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Insecticide China News 1702

Insecticide China News 1702

  • February 2017
  • 36 pages
  • ID: 4760632
  • Format: PDF

Summary

Table of Contents

Welcome to the Feb. Issue of Insecticides China News.

This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire insecticide industry chain, from raw materials to end consumption. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, and expert commentary from industry insiders.

Here is the Editor's Note for you to know about the Feb. issue specifically:

In Feb., 2017, the overall Chinese insecticide market continued to thrive. Prices of some products kept rising, while that of some maintained stable and high.

The trend of M&A still rose throughout the whole domestic pesticide industry this month. From late 2016 to Feb. 2017, there were 6 deals made or to-be-made, total costs given at USD2.92 billion+ (RMB20.00 billion). Asset acquisition has become a common way for producers to reduce production costs and improve production technology.

Insecticides China E-News is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.

Headlines
According to the ICAMA, Xingyu Chemical has been approved to register guadipyr for the first time in China, indicating that a new neonicotinoid insecticide safe to bees is to enter the Chinese market. This new product is expected to enjoy strong competitiveness and great market potential.
In Feb. 2017, the Zhejiang Crop Protection Industry Association issued the 2016 statistics on provincial output, sales, exports and economic performance of pesticide industry.
In early 2017, China released the Catalogue of Key Products and Services in Strategic Emerging Industries (2016), which listed biopesticides as one of the key products. With the favourable national policies currently in place, the biopesticide business may attract increasing attention and investments, and therefore is expected to develop rapidly in the near future.
As the agricultural supply-side reform has moved deeper, Chinese pesticide enterprises have taken various actions to deal with changes in the industry, such as M&A. Between late 2016 to Feb. 2017, there were 6 deals made or to-be-made, total costs given at USD2.92 billion+ (RMB20.00 billion).
On 21 Jan., 2017, Shenghua Biok disclosed its plan to sell the 100% stake in its wholly-owned subsidiary Inner Mongolia BIOK. In fact, impacted by the stagnant pesticide market, many pesticide enterprises have suffered great financial declines or even losses in recent years, and have therefore been sold by their parent companies.
On 16 Feb., 2017, Jiangsu Tuoqiu disclosed that it would purchase 100% of shares in Jiangsu Tuopuli at USD3.11 million (RMB21.35 million).
From Jan. to Nov. 2016, China's export volume of fipronil TC surged, while the corresponding export price slid, according to China Custom and CCM.
In Jan. 2017, DuPont finally obtained registrations for triflumezopyrim in China, according to the ICAMA. As an outstanding insecticide against rice plant hoppers, triflumezopyrim is expected to enjoy great prospects in this market.
According to ICAMA, a total seven registration certificates for insecticide technical were issued in China, of which six were five-year official registrations and one was one-year temporary registration.
The NATESC predicted in Jan. 2017 that pests and diseases may strike heavily in China in the year 2017, with a national total occurrence area of 346.67 million ha (5.20 billion mu).

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