Trusted Market and Commodities-Trade Intelligence
According to statistics by Think Real, in April 2015, China exported 82,472 tonnes of glyphosate, increasing by 4.6% month on month; the export value of those products was USD205.9 million, up by 5.1% month on month.
On 9 July, 2015, Meihua Biotechnology Group Co., Ltd. (Meihua Bio) published its H1 2015 performance pre-announcement, according to which the company realized a net profit of USD21.7 million during the period, soaring by around 150% year on year.
On 29 June, 2015, Shandong Department of Agriculture (Shandong DOA) sent a letter to local agricultural bureaus, education and scientific research institutions and pesticide production and operation enterprises to solicit opinions on the Catalogue of Highly-risky Pesticides (the Catalogue).
To safeguard the safety of quality of agricultural produces and ecology, the Ministry of Agriculture of China (MOA) plans to restrict and ban six highly-toxic pesticides with details as follows. Anybody has any opinion about them can propose to the MOA before 15 July, 2015.
On 1 July, 2015, Jiangsu Jiangsu Lanfeng Co., Ltd. (Jiangsu Lanfeng) officially released its legal opinion letter for purchasing 100% shares of Shaanxi Fangzhou Pharmaceutical Co., Ltd. (Fangzhou Pharmaceutical) by issuing stocks to its shareholders and cash.
On 26 June, 2015, the China Crop Protection Industry Association (CCPIA) published a notice saying that it is planning to set up a Professional Committee for Non-agricultural Pesticides to promote Chinese pesticide enterprises to enter the non-agricultural field soon, speed up exploring the non-agricultural pesticide market, grab the new opportunity for the development of non-agricultural pesticides with its member enterprises, forge a bridge linking the pesticides and non-agricultural pesticide markets as well as standardize the scientific pesticide application in the non-agricultural field.
According to the most update data from China Customs, in May 2015, China imported 404,000 tonnes of corn (not for seeds but for animal feeds), around 95% of which came from Ukraine. In the first five months of 2014, China only imported 243,000 tonnes of corn from Ukraine while the figure was 1.6 million tonnes during Jan.-May 2015, soaring by 5.4 times and accounting for 87.6% of the total imported volume in 2014.
On account of developing biological pesticides and biological veterinary drug products as well as a strategy layout regarding oversees business development, Sichuan Hebang Corporation Limited (Sichuan Hebang) signed Equity Transferring Agreement and Shareholder Agreement with Mr. Ziv Tirosh from S.T.K. Stockton Group Ltd. in Israel (Israel STK) on 29 June, 2015. In accordance with the Equity Transferring Agreement and Shareholder Agreement, Sichuan Hebang is planning to invest USD 90 million in Israel STK in cash to hold 51% shares of Israel STK.
On 25 June, 2015, Hubei Sanonda Co., Ltd. (Sanonda) held a meeting with Jingzhou Government, Hubei Province about its factory relocation. It was confirmed in the meeting that Sanonda’s factory in Jingzhou Development Zone will be relocated before the end of 2018.