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Entering spring ploughing, the demand for rice insecticides and wheat insecticides boosts, which further intensifies the competition among some pesticide manufacturers. Some insecticide manufacturers, such as those who make chlorpyrifos, are developing new markets in order to release the great overcapacity and grasp more market share.
Driven by the increasing market demand, market prices of most insecticides continue to climb up in April. Though the market price of abamectin remains the same level as that in last month, CCM deems it will have witness growth in the coming months.
In this issue, CCM also reports China Crop Protection Summit convoked in March. Some hot topics during the summit were covered in this issue, together with some conclusions of these topics, which may be helpful for those who didn't participate in it. Besides, CCM continues to pay attention to some hot insecticides like acephate, flufiprole, imidaclothiz and botanical insecticide veratrine in this issue.
A heated fight in rice insecticide market has started soon after 2011 Spring Festival.
According to the Ministry of Agriculture, 541 insecticides in total were registered in 2010, with a YoY decline of 60.0%.
Both revenue and net profit of Hebei Veyong rise in 2010.
On 18 March, Jiangsu Changqing Agrochemical Co., Ltd. released its 2010 annual report, showing that total revenue rose and operating profit declined.
Currently, Sinochem Ningbo (Lianyungang) Chemicals Co., Ltd. is building production lines of fipronil technical and its intermediate.
On 29 March, Hebei Veyong Bio-Chemical Co., Ltd. laid a foundation for its overall relocation project in Shijiazhuang.
China Crop Protection Summit (CCPS) 2011 was convened in Shanghai on 18-19 March.
As a recommended substitute for highly toxic insecticides, acephate's market prospect will hopefully be good.
M&A will be a major trend of China's pesticide industry in the coming five years.
Peanut field becomes chlorpyrifos manufacturers' new battlefield in 2011.
Imidaclothiz will enjoy a good market in 2011.
Like most botanical insecticides, veratrine sees growth potential in 2011.
In March, 80% flufiprole WDG from Dalian Razer Pesticides Co., Ltd. got temporary registration.
Up to 17 March, total stricken area of diseases and insect pests on wheat hit 7.6 million hectares.
Market price of abamectin technical will increase in Q2 2011.
In January, China's total export volume of chlorpyrifos technical reached 1,200 tonnes, with a YoY growth of 37%.
Heated fight in rice insecticide market starts
Insecticide registration down in 2010
Hebei Veyong: both revenue and net profit up in 2010
Jiangsu Changqing: total revenue up but operating profit down in 2010
Sinochem Ningbo (Lianyungang) building fipronil production line
Overall relocation of Hebei Veyong starts
China Crop Protection Summit 2011 convokes in China
Acephate sees promising market prospect
Mergers & acquisitions: trend of pesticide industry
Peanut field becomes chlorpyrifos manufacturers' battlefield
Imidaclothiz has promising market prospect
Botanical insecticide veratrine sees growth potential
Another flufiprole formulation gets registration
Diseases and pests hit 7.6 million hectares of wheat field
Monthly ex-factory prices of key raw materials, April 2011
Monthly ex-factory prices of main insecticides in China, April 2011
Monthly Shanghai Port prices and FOB Shanghai price of main insecticides, April 2011
Average market price of main crops in China, 31 March 2011
Market price of abamectin technical to increase
Hebei Veyong Bio-Chemical Co., Ltd.; Jiangsu Changqing Agrochemical Co., Ltd.; Sinochem Ningbo (Lianyungang) Chemicals Co., Ltd.; Guangzhou CCM Information Science and Technology Co., Ltd.; Hangzhou Tianchuang Waterpure Equipment Co., Ltd.; Hubei Sanonda Co., Ltd.; Zhejiang Jiahua Group Co., Ltd.
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