China's corn output to reach 215 million tonnes in 2013/2014

According to forecasts from the National Grain & Oils Information Center and the China Food Industry Association, China's corn output may reach 215 million tonnes in 2013/2014, 7 million tonnes more than in 2012/2013. The increase in corn output may result in a decrease in the price of corn. According to CCM's data, the output and the annual market price of corn in China maintained an uptrend during 2009/2010-2012/2013.

Affected by the corn harvest in Oct. 2013, the pressure from imported corn and the depressed corn deep-processing industry, the domestic market is facing an oversupply of corn. 

According to China Customs' data, the average corn import price was USD306.3/t in the first eight months of 2013 in China. It was much lower than China's average market price of corn which was USD380.5/t. During this period, China imported more than 1.6 million tonnes of corn, which was already a relatively large number.

As for the corn deep-processing industry, it saw a downtrend. Xu Jiawan, the manager of the corn purchasing department of Cargill Biochemical (Songyuan) Co., Ltd. (Songyuan Cargill), said that the overall operating rate of the corn deep-processing industry was less than 50%. For instance, the average operating rate of domestic corn starch enterprises was presently as low as about 46%, owing to the oversupply and the weak demand for corn starch from downstream industries. Similarly, the average operating rate of alcohol enterprises is also relatively low.

Liu Xiaoran, deputy Secretary-General of the corn branch of the China Food Industry Association, estimates that domestic corn consumption will be just 197.5 million tonnes in 2013/2014, which is much less than the output of corn.

Due to the oversupply of corn, the market price of corn harvested in autumn may decrease and it may be even lower than the government's corn purchasing price for temporary reserves. Moreover, the overall quality of corn is not as high as before, due to the severe weather this year, which may also suppress the market price of corn.  

Recently, the purchasing prices of corn set by some leading corn deep-processing enterprises in Northeast China have decreased compared with those in 2012. For instance, on Sept. 25, 2013, Changchun Jincheng Corn Development Co., Ltd. (Changchun Jincheng), a subsidiary of Changchun Dacheng Industrial Group Co., Ltd., set its corn purchasing price at USD341.5/t (RMB2,100/t), USD9.8/t (RMB60/t) less than that in 2012. On Sept. 28, Songyuan Cargill set its corn purchasing price as the same as that of Changchun Jincheng, but the price was USD16.3/t (RMB100/t) less than that of last year. These companies' purchasing prices are all below the corn purchasing price for the temporary corn reserves set by the National Development and Reform Commission of China (NDRC).

As early as July 3, 2013, the NDRC announced that China would increase the purchasing price for temporary corn reserves in 2013/2014. The purchasing prices of corn (third-grade of the national standards) will be USD366.3/t (RMB2,260/t), USD366.3/t (RMB2,260/t), USD363.0/t (RMB2,240/t) and USD359.8/t (RMB2,220/t) in Inner Mongolia, Liaoning, Jilin and Heilongjiang (the main corn planting areas in China) respectively, which are all USD19.4/t (RMB120/t) higher than the prices of 2012. (For more details, please refer to Corn Products China News 1307: China increases temporary reserve price of corn in 2013/2014).

Source: Corn Products China News issued by CCM in October.

Table of Contents of Corn Products China News 1310:

China's corn output to reach 215 million tonnes in 2013/2014

Global Sweeteners'net loss increases to USD14.2 million, H1 2013

China's market price of VD3 rebounds sharply, Sept. 2013

China's lowest purchasing price of wheat to rise by RMB120/t in 2014

Low operating rate of soybean crushers relates to tight supply of soybean

Price update of corn products, Oct. 2013

China Agri-Industries' performance of biochemical and bio-fuels segment maintains stable, H1 2013

China's xylitol export value up but price down, Jan.-Aug. 2013

Xiwang Foodstuffs performs well in H1 2013

International and domestic factors together impact China's sucrose price in Q4 2013

Chinese corn products Imp. & Exp., Aug. 2013

Sixth International Corn Industry Conference holds in Nanchang on Sept.

