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Taking a whole view of the pesticide industry, most of listed enterprises suffered drop of net profit in H1 2010, such as Jiangsu Changqing Agrochemical Co., Ltd. and Jiangsu Yangnong Chemical Group Co., Ltd. On one hand, insecticide market is spending the inventory due to producers' suspension of production resulted from slack market demand; on the other hand, overseas companies imposed tremendous pressure on domestic companies, as multinational corporations share China's insecticide market with their prime products which are popular with many peasants in China.
Chinese government has paid more attention to pesticide industry and put forward a series of positive policies to adjust industrial structure: highly toxic pesticides will be sold by designated operators and purchasers shall register their real names, which may possibly bring some changes in pesticide management and market order.
Besides, Different insecticides are experiencing rise and fall: azadirachtin, a bio-insecticide, will be launched in Nanjing, while pyrethroid insecticides market has witnessed the scene again that the busy season is not seeing a prosperous sale since May 2010 in China. And methyl bromide, whose substitutes are under hot research and development this year, is facing the deadline of being roundly forbidden.
According to statistics from China Customs, China's insecticides export volume hit 48,000 tonnes in Q2 2010, up 33.9% year on year, and export value reached USD150 million, up 25% year on year.
Pyrethroid insecticide market has witnessed second slack performance in busy season since May 2010.
Net profit of Yangnong Chemical dropped to USD14.3 million (RMB97.4 million) in H1 2010, down 19.63% year on year, primarily due to flagging market demand for pesticides and adverse impact of climate.
Nanjing Jiukang will put azadirachtin into production at the end of Sept. 2010.
In fiscal H1 2010, net profit of Jiangsu Changqing dropped by 5.63% year on year, totaling USD7.41 million.
Shandong Jingpeng plans to expand capacity of clothianidin technical from 1,000t/a to 1,150t/a from 2010.
China's methanol market demand has recovered in H1 2010, compared with that in H1 2009.
Multinational corporations share China's insecticide market with their prime products, which accounting for much market share and bringing severe stress to domestic companies.
According to statistics from China Customs, China's insecticides export volume hit 48,000 tonnes in Q2 2010, up 33.9% year on year, and export value reached USD150 million, up 25% year on year.
R&D of substitutes for methyl bromide, which will be completely prohibited soon, goes hot.
Abolished export rebates exerted slight impact on endosulfan technical at the moment.
Next peak occurrence season of corn insect pests is predicted to come in the following two months.
In major vegetable producing areas, highly toxic pesticides will be sold by designated operators and purchasers shall register their real names.
Overseas enterprises actively adopted effective measures to fight against counterfeit and shoddy activities in 2010.
95% buprofezin technical price has been rising slightly in China since July 2010, mainly driven by tight supply and occurrence of insect pests.
Two hundred and fifteen companies achieved 276 registrations for insecticides in China in Aug. 2010.
In the past two years, profenofos' registration amount has kept large, reflecting its bright market prospect.
Pyrethroid insecticides suffering depressed market again
Yangnong Chemical's net profit down 19.63% in H1 2010
Azadirachtin to be produced in September
Jiangsu Changqing's net profit down 5.63% in H1 2010
Shandong Jingpeng's clothianidin technical capacity to reach 1,150t/a
Methanol market demand recovers in H1 2010
International brand of insecticides: a challenge to domestic players
China's insecticide export volume and value up in Q2 2010
R&D of alternative for methyl bromide becomes hot
Endosulfan: slightly affected by abolished export rebates
Later period of corn insect pests' occurrence in 2010
Purchasing pesticide by real name
DuPont protects legal rights in China
Monthly ex-factory prices of key raw materials, Sept. 2010
Monthly ex-factory prices of main insecticides in China, Sept. 2010
Monthly Shanghai port prices and FOB Shanghai of main insecticides, Sept. 2010
Average market price of main crops in China (31 Aug. 2010)
95% buprofezin technical price rebounds
Insecticide registration in Aug. 2010
Profenofos registration maintains hot in China
Wynca acquires Ningxia Sanxi
New wettable powder additive marketed
Dongfeng Chemical's botanical insecticide gets first registration in China
Kwin Group's pymetrozine enrolled in the state "Torch Plan"
Pesticide price to climb in China
Jiangsu Yangnong Chemical Group Co., Ltd.;Nanjing Jiukang Science and Technology Development Co., Ltd.;Jiangsu Changqing Agrochemical Co., Ltd.;Shandong Jingpeng Bio-Pesticide Co., Ltd.;DuPont
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