Overall pesticide market condition in China

In pace with the Chinese government's great support of agriculture production, the demand for pesticides in China has witnessed a steady growth in the past few years. As the demand has grown, the development of the pesticide industry in this period has also enjoyed a good development which has made China the second largest pesticide production country and one of the largest pesticide export countries in the world, according to China Crop Protection Monthly Report 1303, issued by CCM in March.

 

In view of the blooming industry providing a very good opportunity for running business, more and more pesticide enterprises have been founded and lots of new pesticide projects have been launched. Till the end of 2012, there were totally over 1,800 pesticide manufacturers in China, including over 500 pesticide enterprises in TC production. Over the several years of development, China's pesticide output (converted to 100% TC, the same as below) in the past few years has witnessed a continuous growth from 1.04 million tonnes in 2005 to 3.55 million tonnes in 2012.

   

Domestic pesticide TC production enterprises have also shown great comprehensive advantages over foreign pesticide enterprises from developed countries in raw material purchase, resource supply (energy, water, etc.), human resource cost, policy support, etc. These advantages helped China become one of the main undertakers during the transfer process of foreign pesticide capacity. China's pesticide export volume has witnessed a steady growth in the past several years, from 428,000 tonnes in 2005 to 897,400 tonnes in 2012.

Table Contents of China Crop Protection Monthly Report 1303:

Overall pesticide market condition in China

Background and reasons for launching industry integration

External motivation of domestic pesticide industry integration

Inner motivation of domestic pesticide industry integration

Policies carried out to accelerate the pace of pesticide industry integration

Pesticide Industry Policy

12th Five-Year Plan for Pesticide Industry

New Regulations on Pesticide Management

Impact of policies on domestic pesticide industry

Effect on pesticide enterprises

Effect on circulation of pesticides

Domestic pesticide enterprises' expansion mode

Horizontal M&A

Vertical M&A

Conglomerate M&A

IPO

Difficulties remained to be solved

China Crop Protection Monthly Report, a monthly publication issued by CCM, will keep an eye on the most important or the latest occurrences or the hottest topics in China’s crop protection industry, and select one or two topics out of these news and information to compose an in-depth feature article. You can obtain professional and insightful intelligence, covering market dynamic, industry development, government policies and more by going through the features articles every month.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and consultancy service. 

For more information, please visit http://www.cnchemicals.com.

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Tel: 86-20-37616606

Email: econtact@cnchemicals.com

22L � p n �В �� mso-bookmark:OLE_LINK23'>. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and consultancy service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

ChemChina to Integrate Its Pesticide Asset

Hubei Sanonda Co., Ltd. (Hubei Sanonda), a subsidiary of the leading pesticide company in China, ChemChina, released a reorganization plan on 5 May 2012 that ChemChina will inject its two other pesticide subsidiaries into Hubei Sanonda, which is the first step for ChemChina to integrate its numerous pesticide asset. The share price of Hubei Sanonda increased by 10% on 5 May, hitting the daily increase limit, according to CCM’s May issue of AgriChina Investor.

According to the plan released by Hubei Sanonda, it will acquire 80.93% and 70% equities of two other pesticide subsidiaries of ChemChina, namely Jiangsu Anpon Electrochemical Co., Ltd. (Jiangsu Anpon) and Jiangsu Huaihe Chemicals Co., Ltd. (Jiangsu Huaihe), by issuing 131.96 million shares to ChemChina, with the share price of USD0.86/share. Besides, Hubei Sanonda also plans to issue 43.99 million shares to no more than ten particular investors, raising USD37.75 million. The fund raised will be used for the reorganization and to supplement the current funds.

The reorganization plan is not a surprise to domestic investors. There have been rumors that ChemChina planned to integrate its pesticide asset for a long time. ChemChina has taken over some leading pesticide companies in recent years. After gaining 60% stakes of Makhteshim Agan, a leading generic pesticide player in the world, in 2011, ChemChina has become the biggest pesticide company in China and the sixth largest pesticide company in the world.

However, insiders reveal that these companies are operated independently. Though the previous acquisitions haven't achieved the intended target of ChemChina, the integration of these pesticide assets is inevitable.

"The reorganization will benefit the development of the listed company (Hubei Sanonda). It will also increase the profitability and integrate the pesticide business of ChemChina. After the reorganization, the competition among ChemChina's subsidiaries will be reduced. Besides, the asset size of Hubei Sanonda will be greatly enlarged and the risks will be dispersed." According to the reorganization plan released by Hubei Sanonda.

