Fungicides China News 1211

Published by: CCM International Limited

Published: Nov. 9, 2012 - 19 Pages


Table of Contents

Changqing Agrochemical: both revenue and net profit achieve double-digit growth from Q1 to Q3 2012
Lanfeng Biochemical's net profit down 44.71% year on year in the first nine months of 2012
Noposion turns performance slide around in Q3 2012
Market quotation of mancozeb technical still sees downturn in Oct. 2012
Carbendazim export confronts decrease in the first eight months of 2012
Domestic companies covet fungicides to go off-patent
Chinese fungicides Imp. & Exp. analysis in Sept. 2012
O-phenylenediamine: both import and export fall in the first nine months of 2012
CAC Nantong to build 300t/a azoxystrobin technical production line
Shangyu Nutrichem registers fludioxonil 98% TC
Huanghai Pesticide Chemical relocates into Binhai Industry Park
Deqiang Biochemical to build ningnanmycin and bacillus subtilis production lines
Kresoxim-methyl mixture registration significantly rises since early 2012
Registration of azoxystrobin technical jumps in Oct. 2012"

Abstract

According to Sui Pengfei, an official from the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA), during the 5th China High-Level Forum on Pesticides that new Pesticide Management Regulations will be issued before Dec. 2012, which will be favorable to the development of domestic pesticide industry in the future. Also, the detailed information about this new regulation will be timely reported by CCM.

Though the whole market situation of China's pesticide industry witnessed recovery with the demand pull this year, fungicides' market quotation confronted a downturn trend, especially in fungicide export. Specifically, Chinese total export volume of fungicides declined by 7.98% year on year from Jan. to Sept. 2012 to 54,250 tonnes. Under the circumstances, the total export value of fungicides also witnessed a fall of 11.49% year on year from Jan. to Sept. 2012 to about USD254.76 million.

Particularly, some key export-oriented fungicide varieties performed poorly in export business since early 2012, such as carbendazim and mancozeb. Due to the gloomy export condition, the quoted prices of these two fungicides mentioned above also gradually went down in the past few months of this year, which correspondingly exacerbated the difficulties among domestic manufacturers.

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