Most domestic pesticide enterprises, such as Shenzhen Noposion Agrochemicals Co., Ltd., Zhejiang Qianjiang Biochemical Co., Ltd., etc., perform well in Q1 2011. However, the revenue and net profit of Jiangsu Huifeng Agrochemical Co., Ltd. both witness sharp drop in Q1 2011, decreasing by 12.04% and 68.65% year on year to USD25.55 million and USD1.58 million respectively.As of early May 2011, the total stricken area of wheat diseases has reached 8.25 million hectares all over the country. It is estimated that about 21.42 million hectares of wheat fields are to be stricken by wheat diseases in the middle and late period of wheat growth.With the large-scale occurrence and the coming peak period of wheat diseases from May to June, some highly effective and lowly toxic fungicides, such as tebuconazole, triadimefon, carbendazim, are enjoying fast sale at present.According to Makhteshim Agan Industries (MAI), the largest manufacturer of generic pesticides in the world, China National Chemical Corporation (ChemChina) will acquire its 70% share with funds of about USD2.7 billion, which indicates the consolidation in Chinese pesticide industry is about to raise the curtain in the near future.Noposion has realized revenue growth of 11.29% year on year to USD222.90 million in 2010.On19 April 2011, Jiangsu Lanfeng's net profit in 2010 decreased by 23.33% year on year to USD11.76 million, although it achieved 45.66% revenue increase.Tebuconazole enjoys fast sale at present mainly thanks to the coming of its consumption peak season in the domestic market.Phenazino-1-carboxylic acid, exclusively produced by Shanghai Nongle, is expected to enjoy bright market prospect in China.The ex-factory price of triadimefon 95% TC reaches USD9,234/t in early May 2011, up 1.66% compared with that of last month.Chinese export volume of carbendazim is estimated to keep increasing in 2011.Jiangsu Huifeng performs poor in Q1 2011.The propiconazole technical of Xingang Agrochemical has been selling well recently mainly thanks to its robust demand from overseas market.Limin Chemical plans to further cement its fungicide business in 2011, through expanding the capacity of three fungicides, namely mancozeb, difenoconazole and phosethyl-Al.Yangnong Group reveals that it will launch the production of carbendazim and thiophanate-methyl in late May 2011.Meibang Group aims to joust for the kresoxim-methyl formulations in 2011.Jiangsu Sevencontinent's capacity of triazole fungicides hits No.1 in China.Oligosaccharins' promotion concept needs to improve.Sichuan Guoguang aims to expand the production of abscisic acid.Wheat diseases are predicted to hit 29.67 million hectares of wheat in 2011, up 9.77% compared with that of the previous year.In 2011, diseases and insect pests will hit 11.57 million hectares of crop field in Liaoning.
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Fungicides China News 1105 - Annual Subscription
Published on May 2011
Report Summary
Most domestic pesticide enterprises, such as Shenzhen Noposion Agrochemicals Co., Ltd., Zhejiang Qianjiang Biochemical Co., Ltd.,
etc., perform well in Q1 2011. However, the revenue and net profit of Jiangsu Huifeng Agrochemical Co., Ltd. both witness sharp drop
in Q1 2011, decreasing by 12.04% and 68.65% year on year to USD25.55 million and USD1.58 million respectively.
As of early May 2011, the total stricken area of wheat diseases has reached 8.25 million hectares all over the country. It is estimated
that about 21.42 million hectares of wheat fields are to be stricken by wheat diseases in the middle and late period of wheat growth.
With the large-scale occurrence and the coming peak period of wheat diseases from May to June, some highly effective and lowly
toxic fungicides, such as tebuconazole, triadimefon, carbendazim, are enjoying fast sale at present.
According to Makhteshim Agan Industries (MAI), the largest manufacturer of generic pesticides in the world, China National Chemical
Corporation (ChemChina) will acquire its 70% share with funds of about USD2.7 billion, which indicates the consolidation in Chinese
pesticide industry is about to raise the curtain in the near future.
Noposion has realized revenue growth of 11.29% year on year to USD222.90 million in 2010.
On19 April 2011, Jiangsu Lanfeng's net profit in 2010 decreased by 23.33% year on year to USD11.76 million, although it achieved
45.66% revenue increase.
Tebuconazole enjoys fast sale at present mainly thanks to the coming of its consumption peak season in the domestic market.
Phenazino-1-carboxylic acid, exclusively produced by Shanghai Nongle, is expected to enjoy bright market prospect in China.
The ex-factory price of triadimefon 95% TC reaches USD9,234/t in early May 2011, up 1.66% compared with that of last month.
Chinese export volume of carbendazim is estimated to keep increasing in 2011.
Jiangsu Huifeng performs poor in Q1 2011.
The propiconazole technical of Xingang Agrochemical has been selling well recently mainly thanks to its robust demand from
overseas market.
Limin Chemical plans to further cement its fungicide business in 2011, through expanding the capacity of three fungicides, namely
mancozeb, difenoconazole and phosethyl-Al.
Yangnong Group reveals that it will launch the production of carbendazim and thiophanate-methyl in late May 2011.
Meibang Group aims to joust for the kresoxim-methyl formulations in 2011.
Jiangsu Sevencontinent's capacity of triazole fungicides hits No.1 in China.
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Oligosaccharins' promotion concept needs to improve.
Sichuan Guoguang aims to expand the production of abscisic acid.
Wheat diseases are predicted to hit 29.67 million hectares of wheat in 2011, up 9.77% compared with that of the previous year.
In 2011, diseases and insect pests will hit 11.57 million hectares of crop field in Liaoning.
Table of Content
Noposion enjoys 11.29% revenue increase in 2010
Jiangsu Lanfeng: net profit down 22.33% in 2010
Tebuconazole enjoys fast sale
Phenazino-1-carboxylic acid eyes bright prospect
Price of triadimefon 95% TC continues to rise
Export volume of carbendazim to keep increasing in 2011
Jiangsu Huifeng performs poor in Q1 2011
Xingang Agrochemical's propiconazole technical sells well
Limin Chemical to further cement fungicide business
Yangnong Group to launch fungicide production in late May 2011
Shaanxi Meibang to joust for the kresoxim-methyl formulation market
Jiangsu Sevencontinent hits No. 1 in triazole fungicide capacity
Oligosaccharins' promotion concept needs to improve
Sichuan Guoguang to expand abscisic acid production
Wheat diseases to occur seriously in 2011
Diseases and pests to hit 11.57 million hectares crop in Liaoning
Companies mentioned
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Shenzhen Noposion Agrochemicals Co., Ltd.
Jiangsu Lanfeng Biochemical Co., Ltd.
Shanghai Nongle Biological Products Co., Ltd.
Jiangsu Huifeng Agrochemical Co., Ltd.
Jiangsu Xingang Agrochemical Co., Ltd.
Limin Chemical Stock Co., Ltd.
Jiangsu Yangnong Chemical Group Co., Ltd.
Shaanxi Meibang Group
Jiangsu Sevencontinent Green Chemical Co., Ltd.
Sichuan Guoguang Agrochemical Co., Ltd.
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