After the reorganization, the sales revenue and product portfolio of Hubei Sanonda will be greatly increased. Hubei Sanonda's sales revenue may exceed USD790 million (RMB5 billion) in 2012 and the company will change from a fertilizer and pesticide company to a company covering raw materials, pesticide intermediates, pesticides and fine chemicals.

The sales revenue and net profit of Jiangsu Anpon are USD277 million and USD8.12 million respectively in 2011. Its business covers chlor-alkali, fine chemicals and pesticides. The major pesticides of Jiangsu Anpon include ethephon and pymetrozine. It is a leading ethephon producer in China and its pymetrozine is very famous in domestic market. The sales revenue and net profit of Jiangsu Huaihe are USD191 million and USD2.41 million respectively in 2011. Its major products are nitrotoluene and 2-toluidine. The sales revenue and net profit of Hubei Sanonda are USD300 million and USD12 million in 2011.

Source: AgriChina Investor 1205

http://www.cnchemicals.com/Newsletter/NewsletterDetail_192.html

Content of AgriChina Investor 1205:

ChemChina to integrate its pesticide asset

Huangshanghuang Food to land on Shenzhen SME Board

Mengniu Dairy to enter Hunan's dairy industry

Tony's Farm: attractive to local governments

China enhances food security by urban modern agriculture

China developing woody oil plants to reduce soybean import

Planting cost increases sharply in 2012

Raw material supply for sugar falls short of its demand

Pilot project of input VAT deduction on processed agricultural products to be launched

Fujian provincial government to support facility agriculture

Draft Proposal on Agricultural Insurance Regulations launched

Promising forestry property right investment in China

……

AgriChina Investor, periodically published on 25^th every month, offers timely update and close follow up of agriculture investment in China, analyzing market data and trends, as well as related policies. Major columns include investment environment, investment dynamics, market watcher, market review etc.

If you are interested in AgriChina Investor, please do not hesitate to contact us by +86-20-37616606, or email us at econtact@cnchemicals.com.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1085.html

2011: Another Tough Year for Domestic Pesticide Elites

China released a policy to consolidate domestic pesticide industry in 2009, which was expected to benefit listed pesticide companies in China. However, things haven't proceeded as smoothly as expected. Most of the listed pesticide companies had a tough year in 2010, and their performance was even worse in 2011, according to CCM’s April issue of AgriChina Investor.

 

In Sept. 2009, China’s Ministry of Industry and Information Technology (MIIT) released the Draft for Pesticide Industry Policy, in order to consolidate the chaotic domestic pesticide industry. According to the policy, the number of China’s pesticide companies would be cut down by 30% by 2015. Some other ambitious targets were also set like top 20 pesticide companies would take over 50% market share by 2015, and over 70% by 2020.

 

The policy was cheered by leading pesticide companies in China. After the release of the policy, mergers and acquisitions (M&A) in China’s pesticide industry were expected, and leading pesticide companies, especially listed companies, were expected to benefit most from the policy. The stock price of domestic listed pesticide companies witnessed huge increase after the release of the policy.

 

However, the performance of over half of the listed pesticide companies in China showed a downtrend after the release of the policy.

 

In 2011, most listed pesticide companies in China have witnessed sales revenue increase, but over half of them have witnessed net profit decrease or even loss. Besides, for some companies with net profit increase, it can not be indicated that their operation was in a good condition. The net profit of Hunan Haili Chemical Industry Co., Ltd. is less than USD1 million in 2011. As for Anhui Huaxing Chemical Industry Co., Ltd., it received a subsidy of about USD11.81 million from the local government in 2011, which was counted into the company's profit in 2011. In fact, its operating profit was in a loss of USD14.15 million in 2011.

Almost all of these listed pesticide companies imputed their bad performance to the overcapacity, the increasing raw material price and labor cost, the RMB appreciation, the less occurrence of pests and diseases in China, etc.

 

In 2011, the production cost for most pesticides increased a lot. However, domestic companies dared not to raise their pesticide prices due to the overcapacity in the industry. As a result, gross profit margin dropped and net profit decreased.

 

The low price of glyphosate hugely impacted the key producers of this product, such as Zhejiang Wynca Chemical Industry Group Co., Ltd., Anhui Huaxing Chemical Industry Co., Ltd. and Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. Besides, the low price of avermectin dragged down the net profit of Hebei Veyong Bio-Chemical Co., Ltd.