COFCO Corporation to build Guangdong Grain & Oil Industrial Park in Dongguan

Zhaoqing Coruscate's 600,000t/a starch syrup project launches in Chuzhou

Sales revenue from Star Lake Bioscience's feed additives declines by 32.62% YoY, H1 2013

Global Bio-chem suffers gross loss of USD27.63 million, H1 2013

Corn Products China News, a monthly publication issued by CCM on 20^th, features “Supply and Demand”, “Import and Export Analysis”, “Price Update”, “Market & Company Dynamics”, “Policy”, “Corn Supply” and other more information researched and reported by CCM’s professional journalists. It is a reliable intermediate for you to know more about the corn industry in China even in the globe.

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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Hubei Xingfa foresees a profit down in H1 2013

On June 3rd, 2013, Hubei Xingfa Chemicals Group Co., Ltd. (Hubei Xingfa) reported it expects to report a 30-50% decline in net profit in the first half of 2013, compared to USD25.66 million of net profit in H1 2012, according to CCM’s Phosphorus Industry China Monthly Report issued in June.

Hubei Xingfa attributed the expected profit drop to the following three points:

Firstly, the market price of phosphorus ore is declining while the cost of phosphorus mining is rising.

Secondly, electricity costs have risen sharply because of drought. Hubei Xingfa gets most of its electricity from hydropower it owns. But drought has caused Hubei Xingfa to buy more electricity from more expensive outside sources than last year to maintain production.

Thirdly, the company's newly launched 600,000t/a DAP project has suffered losses. The project came on stream at the end of 2012, and is operated by wholly owned subsidiary Yidu Xingfa Chemical Co., Ltd. (Yidu Xingfa). Obviously, Hubei Xingfa overestimated the tendency of phosphate fertilizer market.

Hubei Xinfa's performance reflects the status of China's entire phosphorus chemical industry. While phosphorous ore business has been highly profitable in recent years, margins of the phosphorus chemical industry are getting thinner as gloominess in the downstream phosphate fertilizer market spread to the upstream phosphorus ore market. New projects face a tough time generating profitability, and the profit margin of phosphorus manufacturing firms in the entire industry is being squeezed.

Table of Contents of Phosphorus Industry China Monthly Report 1306:

Editor's Note

Headlines of Phosphorus Industry China Monthly Report 1306

Phosphorus Ore

Yuntianhua completes asset reorganization

Hubei Xingfa foresees a profit down in H1 2013

Yellow phosphorus

Yunnan publishes energy consumes across local yellow phosphorus industry

Phosphate Fertilizer

CPFIA to work out schemes for weeding out excess phosphate fertilizer capacity

Rapid appreciation of RMB to aggravate China's phosphate fertilizer export

Investment on fertilizer project went up in Q1 2013

Fine Phosphate Chemicals

Phosphorus flame retardant foresees huge growth potential

Global Insight

Saudi Arabia breaks into China's phosphate fertilizer market

Brief News

Guizhou Province to launch Technology Roadmap for local phosphorus chemicals industry

Jinchang City to construct a sulfur-phosphorus industrial park

China to make rules for stacking phosphogypsum

Supply & Demand

Market review of prime phosphate chemical in May 2013

Import & Export

International trade of phosphate chemicals in April 2013

Price Update

Price monitoring of some phosphate chemicals in May 2013

Phosphorus Industry China Monthly Report, issued by CCM on 15^th, keeps providing the latest company dynamics related to China’s phosphorus industry, and market analysis on supply and demand, import and export as well as global insight.

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.

Guangzhou CCM Information Science & Technology Co., Ltd.
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Tel: 86-20-37616606

Email: econtact@cnchemicals.com

South America Crop Protection Monthly Report Comes Out

Since South America is one of the fastest growing area of crop protection market in the world, there is huge potential in this promising market. It is necessary to dig deeply about the South American market so that you can make wiser business investment in the fierce competition.

