2012 will see an increase of 4.37% in demand for pesticides in domestic Chinese market
A meeting organized by the Chinese state-run Farmer’s Daily on 2012 Chinese pesticides situation analysis and forecast was held in Beijing on 10 January 2012. Officials from the national agricultural technology extension and service center under China’s Ministry of Agriculture estimated that 2012 will see an increase of 4.37% in demand for pesticides in domestic Chinese market.
The report predicted total pesticide products demand could reach 319,400 tons, the demand for insecticides expected at 127,400 tons, bactericides 79,400 tons and herbicides (112,600 tons) even with that of 2011.
The organizer also presented awards of 30 “most popular pesticide brands to Chinese farmers”, a public poll campaigned by Farmer’s Daily between June and September 2011. Noposion, Waier, Sanonda, Dupont and Dow AgroSciences are among the top 5 popular pesticide brands of 30 awarded companies.
Since 2012, China has started the implementing work following the Twelfth Five-year Pesticide Industry Development Planning and a blueprint on the state agricultural industry policies. Insiders from the domestic pesticide industry point out the industry would take on four features: lasting cost pressure, Chinese pesticide exports on a trend of big quantities against dropping prices, capacity reductions for certain products and imported products swarming into China. This year about 10 new API (new active pharmaceuticals) substances will break into China. As the promotion of new imported pesticide products speeds up, it might lead to a universe increase of 5 – 15% in the price of imported pesticide products.
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