Overcapacity is still the major problem that hinders the development of domestic pesticide industry. The government hoped that M&A would do some help to solve this problem. However, three years after the release of the Draft for Pesticide Industry Policy, M&A cases are not as many as expected. Some listed pesticide companies even take the strategy to enter other business rather than strengthen their pesticide business by M&A. For example, Fujian Sannong Chemical & Pesticide Co., Ltd. entered the real estate business and its revenue from pesticide business accounted for less than 2% of the total sales revenue in 2011. Hebei Veyong Bio-Chemical Co., Ltd. entered energy business and its sales revenue from pesticide business accounted less than half of the total in 2011.

However, listed pesticide companies should not be too pessimistic, as things may turn better in 2012. Some small companies are withdrawing from this industry, and the overcapacity may be relieved to some degree. Besides, the occurrence of pests and diseases in 2012 is estimated to be more serious than that in 2011, which will increase demand for pesticide products.

Source: AgriChina Investor 1204

http://www.cnchemicals.com/Newsletter/NewsletterDetail_192.html

Content of AgriChina Investor 1204:

R&D reform in domestic seed industry: a tough road ahead

China reduces corn-based fuel ethanol subsidy in 2012

Vegetable oil price soaring in early April

National purchasing price increase of wheat may restrict demand for feed wheat in 2012

CAY organizing coffee enterprises to purchase unmarketable coffee beans in Yunnan

Chuying Agro-Pastoral eyes high-end pig market

Chinese tea industry facing external quality standard challenge

CGLC may taken over by COFCO or Sinograin

Sumitomo to enter rice distribution business in China

Beef cattle industry shows investment prospect

2011: Another tough year for domestic pesticide elites

Jan. – Feb. 2012 import of agricultural produces surges in China

2012 China to meet robust demand for corn import

……

AgriChina Investor, periodically published on 25^th every month, offers timely update and close follow up of agriculture investment in China, analyzing market data and trends, as well as related policies. Major columns include investment environment, investment dynamics, market watcher, market review etc.

If you are interested in AgriChina Investor, please do not hesitate to contact us by +86-20-37616606, or email us at econtact@cnchemicals.com.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1049.html

MIIT Releases 12th Five-Year Plan for Pesticide Industry

On 3 Feb. 2012, the Ministry of Industry and Information Technology (MIIT) released the 12th Five-Year (2011-2015) Plan for Pesticide Industry, which mainly focuses on adjusting industrial structure, improving technological innovation capacity, protecting the ecological environment and conserving natural resources, according to CCM International’s February issue of Insecticides China News.

 

In terms of industrial structure adjustment, it's stipulated in the five-year plan that the number of pesticide manufacturers in the country shall be substantially reduced during the period of 12th Five-Year Plan; large and influential manufacturers with various products shall be cultivated by the government.

 

Aiming to optimize the industrial layout, it is proposed in the plan to build three to five chemical industry parks across the country featured by a gathering of pesticide manufacturers, appropriate production scale, fully-equipped supporting facilities and efficient management.

 

Besides, optimizing product structure is also advocated. Efficient and environmentally friendly pesticides safe to use shall be developed with great emphasis. For example, insecticides against key pests, refractory pests, soil pests, nematodes and invasive alien pests shall be vigorously developed and promoted. Furthermore, pesticide formulations developed shall tend to be efficient and safe, such as water-based ones.

 

According to the 12th Five-Year (2011-2015) Plan for Pesticide Industry, 22 kinds of highly toxic pesticides like fenamiphos, fonofos and phosfolan-methyl shall be phased out and banned in batches. Besides, inefficient pesticides and production technology and equipment shall also be gradually eliminated. 

During the period of the 11th Five-Year Plan (2005-2010), China reached new heights in expanding pesticide production scale and optimizing product structure.

 

According to the Ministry of Industry and Information Technology, total pesticide output in China amounted to 2.34 million tonnes (100% purity) in 2010, with an  average annual growth rate of 15.3% during the period of the 11th Five-Year Plan.

 

In term of the product structure, the proportion of insecticides in pesticides has declined from 41.8% in 2005 to 31.9% in 2010. With smooth progress in reducing highly toxic pesticides, markedly the ban on five highly toxic organophosphorus kinds (including methamidophos and monocrotophos) for production in 2007, the proportion of highly toxic pesticides in all pesticides also shows a significant downtrend. 

 

During the period of the 11th Five-Year Plan, China also increased investment in R&D of new pesticides and developed 15 efficient varieties with intellectual property rights, including several insecticides such as meperfluthrin and 1-[(6-chloropyridin-3-yl)methyl]-7-methyl-8-nitro-5-propoxy-1,2,3,5,6,7-hexahydroimidazo [1,2-α] pyridine. The consumption of self-developed pesticides in China accounted for nearly 10% of the total of pesticides in 2010, rising from 5% in 2005. 

