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Insecticides China News 1205 Published on May 2012

Report Summary The market prices of many insecticides in China continue to keep stable this month, and a few keep ascending driven by the growing demand. Taking 95% acetamiprid technical for example, in early May, its market price increases drastically to USD22,610/t. As investigated, supply shortage is the major driver. Besides, another major insecticide, imidacloprid, also sees a tight supply at present. May is the traditional peak season of pesticide sales in China, pesticide dealers take an optimistic view of the sales in view of the current market demand in China. The severer occurrence of insect pests over 2011 and increasing export volume are the major factors promoting the demand for pesticides, which also raises pesticide manufacturers' previous expectation of large pesticide consumption in 2012. Market prices of most pesticides, especially insecticides, keeps rising in May. Besides, the development dynamics of some hot insecticides like spinosad and botanical insecticides (flufiprole and cnidiadin) also draws attention, which will be introduced in this issue. Up to 19 April 2012, flufiprole and ivermectin have obtained respective formal registration, and cnidiadin obtained a temporary one in China, according to ICAMA. Jiangsu Yangnong embraces rise both in revenue and net profit in 2011. Hunan Haili performs well in 2011, with a slight growth both in revenue and net profit. BBP generates a large revenue growth to ABA Chemicals in 2011, according to the company's Annual Report 2011. On 7 April 2012, Jiangsu Fengshan announces the completion of its expansion of chlorpyrifos technical's capacity to 5,000 t/a and technological transformation. Jiangsu Changqing will construct a new 1,000t/a production line of imidacloprid technical to replace an existing one built in 2007. Cycloxaprid developed by China and highly valued by foreign companies will possibly be launched in three to five years. Banned insecticides namely methomyl, dicofol and endosulfan are detected in tea products of a famous multinational company on 24 April 2012. Rudong Huasheng is going to build production lines of pesticide technical (2,000t/a) and pesticide formulations (3,100t/a) and byproduct ethanol. The occurrence of locusts, especially Asiatic and Tibetan migratory locusts will be relatively light in China in 2012. In Q1 2012, China sees a 16.5% YoY increase in import volume of insecticides, according to the statistics from China Customs. On 30 March 2012, Beijing Yoloo gets the registration of 20% spinosad WG, which is the second registration of spinosad WG in China.

Insecticides China News 1205 (From Issuu)

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>> Get this Report Now by email! Sinochem Ningbo (Lianyungang) has registered three insecticide technicals since 29 Jan. 2012; it becomes a new registered producer of pesticide technical in China. The ex-factoty price of 95% acetamiprid technical has been rising drastically in China since March 2012, which is close to that of 95% imidacloprid technical at the same time.

Table of Content Flufiprole and ivermectin obtain formal registration Jiangsu Yangnong: both revenue and net profit up in 2011 Hunan Haili presents slight performance growth in 2011 ABA Chemicals' BPP business works well in 2011 Jiangsu Fengshan expands chlorpyrifos technical capacity to 5,000t/a Jiangsu Changqing to construct new 1,000t/a imidacloprid technical production line Cycloxaprid developed by China to be released in 3-5 years Banned methomyl, dicofol and endosulfan found in tea products Rudong Huasheng to build pesticide technical and formulation prduction lines Rice diseases and insect pests to seriously hit Zhejiang in 2012 Domestic occurrence of locusts to be light in 2012 China's insecticide import volume up 16.5% YoY in Q1 Beijing Yoloo gets second spinosad WG registration in China Sinochem Ningbo (Lianyungang) registers 3 insecticide technicals since Jan. 2012 Monthly ex-factory prices of key raw materials in China, May 2012 Monthly ex-factory prices of main insecticides in China, May 2012 Monthly Shanghai Port prices and FOB Shanghai price of main insecticides, May 2012 Monthly market prices of main crops in China, 28 April 2012 Domestic 95% acetamiprid TC price soars since March 2012 Companies Mentioned Jiangsu Yangnong Chemical Co., Ltd.; Hunan Haili Chemical Industry Co., Ltd.; ABA Chemicals (Shanghai) Limited.; Jiangsu Fengshan Agrochemistry Co., Ltd.; Jiangsu Changqing Agrochemical Co., Ltd.; Shanghai Shengnong Pesticide Co., Ltd.; Rudong Huasheng Chemical Co., Ltd.

Insecticides China News 1205 (From Issuu)

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Insecticides China News 1205  

The market prices of many insecticides in China continue to keep stable this month, and a few keep ascending driven by the growing demand. T...

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