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China’s export of Paraquat in Nov. 2014 up by 16.0% MoM

According to Think Real’s analysis, in Nov. 2014, China totally exported 13,154 tonnes of paraquat, up by 16.0% month on month; the total export value was USD42.6 million, increasing by 6.9% over Oct.

 

By different exported paraquat formulations, in Nov. 2014, China’s export volume of paraquat TK (including 42% TK and 45% TK) was 6,839 tonnes, which was worth USD24.9 million; that of paraquat formulations (including 20% AS and 25% AS) was 6,315 tonnes, which were worth USD17.7 million.

 

As for export price, the average export price of 42% paraquat TK in Nov. 2014 was USD3.73/kg, obviously lower than that in Oct., USD4.14/kg. Export prices of formulations all decreased: that of 20% paraquat AS was USD2.83/kg in Nov., down by USD0.03/kg over Oct.; that of 25% paraquat AS was USD2.92/kg, decreasing by USD0.23/kg over Oct.

 

There were 60 exporters of paraquat in China in Nov. 2014. The largest exporter is Shandong Luba Chemical Co., Ltd., which is followed by Syngenta (Nantong) Crop Protection Co., Ltd., Nanjing Redsun International Trade Co., Ltd. and Ningbo Generic Chemical Co., Ltd.

 

China exported its paraquat to 45 countries and regions in Nov. 2014, 9 more than that in Oct. By volume, the top ten imported 10,067 tonnes of paraquat from China, which was worth USD32.6 million and accounted for 76.5% of the total volume and 76.6% of the total value. Main exported destinations of China’s paraquat were Malaysia, Vietnam, Thailand, Uruguay and Brazil.

 

Table 17: Exported paraquat formulations in China, Nov. 2014

Formulation

Volume, kg

Average price, USD/kg

Value, USD

20% AS

6,247,800

2.83

17,472,224

45% TK

3,613,820

3.73

13,418,946

42% TK

3,224,908

3.63

11,498,278

25% AS

67,536

2.92

208,429

Total

13,154,064

3.21

42,597,877

Source: China Customs

 

Table 18: Top ten exporters of paraquat in China, Nov. 2014

No.

Exporter

Volume, kg

Value, USD

1

Shandong Luba Chemical Co., Ltd.

1,352,825

3,830,947

2

Syngenta (Nantong) Crop Protection Co., Ltd.

1,309,120

5,170,824

3

Nanjing Redsun Co., Ltd.

1,133,056

3,701,496

4

Nanjing Redsun International Trade Co., Ltd.

1,083,208

3,310,558

5

Ningbo Generic Chemical Co., Ltd.

1,010,016

2,565,821

6

Shanghai Waigaoqiao International Logistics Co., Ltd.

846,000

3,609,628

7

Shijiazhuang Baofeng Chemical Co., Ltd.

654,752

2,067,286

8

Shandong Weifang Rainbow Chemical Co., Ltd.

618,195

1,993,286

9

Shandong Kexin Bio-Chemistry Co., Ltd.

583,680

1,665,208

10

Shenzhen Baocheng Chemical Industry Co., Ltd.

480,000

1,435,200

Source: China Customs

 

Table 19: Top ten export destinations of paraquat in China, Nov. 2014

No.

Destination

Volume, kg

Value, USD

1

Malaysia

1,568,400

6,130,809

2

Vietnam

1,473,120

4,447,620

3

Thailand

1,352,546

4,348,792

4

Uruguay

1,193,184

3,025,596

5

Brazil

1,095,393

3,498,650

6

Indonesia

992,160

3,605,382

7

Nigeria

973,501

2,856,514

8

Argentina

540,992

1,748,342

9

Ghana

517,761

1,533,643

10

Mexico

360,100

1,447,991

Source: China Customs

 

(More detailed market intelligence in News_ China Agrochemicals Weekly Insight. For sample and subscription, please contact your account manager or mail to contact@think-real.com

  

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