Before the Ministry of Industry and Information Technology, China Crop Protection Industry Association (CCPIA) also released the 12th Five-Year Plan for Pesticide Industry on 26 July 2011. Actually, CCPIA's plan is almost an inheritor of the Pesticide Industry Policy released in Sept. 2010, adding some concrete measures for better implementation in practice. Some specific goals are set in CCPIA's plan, aiming to expand industrial scale, concentrate pesticide technical players, improve the international competitiveness of domestic pesticide enterprises etc. 

If the development plans could be smoothly implemented, the whole pesticide industry in China would develop sustainably, with continuous optimization of industrial structure and improvement in enterprises' R&D capacity. Leading pesticide enterprises are believed to benefit a lot from the preferential policies in the long run.

Source: Insecticides China News 1202

http://www.cnchemicals.com/Newsletter/NewsletterDetail_1.html

Main content of Insecticides China News 1202:

Five insecticide patents to expire in 2012-2015 

Professional control of pests works well in 2011

MIIT releases 12th Five-Year Plan for Pesticide Industry

Jiangsu Lanfeng merges Taicang Otsuka for carbofulran business

Jiangsu Jiujiujiu's STCP predicted to be well-performing in 2011

Hebei Veyong relocates and upgrades insecticide production lines

Jiangsu Frey to launch thiamethoxam in H2 2013

SYRICI to launch SYP-9080 acting on ryanodine receptors

Insect pests to hit rice and corn fields harder in 2012

Sichuan to face serious damage from major crop pests in 2012

Qingdao Hailier's imidacloprid innovative technology accepted

Jiangsu Flag: second domestic registrant of clothianidin technical in China

Jiangsu Rotam gets first domestic registration of flubendiamide SC (non-repacking)

Raised rice purchase price would promote rice insecticide price

Emamectin benzoate price hits bottom in Feb. 2012

… …

Insecticides China News, a monthly publication issued by CCM International on 10th of every month, provides the latest and influential analysis on insecticide industry for you, including company dynamics, supply and demand, price analysis, policy, raw material and intermediate.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_970.html

New Pesticide Administrative Regulations to Come out in China

On the basis of the original edition promulgated in May 1997, new Pesticide Administrative Regulations in China is under revision by the Chinese government nowadays, and would be issued formally next year in an estimate. Pesticide Administrative Regulations is an instrumental document in China about governmental management of pesticide industry, generally worked out and promulgated by the Chinese government, according to CCM’s November Issue of Herbicides China News.

According to the latest dynamics report, the relative governmental has finished the collection of public comments about new regulations already since Aug. 31 2011. Contributed by these public comments, the partial modification in the draft of new regulations is in process recently. In terms of the detailed change, it is still undercover at present.

As for the draft of new regulations, many different understandings in the public have been aroused, and are now summarized in several points as bellow:

1. The entry barrier of pesticide industry in China will be heightened in new regulations.

In detail, the temporary registration of pesticide in China will be canceled, which is of lower demand in entry barrier than the formal registration. As a result, new registration volume of pesticide in China will shrink year on year undoubtedly because active period of the registration in all Chinese pesticides will expand to five years (The active period of formal registration is five year and the temporary one is one year). It means that pesticide manufacturers needn't achieve the registration again within five years.

2. It is urgent to improve the quality of pesticide production in China.

Pesticide manufacturers in China should established relative rules or records in relative procedures such as material purchase, package and processing to guarantee the quality of products.

Especially, the manufacturers must recall and then deal with those overdue or harmful pesticides consciously in China.

3. Sales permission of pesticide products in China will be re-executed.

Pesticide sales must have the permission of the Chinese government. Under the government's regulation, these sellers must have the relative qualification such as professional technology, reasonable sales rules, strict supervision and so forth.

It can be said that the Chinese government re-establish the sales permission after the old canceled in 2004, due to the disordered market these years. And some people consider that Toxic Cowpea Event of Hainan Province happened in 2010 is a primacord of the re-establishment of this regulation.

4. Pesticide application in China will be standardized.

Relative trainings and guidance of pesticide application for peasants should be enhanced. Especially, the punishment on illegal applications of acute toxic pesticide will be achieved in the future.

