Find Hot News in Crop Protection Monthly Report 1308

Following are headline news of the latest issue of Crop Protection Monthly Report:

Hunan Haili

Hunan Haili was one of the few listed pesticide manufacturers confronted with loss in H1 2013

Jiangsu Yangnong

Jiangsu Yangnong's revenue and net profit in H1 2013 gained growth of 29.95% and 85.85% YoY, reaching USD259.46 million and USD32.24 million respectively

Jiangsu Lanfeng

Jiangsu Lanfeng experienced a revenue increase of 16.92% YoY, reaching USD118.82 million in H1 2013

Anhui Huaxing

Anhui Huaxing achieved revenue increase of 38.08% YoY in H1 2013, reaching USD115.44 million

Zhejiang Wynca

Zhejiang Wynca's revenue in the half year reached 590.62 million, the highest among the 21 mentioned listed pesticide enterprises in China, up 22.80% YoY

Zibo Wanchang

The revenue of Zibo Wanchang reached USD24.30 million in H1 2013, increasing slightly by 0.90% YoY

Nantong Jiangshan

Nantong Jiangshan's total revenue and net profit in H1 2013 reached USD280.81 million and USD21.26 million, up 17.93% and 2,211.91% respectively over those in H1 2012

Shenghua Biok

Shenghua Biok's revenue and net profit both declined in H1 2013, reaching USD132.78 million and USD3.87 million, down 0.20% and 24.11% YoY respectively

Hebei Veyong

Hebei Veyong's revenue and net profit in H1 2013 reached USD369.31 million and USD72.00 million, up 16.15% and 96.99% YoY respectively

Lier Chemical

Lier Chemical's revenue and net profit increased by 26.13% and 54.82% YoY to USD123.76 million and USD11.24 million respectively

Huapont-Nutrichem

Huapont-Nutrichem's total revenue reached about USD350.99 million, up 19.63% YoY

Shandong Shengli

In H1 2013, Shandong Shengli gained revenue of USD178.01 million, down 11.75% YoY

ABA chemicals

ABA chemicals' revenue and net profit in H1 2013 reached USD30.90 million and USD4.35 million, up 18.80% and 5.03% respectively over H1 2012

Nanjing Redsun

Nanjing Redsun enjoyed a slight revenue growth in H1 2013, up 1.62% YoY, reaching USD532.69 million

Noposion

Noposion's revenue and net profit in H1 2013 achieved growth, reaching USD197.44 million and USD23.38 million, up 9.20% and 23.89% YoY respectively

Qianjiang Biochemical

Qianjiang Biochemical's revenue climbed to around USD39.74 million in H1 2013, up 19.04% YoY

Sanonda

Sanonda's revenue and net profit witnessed a large growth in H1 2013, reaching USD246.19 million and USD20.65 million, up 36.08% and 431.43% respectively over H1 2012

Hefei Fengle

Hefei Fengle's overall sales performance in H1 2013 was poorer than that in H1 2012

Lianhe Chemical

Lianhe Chemical's revenue in H1 2013 decreased to USD235.51 million, down 1.9% YoY, its net profit still witnessed an obvious growth, up by 18.75% YoY

Jiangsu Huifeng

Jiangsu Huifeng's revenue and net profit reached about USD165.33 million and USD12.28 million in H1 2013, up 42.89% and 53.88% YoY respectively

Jiangsu Changqing

Jiangsu Changqing has maintained rapid growth in both revenue and net profit in H1 2013

The rank of domestic listed pesticide enterprises by different indexes

Most of the 21 domestic listed pesticide (including pesticide intermediate)mentioned in this issue have made remarkable achievement in H1 2013

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Find Hot News in Crop Protection Monthly Report 1306

Published on the 15^th & 31^th every month, Crop Protection China News is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Crop market dynamics, analyze the market data and trends. Major columns include companies' current dynamics and market situation, a close watch of government policies and regional dynamics.

Following are headline news of the latest issue of Crop Protection Monthly Report:

Credit sales' future in domestic pesticide industry

Even though the process of curing the negative effects credit sales brought to domestic pesticide industry is with great pain and effort, it is essential and worthy for every link in domestic pesticide industry to struggle for a better future together.

Differences of credit sales in China and developed countries

Actually, credit sales are very popular in most of the developed countries in Europe and America. It is calculated that the proportion of business conducted through credit sales accounts for over 75% of the total business in these areas.

Opinions that most practitioners hold towards credit sales

Opinions that most practitioners hold towards credit sales

Pesticide enterprises that insist on doing business by cash

Although credit sales are very common in domestic pesticide industry, there are still some pesticide enterprises which insist on doing business in cash, such as Perennial Green Group.

Typical measures taken to avoid or ease the loss caused by credit sales

As the prevalence of credit sales in the domestic pesticide market cannot be changed within a short period, many pesticide practitioners started to set some rules for credit sales in their business and control the credit sales value to some extent. Thus they can avoid or ease the loss caused by credit sales through the measures they take.

Negative effect and benefit of credit sales towards different practitioners in pesticide industry

Actually, although credit sales exert negative effects on practitioners in the domestic pesticide industry, they bring benefit to them as well and this is the main reason why most pesticide practitioners are still not willing to give up this kind of transaction mode even though they have suffered greatly from credit sales.

Development history of credit sales in domestic pesticide industry

China's pesticide industry has experienced more than 60 years' development since the production of HCH in the 1950's. Although the prosperity of domestic pesticide market began in the 1980's after China implemented the Reform and Opening-up Policy in 1978, the prevalence of credit sales actually started in the 1990's.

Credit sales in domestic pesticide industry

Credit sales have been prevailing in the domestic pesticide industry in the past decade. As the competition has grown fiercer, credit sales become much more popular nowadays.

About CCM
As a leading market research consulting company in China with more than 10-year-experience, 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.
Contact ：  Email: econtact@cnchemicals.com    Tel: 86-20-37616606     Fax: 86-20-37616968