Methomyl is a broad-spectrum insecticide that is used
in agriculture to kill insects that interfere with crop production. China is a
large producer of methomyl, and many countries around the world rely on China
to obtain methomyl-based pesticides. In December 2019, China's methomyl
exports showed an upward trend, especially with regard to a particular methomyl
formulation. The overall export price of methomyl rose in December 2019, and a
particularly large increase was seen in the export price of methomyl TC.
China's
exported an increased volume of methomyl during December 2019. According to
China Customs and ChinaChemicals Market, in December 2019, China exported 990.08
tonnes of methomyl, up by 19.52% compared to the previous year. Notably, the
export volume of methomyl formulation was 365.50 tonnes, a sharp increase of
203.66% compared to the previous year. However, a decrease of 11.78% was shown
in the tranalysis.com/Analysis/Index#item1?KeyWordID=1ea6f8b39ff44ad4becec20c63502df5&PublisherID=b3fac7dd-9156-424c-9843-193631ebb67b' target='_blank'>export volume of methomyl TC compared to the previous year, with an
export volume of 624.58 tonnes.
The export price of methomyl saw a general increase during December 2019, and
in particular, a sharp increase was seen in the price of methomyl TC. According
to China Customs and China Chemicals Market, the average export price of
methomyl in December 2019 was USD 13.85/kg, up by 5.21% compared to the
previous year. Specifically, the average export price of methomyl TC was USD
14.86/kg, up by 14.17% compared to the previous year. However, a methomyl
formulation consisting of methomyl 20% EC, methomyl 40% SP and methomyl 90% SP;
methomyl TC refers to 98% methomyl TC saw a decrease in export price; the
average export price of this methomyl formulation was USD 12.12/kg, down by
13.63% compared to the previous year.
Over 30 countries import
methomyl from China, with Brazil, Taiwan, and Israel as top buyers
China's methomyl was exported to over 30 countries or regions in December 2019.
307.43 tonnes of the aforementioned methomyl formulation were exported to the
top 10 destinations, accounting for 84.11% of China's total export volume. The
top 3 destinations of methomyl formulation were Peru, Egypt and Australia. In
addition, methomyl TC was exported to 8 destinations in December 2019. The top
3 destinations of methomyl TC were Brazil, Taiwan and Israel, which imported a
total volume of 605.85 tonnes, accounting for 97% of China's total export
volume of methomyl TC. In particular, Brazil imported 499.65 tonnes of methomyl
TC from China, singlehandedly accounting for 63.99% of China's total export
volume of methomyl TC.
Methomyl operations
thriving in China, with over 30 companies in the international market
Over 30 Chinese companies exported methomyl products during December 2019. The
total export volume of the aforementioned methomyl formulation from the top 10
exporters was 267.77 tonnes, accounting for 73.26% of China's total export
volume of methomyl formulation. The top 3 exporters of methomyl formulation
were Nanjing Sinotop Industrial and Trading Co., Ltd., Qingdao Rainbow Chemical
Co., Ltd. and Ningbo Sanyi Biotechnology Co., Ltd. Furthermore, ten Chinese
companies exported methomyl TC in December 2019. Among them, Shandong Huayang
Technology Co., Ltd. exported the most methomyl TC with 343.90 tonnes,
accounting for 55.06% of China's total export volume of methomyl TC.
For more
information on China's insecticides market, please check our Insecticides
China News.