5. Governmental supervision of pesticide industry in China should be reinforced.

On the whole, this draft of new regulations accords with current demand for the industrial development in China. Under a general direction of Pesticide Industry Policy and the Twelfth Five Years Plan, environmental protection and supply/demand balance are also emphasized in this new regulation. (Relative contents about Pesticide Industry Policy and the Twelfth Five Years Plan were mentioned in the previous reports in Herbicides China News and Crop Protection China News)

Even though general content of new regulations can be speculated now, the relative details haven't been released so that many relative governmental measures are unclear. And public estimation and comments are multitudinal now. Aiming to let readers understand more this new Pesticide Administrative Regulations, CCM International will track this topic in the coming reports. Please follow the coming issues closely.

Source: Herbicides China News 1111

http://www.cnchemicals.com/Newsletter/NewsletterDetail_11.html

Content of Herbicides China News 1111:

New Pesticide Administrative Regulations to come out in China

Jiangsu Huifeng initiates clethodim technical business

Nantong Jiangshan launches 20,000t/a amide herbicide plant

Jindun Agrochemical to produce diuron

Hangzhou Qingfeng meets peak season in new location

China meets weak agrochemical performances in Q3 2011

Chlorimuron-ethyl manufacturers compete intensely in China

Top three price-increasing herbicides in Nov. 2011

New choice in low-content glyphosate formulations

New production season of nicosulfuron begins

Herbicide manufacturers in China with phosgene resource

Yellow phosphorus meets a pricing U-turn in Nov.

China develops a fungus against barnyard grass

New EC formulation grows up in China

Effervescing formulation weak in Chinese herbicides

Herbicides China News, a monthly publication issued by CCM International on 15^th of every month, provides you with the latest occurrences, exclusive analysis on the market trend as well as professional reviews on competitiveness of companies, products and relative industries in China’s herbicide industry.

(Guangzhou China, November 16, 2011)

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_822.html

China to Issue Newly Revised Edition of Pesticide Administrative Regulations

CCM introduced the latest issue of Herbicides China News on November 15, 2011. The top news is that China will formally release newly revised edition of Pesticide Administrative Regulations in 2012.

On the basis of the original edition promulgated in May 1997, the new regulations, which are under revision by the Chinese government nowadays and will be promulgated in 2012, are expected to manage domestic pesticide industry effectively. The following aspects might be mentioned in the draft of the new regulations:

1.       The entry barrier of pesticide industry in China will be heightened.

The temporary one-year-registration period of pesticide in China will be cancelled. The active period of pesticides registration will be expanded to five years, which will result in shrinking registration volume of pesticide in China.

2. It is urgent to improve the quality of pesticide production in China.

Pesticide manufacturers in China should establish relative rules or records in relative procedures such as material purchase, package and processing to guarantee the quality of products.

3. Sales permission of pesticide products in China will be re-executed.

Pesticide sellers must have relative qualifications, such as professional technology, reasonable sales rules, strict supervision, and so on.

4. Pesticide application in China will be standardized.

Relative trainings and guidance of pesticide application for peasants should be enhanced. Especially, the punishment on illegal applications of acute toxic pesticide will be achieved in the future.

5. Governmental supervision of pesticide industry in China should be reinforced.

You might discover more details in Herbicides China News 1111 with following headline news:

-New Pesticide Administrative Regulations in China is under revision by the Chinese government nowadays, and will be promulgated in 2012.

-Jiangsu Huifeng initiates clethodim technical business recently with a 1,000t/a clethodim production line.

-Nantong Jiangshan will launch a 20,000t/a amide herbicide plant this month or next month.

-Jindun Agrochemical will supply diuron products in the near future.

-Hangzhou Qingfeng meets the first peak season currently, after the company relocation into Hangzhou Xiaoshan Linjiang Industrial Zone finished in the beginning of 2011.

-China meets weak agrochemical performances in Q3 2011.

-Chinese chlorimuron-ethyl manufacturers compete intensely.

-Pendimethalin, trifluralin and oxyfluorfen ranked No.1 in Nov. 2011 in terms of price uptrend.

-Mixed formulation with low-content glyphosate can be a good choice for consumers, but can't benefit manufacturers too much.

-New season of nicosulfuron production in China comes.

-Approximately seven herbicide manufacturers in China can self-source phosgene materials at present.

-Yellow phosphorus meets a pricing U-turn to decline to USD2,783/t in Nov. 2011.

-China develops a fungus against barnyard grass now, namely HGE.

-New EC formulation with environmentally friendly trait grows up in China gradually.

-Effervescing formulations such as PP, KPP and EA are unpopular in Chinese pesticide market.

(Guangzhou China, November 16, 2011)

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_823.html