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Chinese Trifluralin Meets White-hot Supply/Demand
Trifluralin meets jumping price and intense supply/demand in Oct. 2011, according to CCM’s October Issue of Herbicides China News.
In the price monitoring of trifluralin, CCM International found that most trifluralin technical manufacturers declined to offer quotation of trifluralin technical due to the lack of spot goods. And those manufacturers who are willing to accept deals expressed that the new orders must queue to the next year, 2012.
"Trifluralin technical production lines in our company are running at full capacity now." Almost all active technical manufacturers expressed like this in CCM International's investigation.
One sales manager of Fengshan Group Co., Ltd., whose trifluralin technical reached 8,000t/a, detailed that their trifluralin technical production reached full load immediately after it restarted in Sept. 2011, one month behind the regular period of check and maintenance during July and Aug. every year.
Aiming to make sure smooth supply during the peak season, generally, Chinese trifluralin manufacturers produce trifluralin one month earlier than the peak season, namely in Sept. But overseas demand usually overwhelms the domestic supply in peak season, resulting in relatively intense supply/demand. Especially contributed by the inflation in China this year, trifluralin price rushes high in 2011.
Trifluralin technical price in early Oct. exceeded USD6,200/t, up almost USD700/t over the average price in Sept. 2011. On the whole, trifluralin technical price in China keeps aggressive in recent months. It's predicted that this price uptrend of trifluralin technical in China will continue in the remaining months of 2011.
As emphasized by those trifluralin manufacturers who quoted technical price, recent quotation of trifluralin technical can't remain stable in a long term. In other words, this quotation will still fluctuate in an estimate, impacted by the white-hot supply/demand.
In terms of those who suspended trifluralin production, unstable material expenses are mainly responsible for their idle trifluralin production. One salesman from Shandong Qiaochang Chemical Co., Ltd. (Shandong Qiaochang) explained that relative material prices fluctuate so frequently that Shandong Qiaochang also suspends the production in order to avoid the risk of deficit.
Because of the inflation and choppy overseas economic market, in fact, Chinese herbicide manufacturers endure large cost pressure in 2011. Besides trifluralin, almost all herbicides keep at a high price level in 2011. As indicated in CCM International's price monitoring, the ex-work price of trifluralin technical in Oct.2011 is about USD2,500/t higher than that in the corresponding period of 2010.
It can be predicted that the future price of trifluralin technical in Nov. and Dec. will change slightly because most active manufacturers in China have stopped quoting price. What's more, this white-hot supply/demand of trifluralin in China will continue until 2012.
Source: Herbicides China News 1110
Content of Herbicides China News 1110:
Nantong Jiangshan repressed by deficit risk
Jiangsu Changqing celebrates fomesafen expansion
Shandong Jingbo pursues fomesafen aggressively
Jiangsu Jialong achieves diuron relocation
Lianhe Technology invests in fluorine-containing chemicals
Fengshan Group enhances herbicide product mix
Acetochlor is in short supply in Sept.2011
Chinese trifluralin meets white-hot supply/demand
Anhui Fengle runs new tribenuron-methyl capacity
Glyphosate supply intense in Fuhua Tongda
Nantong Jiangtian expands paraformaldehyde capacity
Jiangsu Huifeng phases 10,000t/a bromoxynil octanoate construction
Glyphosate technical meets price upturn
Qufu Hongly stops pyridine project
Sanonda's 10,000t/a pyridine base construction ongoing
Herbicides China News, a monthly publication issued by CCM International on 15th of every month, provides you with the latest occurrences, exclusive analysis on the market trend as well as professional reviews on competitiveness of companies, products and relative industries in China’s herbicide industry.
(Guangzhou China, October 18, 2011)
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CCM is an consulting company located in China, with services like market report, newsletter, database, price monitoring, export/import analysis, conference etc. CCM's foucusing is Agrochemicals market, food ingredients market, fine chemicals market.