In Q1 2016 (Jan.-March), China's nicosulfuron TC market remained slack, with
downstream purchasers holding wait-and-see attitude. Most formulation
manufacturers gradually stocked up for production, and the product price stood
still.
Regarding the export, according to China Customs and CCM, the export price of
nicosulfuron TC was USD33.26/kg in Q1 2016, down 24.52% when compared to
USD44.07/kg in Q1 2015. Notably, the slumping export price did not spur up the
export volume – 65.63 tonnes, down 36.83% YoY. The significant reduction in
both export volume and price also caused largely declining export value.
In Q2 2016, as replenishment of downstream purchasers comes to an end, the
nicosulfuron TC enters the slack season. The market price maintains relatively
low and the export price also stands still. The export volume depends mostly on
overseas purchasers' plans.
Export volume and price of 95% nicosulfuron TC in China, Q1 2015 and 2016
Source: China Customs and CCM
China mainly exported nicosulfuron TC to France, Japan, Portugal, Slovenia and
Turkey in Q1 2016. These five countries imported 56.40 tonnes of nicosulfuron
TC from China in total. It should be mentioned that France imported 32 tonnes,
48.76% of the total.
In addition, the exported nicosulfuron TC was mainly produced by Jiangsu
Changqing Agrochemical Nantong Co., Ltd. (Jiangsu Changqing), Jiangsu Repont
Pesticide Factory Co., Ltd., Shandong Bonong Agricultural Development Limited
Company, Jiangsu Fengshan Group Co., Ltd. and Zibo Nab Agrochemicals Co., Ltd.
They exported 52.42 tonnes of nicosulfuron TC in Q1 2016, 79.87% of China's
total. Notably, Jiangsu Changqing exported 27 tonnes, 41.14% of the total.
Main export destinations of nicosulfuron TC from China, Q1 2016
|
No.
|
Export
destination
|
Volume,
tonne
|
Price,
USD/kg
|
|
1
|
France
|
32.00
|
35.64
|
|
2
|
Japan
|
9.10
|
53.09
|
|
3
|
Portugal
|
8.00
|
27.90
|
|
4
|
Slovenia
|
4.00
|
28.95
|
|
5
|
Turkey
|
3.30
|
25.71
|
Source: China Customs and CCM
Exports of nicosulfuron TC by manufacturer in China, Q1 2016
|
No.
|
Manufacturer
|
Volume,
tonne
|
Price,
USD/kg
|
|
1
|
Jiangsu
Changqing Agrochemical Co., Ltd.
|
27.00
|
36.2
|
|
2
|
Jiangsu
Repont Pesticide Factory Co., Ltd.
|
12.33
|
28.35
|
|
3
|
Shandong
Jingbo Agrochemicals Co., Ltd.
|
5.35
|
26.35
|
|
4
|
Jiangsu
Fengshan Group Co., Ltd.
|
5.00
|
32.61
|
|
5
|
Zibo
Nab Agrochemicals Limited
|
2.74
|
33.72
|
Source: China Customs and CCM
This article comes from Herbicides China News 1606, CCM
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Tag: herbicides