, 2000~2007
Figure III-2.5.1-1 Gross profit margin of glyphosate in Nantong Jiangshan, 2000~2007
Figure III-3.2-1Growth rates of revenue, cost of goods sold, profit of Anhui Huaxing, 2004~2008, %
Figure III-3.5.1-1 Capacity and output development of glyphosate in Anhui Huaxing, 2005~2009
Figure III-4.2-1Growth rates of revenue, cost of goods sold, profit of Jiangsu Yangnong, 2004~2008, %
Figure III-4.3-1 Revenue streams of Jiangsu Yangnong, million yuan
Figure III-4.3-2 Gross profits of Jiangsu Yangnong, million yuan
Figure III-4.5.1-1 Capacity and output development of glyphosate in Jiangsu Yangnong
Figure III-4.5.1-2 Domestic sales network of Jiangsu Yangnong for pesticides
Figure III-4.5.1-3 overseas sales network of Jiangsu Yangnong for pesticides
Figure III-5.2-1Growth rates of revenue, cost of goods sold, profit of Hubei Sanonda, 2004~2008, %
Figure III-5.3-1 Revenues of Hubei Sanonda breakdown by pesticides, chemicals and others, 2005~2007, million yuan
Figure III-5.5.1-1 Capacity and output of glyphosate in Hubei Sanonda
Figure V-1 Price model of glyphosate technical
Figure V-1.1-1 Production cost and market price of glyphosate technical in China, Jan-2003~Mar-2008, RMB/t
Figure V-1.2-1 Domestic consumption and price of glyphosate in China, Jan-2003~Mar-2003
Figure V-1.2-2 Export volume and price of glyphosate technical in China, Jan-2003~Mar-2008
Figure V-1.2-3 Operation rate and price of glyphosate price in China, Jan-2003~Mar-2008
FigureV-1.2-4 Export ratio and market price of glyphosate technical in China, Jan-2003~Mar-2008
FigureV-1.2-5 Ratio of total export to glyphosate technical export
Figure V-3-1 Difference between observed market price and the estimated with the price model
Figure VI-3.1-1 Cost structure of AEA pathway in June 2008
Figure VI-3.1-2 Cost structure of DEA pathway in June 2008
Figure VI-3.1-3 Cost structure of IDAN pathway in June 2008
Figure VI-3.1-4 Price of DMP in the past five years (RMB/t)
Figure VI-3.1-5 Price of DMP in the coming five years (RMB/t)
Figure VI-3.1-6 Price of glycine in the past five years (RMB/t)
Figure VI-3.1-7 Price of glycine in the coming five years (RMB/t)
Figure VI-3.1-8 Price of DEA in the past five years (RMB/t)
Figure VI-3.1-9 Price of DEA in the coming five years (RMB/t)
Figure VI-3.1-10 Price of IDAN in the 2005~2012 (RMB/t)
Figure VI-3.2-1 Average production cost of glyphosate in China in 2007~2012(RMB/t)
Figure VI-5-1 Glyphosate price estimation with the price model, 2008~2013, RMB/t
Figure VI-6-1 Profit estimation of China’s glyphosate manufacturers, 2008~2013, RMB/t
Figure VI-6-2 Profit margin estimation of China’s glyphosate manufacturers, 2008~2013, %

Published By: CCM International
Product Code: CCM International1041


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