Glyphosate China Monthly Report 1510 is a new market research publication announced by Reportstack. In 2015, China's glyphosate market stays in downturn. Major domestic glyphosate manufacturers' total revenue is dragged down by the sliding glyphosate performance. For example, Nantong Jiangshan's net profit in Q1-Q3 recorded a YoY drop of 94% due to the slumping gross profit margin from glyphosate business. However, some enterprises who have cultivated new profit growth points rely on new advantages to offset the loss of glyphosate business. Just like Jiangsu Yangnong, it's overall revenue and profit maintain stable growth attributed to prosperous dicamba market. Lier Chemical's net profit in Q1-Q3 also reported a YoY rise of 26.34% because it makes good use of the advantage of glufosinate-ammonium. In the face of the stagnant glyphosate market, seeking new business growth point becomes a major way for glyphosate enterprises to survive in predicament.
Sinochem International Corporation ; Hubei Sanonda Co., Ltd.; Nantong Jiangshan Agrochemical & Chemical Co., Ltd.; Jiangsu Yangnong Chemical Group Co., Ltd.;
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