Recently, CCM International, a leading market research consulting company in China, has newly launched South America Crop Protection Monthly Report. Focusing the latest market trends, new technology development, and updated company dynamics etc. in South America crop protection market, this newsletter may help you seize hidden opportunities in the boosting market.

In this newsletter, you may learn:

-Latest South America crop protection monthly report, studying on Brazil, Argentina, etc. and focusing on pesticide, GM seed industries

-In-depth profiles of crop protection companies exploiting South America and international market

-Exclusive analysis on how new legislations and macro economy will influence South America’s crop protection market

-How requirements from distributors, farmers, diseases, pests, genetic modified organism, pesticide resistance, crop price and climate are influencing the South America market

-Advanced technology, new crop protection products and formulations that South America is pursuing

-Breaking news on joint ventures, foreign-owned enterprises and local companies

-Corporations, merges, and acquisitions between South America crop protection companies

-Market price dynamics, causal analysis and trend forecast

-New plants and line openings, closings, and expansions

-Up-to-date information on manufacturing challenges and industry standards about residue and toxicity in South America

-Analysis of the impact of new crop protection guidelines and legislations

It costs only USD 2,790 per year. If you subscribe now, you will enjoy more benefits:

-From 10th Apr. 2012 to 9th May. 2012, you can get one year with 6 extra free issues;
-From 10th May. 2012 to 9th Jun. 2012, you can get one year with 4 extra free issues;
-From 10th Jun. 2012 to 9th Jul. 2012, you can get one year with 2 extra free issues.

Sample is available. For more information, please feel free to contact us at econtact@cnchemicals.com.

About CCM International

CCM International 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 International 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.
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Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_1041.html

Chinese Government Starts A Temporary Purchasing Plan of Sucrose

On 7 February 2012, the National Development and Reform Commission, the Ministry of Commerce, the Ministry of Finance and the Agricultural Development Bank of China jointly published the Notice of the First Temporary Purchasing Plan of Sucrose in 2012, which will have a positive effect on the consumption of Chinese sweeteners, especially that of starch sugar in the near future, according to CCM’s March issue of Sweeteners China News.

 

According to the notice, the temporary purchasing of sucrose will be conducted in China Merchandise Reserve Management Centre, and the purchasing volume of sucrose will be 1 million tonnes, almost equaling to a month's consumption volume in China. Chinese government plans to carry out the first purchase in two batches, and the first batch of 0.5 million tonnes of sucrose, produced after Oct. 2011, has already started since 10 February 2012. And the basic purchasing price for this sucrose is USD1,039/t, which is close to the product's current average market price. 

   

Continuous decrease of sucrose price is the key reason for Chinese government to purchase sucrose from sucrose producers. Chinese government explained in the notice that the purpose of temporary purchase of sucrose is to stabilize domestic sucrose price and protect the benefit and production enthusiasm of sugarcane growers. In fact, according to China Sugar Index (CSI), the average price of sucrose has decreased continuously since Aug. 2011, which saw the highest level of domestic sucrose price till now. In mid Feb. 2012, the average price of sucrose was USD1065.23/t, decreasing by 15.43% over that in Aug. 2011, which is caused by the oversupply of sucrose. On one hand, Chinese government released seven batches of sucrose stock with a total volume of 1.48 million tonnes to restrain the growth of domestic sucrose price in the first eight months of 2011, which was caused by the insufficient supply of sucrose in the 2010/2011 extraction season; on the other hand, China's output of sucrose may have reached 12 million tonnes in the extraction season of 2011/2012, increasing by about 14.83% over that in 2010/2011. 

