NEW YORK, June 13, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
http://www.reportlinker.com/p0885265/Fungicides-China-News-1205.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Pesticide
According to the General Administration of Customs of the People's Republic of China (GAS), China's import volume of pesticides increased by 8.1% year on year in the first quarter of 2012 to 16,000 tonnes.
Although the import volume of fungicides ranked the second among all pesticide categories in China in Q1 2012, reaching 3,439 tonnes, its YOY growth rate witnessed a slip of 5.0%.
With the large-scale occurrence of crop diseases, the production and consumption of fungicides in domestic market have entered into peak period recently. For instance, China's output of carbendazim technical exceeded 14,000 tonnes (calculated by 100% AI, similarly hereinafter) in Q1 2012. Moreover, the sales volume of this fungicide from domestic market hit about 7,000 tonnes at the same time.
Azoxystrobin, the most popular strobilurin fungicide around the world, began to be in hot registration in China in 2010, and this situation has been still continuing since early 2012. Statistics from the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA) show that the registration quantity of azoxystrobin has reached eight from Jan. to late April this year, accounting for 40% of the total registrations of this fungicide during 2006~late April 2012 (not including repacking registration, similarly hereinafter).
Qianjiang Biochemical's net profit witnesses a sharp drop of 79.80% year on year to USD1.59 million in 2011.
Noposion's net profit decreases by 25.24% year on year to USD12.92 million in 2011, but its fungicide revenue witnesses an increase of 8.25% year on year.
Huifeng Agrochemical's net profit continues to go down in 2011, reaching USD9.90 million, down 38.10% year on year.
SYRICI has successfully developed pyrametostrobin•thiram 25% SC through the wet grinding process.
Xi'an MPC has been vigorously promoting cuppric nonyl phenolsulfonate 30% ME in domestic market in recent years.
China's import volume of pesticides increases by 8.1% year on year in Q1 2012 to 16,000 tonnes.
China's output of carbendazim technical exceeds 14,000 tonnes in the first quarter of 2012.
China is drawing up national industry standards for kasugamycin (TC, AS and WP), which will improve the development of kasugamycin industry.
On 20 April 2012, Changqing Agrochemical successfully launches its fenoxanil technical production line with the capacity of 500t/a.
Bowin Agriculture's azoxystrobin•prochloraz 30% ME will enjoy a bright market prospect in the future thanks to its excellent control effect on rice sheath blight and blast.
Key crop diseases are predicted to occur on large scale in Guangxi in H1 2012, reaching 1.46 million ha.
The occurrence areas of wheat diseases and insect pests will accumulatively reach 21.55 million ha. and 26.00 million ha. respectively in China from late April to June this year.
Azoxystrobin has been in hot registration in China since early 2012, and this situation is estimated to continue in the next few months of this year.
The registrations of tebuconazole products, especially formulations, are hot in early 2012.
The ex-factory price of tebuconazole 97% TC witnesses slip in early May 2012.
Qianjiang Biochemical's net profit sharply drops in 2011
Noposion: net profit slides but fungicide revenue increases in 2011
Huifeng Agrochemical's net profit continues decrease in 2011
SYRICI successfully develops pyrametostrobin•thiram 25% SC
Xi'an MPC vigorously promotes cuppric nonyl phenolsulfonate
China's import volume of pesticides increases in Q1 2012
Domestic output of carbendazim technical exceeds 14,000 tonnes in Q1 2012
New policy beneficial to development of kasugamycin
Changqing Agrochemical successfully launches 500t/a fenoxanil technical production line
Azoxystrobin•prochloraz 30% ME to enjoy bright market prospect
Key crop diseases predicted to occur on large scale in Guangxi in H1 2012
Diseases and insect pests to seriously occur in middle and later stage of wheat
Azoxystrobin registrations keep hot in 2012
Registrations of tebuconazole formulation go hot in early 2012
Ex-factory price of tebuconazole 97% TC witnesses slip in early May 2012
Companies Mentioned
Qianjiang Biochemical, Noposion, Huifeng Agrochemical, SYRICI, Xi'an MPC
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