CCM: China’s pesticide market recovers as spring ploughing period comes 06-14-2016

In mid-March 2016, the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA) announced that with the launch of spring ploughing, China’s pesticide market began to recover in Feb. 2016 according to its monitoring. Sales volume in both wholesale and retail increased, supply was sufficient and market prices were quite stable.


- Wholesale
In Feb. 2016, the total sales volume of pesticide increased by 27.1% month on month. Specifically, that of herbicides soared by 70.8%, that of fungicides increased slight while that of insecticides reduced by 23.7% month on month.


As for wholesale prices, insecticides and herbicides prices up slightly while fungicide prices dropped a little month on month and the fluctuation ranges were within 0.1%. In particular, wholesale prices of pymetrozine, mancozeb, glyphosate and paraquat presented downward trends while those of abamectin, triazophos, chlorothalonil, thiophanate-methyl and quizalofop-P-ethyl climbed up.




- Inventory
Inventory of insecticides was sufficient, increasing by 34.6%, that of fungicides reduced by 9.8% and that of herbicides increased by 6.1% month on month in Feb. 2016.


- Retail
In Feb. 2016, sales volume of pesticides increased by 12.1% month on month. Out of these, sales volume of insecticides grew significantly by 25.4% and that of fungicides and herbicides increased by 4.9% and 6.1% respectively.


Regarding the retail prices, that of insecticides dropped by about 0.5% and that of fungicides and herbicides both increased slightly by about 0.1% month on month. To be more specific, prices of insecticide products such as abamectin, imidacloprid and bifenthrin fell while prices of fungicides like difenoconazole and chlorothalonil and herbicides like clethodim increased.


This report comes from Insecticides China News 1603, CCM




About CCM:

CCM is the leading market intelligence provider for China’s agriculture, chemicals, food & ingredients and life science markets. Founded in 2001, CCM offers a range of data and content solutions, from price and trade data to industry newsletters and customized market research reports. Our clients include Monsanto, DuPont, Shell, Bayer, and Syngenta. CCM is a brand of Kcomber Inc.

 

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Tag:  pesticide  insecticides  herbicides  fungicide


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