Herbicides China News 1404

CCM International Limited
April 28, 2014
33 Pages - SKU: OFCM5248137
Countries covered: China

Herbicides China News 1404

In April 2014, many listed pesticide companies released their 2013 annual financial reports. It is worth noting that most of the listed pesticide companies have gained a satisfactory performance in 2013, such as Hupont-nutrichem, Lier Chemical and Zhejiang Shenghua Biok. In addition, many enterprises are optimistic about the market demand for pesticide in 2014, and they believe that they can obtain good performance in this year. Based on favorable market conditions for pesticide in 2013, some enterprises are planning to enlarge their capacity of pesticide and enrich product variety in 2014. For instance, both of Shandong Rainbow and Henan Yingtai Agrochemical are planning to build several new product lines.
As of the end of March, 2014, the MOA released a new standard of MRLs, which standard items will increase to 3,650 and will be put into effect from 1 Aug. 2014. Some insiders believe that the implementation of the new standard can facilitate the healthy and sustainable development of the pesticide industry.
Note: 1. All tables and figures in this issue are calculated by the same RMB/USD exchange rate (1USD=6.1490RMB). 2. Nuances in some data are mainly caused by rounding principle.



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