Some experts expected that the temporary purchasing plan of sucrose may increase the price of sucrose in the near future. Mr. Li, an analyst of sucrose futures, expressed that the sucrose market is in the off-season after the Spring Festival, so the demand for sucrose is relatively weak; however, Chinese government's purchase of sucrose can help sucrose producers relieve the pressure. In fact, sucrose purchasing will be conducted both in production areas and sales areas, which can enhance the effect of sucrose purchasing on the market. As a result, the temporary purchasing plan of sucrose may obviously support domestic sucrose price to rise steadily in the near future.

 

Undoubtedly, the expected increase of sucrose price will increase sweeteners' competitiveness, directly boosting the demand for sweeteners. Actually, nearly all sweetener producers believe the expected increase of sucrose price will have a positive effect on their products, but the effect may vary with different sweeteners. For instance, most high intensity sweetener (HIS) producers think the effect from sucrose price increase will be small. Because as sucrose's substitute product, HIS are usually priced at much lower prices than sucrose is. Therefore, it is hard for the regular increase in sucrose price to impose large impact on HIS. While starch sugar producers explain that the price decrease of sucrose has reduced their sales to some extent before, and thus the expected price increase caused by the temporary purchasing plan will surely be beneficial for their sales of the product.

Source: Sweeteners China News 1203

http://www.cnchemicals.com/Newsletter/NewsletterDetail_190.html

Content of Sweeteners China News 1203:

China imported 2.92 million tonnes of sucrose in 2011

Chinese output of soft beverages reaches 117.6 million tonnes in 2011

Shandong Longlive passes review of High-Tech Enterprises in Feb. 2012

Technical necessity and safety of four sweeteners to be evaluated in China

Wanfu Biotechnology's net profit increases in 2011

China exported 16,660 tonnes of xylitol in 2011

Average export price of sucralose decreases by 9.6% in 2011

Market overview of stevia sweetener in Feb. 2012

Overview of crystalline fructose in 2011

Anhui Jinhe's expansion projects of acesulfame-K to launch in June 2012

QHT to expand terminal sales networks through acquisition

HFCS and functional oligosaccharide to be profit growth points of Baolingbao in 2012……

If you are interested in CCM International’s March issue of Sweeteners China News, please do not hesitate to contact us by +86-20-37616606, or email us at econtact@cnchemicals.com.

(Guangzhou China, March 8, 2012)

Sweeteners China News is a monthly newsletter published by CCM International Limited. Based on China market, CCM offers timely update and close follow up of China’s various kind of sweeteners market dynamics, analyze the market data and trends, Major columns include market dynamic, company dynamic, raw material supply, price update, import & export analysis, Consumption Trend & Competitiveness.

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.
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Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_999.html

Overview of China's Insecticide Industry in 2011--Challenges

The year of 2011 is a hard time for insecticide players in China. The occurrence of insect pests was not so serious as expected; companies faced a year of weak insecticide demand again. Besides, they had to meet severe challenges such as overcapacity and intense competition from foreign products. As insecticide is the most important segment of domestic crop protection market, its bad performance had led most of domestic formulation players to a tough year in 2011, according to CCM International’s January issue of Insecticides China News.

China's insecticide output from Jan. to Nov. 2011 totaled 629,500 tonnes, up 15% over the same period last year. Many insecticides, such as chlorpyrifos, abamectin, imidacloprid and triazophos, have witnessed marked output increase, according to China Crop Protection Industry Association. However, the demand in domestic market was about 124,900 tonnes in 2011, down about 1.4% year on year mainly attributed to the reduced demand for rice insecticides.  

In the whole year of 2011, the occurrence of insect pests in China was less frequent over 2010, according to National Agricultural Technology Extension and Service Center. In the first half of 2011, most insecticides suffered decline in sales volume over last year; some even tumbled. The major reason for a significant decline lies in the drought early this year, which directly postponed the start of the peak sales season till June. As investigated, the demand for some largely consumed insecticides like abamectin and chlorpyrifos remained weak in H1 2011, especially from Jan. to May. Entering June, insecticide market began to recover as the rainfall brought about severe occurrence of insect pests on rice, cotton and corn, which lasted till August.

