Tuesday, December 28, 2010

Crop Protection China News 1018

Crop Protection China News 1018

It is apparent that reshuffle is an inevitable trend in domestic pesticide industry. Chinese government releases some policies to ensure sound development of the pesticide industry, among which formal “Pesticide Industry Policy” captures spotlights from domestic pesticide industry.
“Pesticide Industry Policy” calls for reducing the number of pesticide companies by 30% by around 2015, and the industry sales of top 20 producers will constitute 50% of national total as expected at that time. By 2020, the MIIT hopes that market share of around 70% will concentrate in the top 20 firms.
The leading pesticide companies will benefit from the “Pesticide Industry Policy”. Stock prices of most listed domestic pesticide companies witnessed huge increase after the release of “Pesticide Industry Policy”.
Besides, management method for the industry is improving. Institute for the Control of Agrochemicals of the Ministry of Agriculture (ICAMA) stipulates that companies in pilot provinces should apply for pesticide registration online from 1 Sept. 2010, which is time-saving, or, let’s say, creating benefits for pesticide companies.
Table of contents
  • Pesticide Industry Policy” to trim pesticide industry
  • Online pesticide registration method launches
  • Jiangsu Changqing to found wholly-owned subsidiary
  • Fujian Sannong relists
  • Origin Biotech inks Bt-gene agreement with CAAS
  • Pest/disease forecast on late rice in Fujian, 2010
  • Import of ethylenediamines alters
  • Cotton price hits record high
  • Beijing Dabeinong’s new corn seed gains national approval
  • Agria Corporation invests in Wuwei Ganxin
  • Average market price of main crops in China (30 Sept. 2010
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