 

As of Sept. 2011, the occurrence of rice plant hopper in total planting areas of late rice except Hunan Province was less frequent over last year. And the occurrence of rice stem borer in most planting areas is similar to that in 2010. Therefore, domestic demand for insecticides wasn't so high as expected in the whole year. 

Besides, overseas companies introduced a lot of products to Chinese market, which intensified the competition in domestic insecticide industry. Some products were widely applied by farmers, such as DuPont's Kangkuan (20% chlorantraniliprole SC), Bayer CropScience's Daoteng (10% flubendiamide • abamectin SC) and Syngenta's Virtako (40% chlorantraniliprole • thiamethoxam WG). As reported, imported insecticides enjoyed a good performance in high-end rice insecticide market, while Chinese products witnessed a year-on-year (YoY) decline of about 20% in sales volume. 

Despite the sluggish insecticide market in 2011, the market prices of most insecticides have seen a YoY growth of around 15% due to the rise in both raw material cost and export volume and value. Take 95% chlorpyrifos technical and 95% imidacloprid technical for example, their ex-factory prices increased from USD5,231/t and USD17,297/t in Jan. 2011 to USD6,580/t and USD20,473/t in Dec. 2011, with a YoY growth of 21% and 16% respectively. On the contrary, some insecticides' market prices declined due to slack market demand and overcapacity. For example, the ex-factory price of 95% abamectin technical has kept decreasing since March 2011, dropping from USD80,621/t in March 2011 to USD78,886/t in Dec. 2011. It even reached USD78,629/t in Oct. 2011, the lowest since 2008. 

In 2011, the Chinese government continued to eliminate highly toxic pesticides. According to the No.1586 Announcement released by the Ministry of Agriculture in 2011, the registration and production license of ten highly toxic pesticides shall be revoked from 31 Oct., 2011, while their sales and application shall be banned from 31 Oct., 2013. Among these ten pesticides, six are insecticides: phosfolanmethyl, fonofos, magnesium phosphide, coumaphos, sulfotep and terbufos. Besides these six insecticides, another 12 insecticides are on their way to be banned in the future.

 

As most highly toxic pesticides to be banned are insecticides, the implementation of the No.1586 Announcement should have some impact on insecticide industry. With the withdrawal of these 18 highly toxic insecticides, especially some largely consumed ones like omethoate, phorate and methomyl, the insecticide market will experience some changes, as the market share left should be filled by other insecticides. Recommended substitutes like bio-insecticides and lowly toxic insecticides will fight for the market share.         

Source: Insecticides China News 1201

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

Main content of Insecticides China News 1201:

Overview of China's insecticide industry in 2011--challenges

China to strengthen development of GM cotton and corn

Qilu Pharmaceutical finishes contructing 800t/a abamectin technical production line

Jiangsu Huifeng sets up a subsidiary in the US

Nantong Reilly finishes building 10,000t/a 3-cyanopyridine production line

Jiangsu Pesticide develops breakthrough seed dressing slow-releasing technology

0.4% chlorantraniliprole GR possibly to enter Chinese market in 2012

Henan Haonianjing first registers 2% imidacloprid controlled-release GR

Hebei Sanlen: first domestic owner of fosthiazate technical registration

Chlorpyrifos and imidacloprid possibly to be restricted on vegetables

… …

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.
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Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_942.html

Cost and Profit Analysis of Key Xanthan Gum Producers Published

CCM International has published the latest report of Cost & Profit Analysis of Key Xanthan Gum Producers in China in December 2011. This report elaborates production cost and profit of the top two xanthan gum producers in China in May 2011 (food grade xanthan gum), which can help you find out the differences between the leading producers and improve your own production situations.

Fufeng Group Co., Ltd. and Shandong Deosen Corporation are the top two producers of xanthan gum in China. This report provides analysis of their production cost and profit of food grade xanthan gum. The production costs, especially the cost of raw materials of these two producers will be shared in this report as well. What’s more, the report points out that despite the higher production cost, Shandong Deosen still makes more profits than Shandong Fufeng thanks to its higher market price of the product as estimated.

More detailed analysis about the cost and profit of these two producers are in CCM International’s Cost & Profit Analysis of Key Xanthan Gum Producers in China. If you are interested in this report, please feel free to contact 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.
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Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_r_905.html

Imported Rice Insecticide Outshines Chinese Rice Insecticide

CCM’s October Issue of Insecticides China News has been released recently. The news of rice insecticide catches people’s eyes.

Imported rice insecticides, with stronger market demand and higher market price, turn out to be the winner in the competition with domestic rice insecticides. The pests' strong resistance against most home-made rice insecticides makes farmers turn to imported products, which has a direct effect on the consumption of home-made rice insecticides this year.

In 2011, imported rice insecticides enjoy higher market demand than home-made rice insecticide in Chinese market. It is reported that the total consumption of imported insecticides in China has posted a YoY growth of around 30% as of Sept. 2011, while that of home-made ones has witnessed a YoY decline of about 20%. Imported rice insecticides have a pretty good performance this year.

Besides, though imported rice insecticides are expensive, farmers in some rice planting areas like Hunan Province still prefer to apply them. The market price of imported rice insecticides largely increases in 2011, with most seeing YoY growth ranging from 5%-20% as investigated. According to Mr. Li, a pesticide dealer in Hunan Province, the market demand for imported rice insecticides, especially DuPont's chlorantraniliprole, is stronger than that for home-made kinds this year; the market price of most imported varieties increases, while most home-made ones' just keep stable. The average market price of 20% chlorantraniliprole SC in 5 ml package is about USD1.25/bag (RMB8/bag) in Jan.-Sept. 2011, which was USD1.12/bag (RMB7.5/bag) in 2010; average market price of 2% abamectin EC in 300 ml package remains stable at around USD2.65/bottle (RMB17/bottle) in Jan.-Sept. 2011.

The competition between imported and home-made rice insecticides in 2011 will be over soon. It is obvious that imported rice insecticide outshines domestic ones. But a new round of rivalry will start again and the future result might be reversed.

More news in CCM’s October Issue of Insecticides China News:

-Exit of highly toxic pesticides favors bio-pesticide industry  

-Hainan Government bans another three insecticides

-Shandong Dacheng to relocate 45,000t/a insecticide production lines

-Hubei Nongmao to produce 20,000t/a chlorpyrifos technical

-Lianhe Chemical to finish building 300t/a 4-ethylbenzoyl chloride production line

-Jiangsu Lanfeng finishes constructing 8,000t/a acephate production lines 11

-Hebei Government firstly purchases imidacloprid WS

-Imported varieties win Chinese rice insecticide market in 2011

-Number of registration and output of Beta-cypermethrin drop in 2011

-Imidacloprid technical export volume soars in Jan.-July 2011

-Late rice pests to occur moderately in rest of 2011

-Guizhou Baofeng applying for first domestic registration of spirodiclofen single formulation

-Monthly ex-factory prices of key raw materials in China, Oct. 2011

-Monthly ex-factory prices of main insecticides in China, Oct. 2011

-Monthly Shanghai Port prices and FOB Shanghai price of main insecticides, Oct. 2011

-Average market price of main crops in China, 30 Oct. 2011

-Carbofuran: tight supply pushes up market price in Sept. 2011

-Market price of 95% abamectin technical keeps decreasing

For more information about CCM’s October Issue of Insecticides China News, please feel free to contact us at econtact@cnchemicals.com.

 (Guangzhou China, October 12, 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.
Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

CCM International Ltd.
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