CCM's October Issue of Insecticides China News has been released recently. The news of rice insecticide catches people's eyes.
Imported rice insecticides, with stronger market demand and higher market price, turn out to be the winner in the competition with domestic rice insecticides.The pests' strong resistance against most home-made rice insecticides makes farmers turn to imported products, which has a direct effect on the consumption of home-made rice insecticides this year.
In 2011, imported rice insecticides enjoy higher market demand than home-made rice insecticide in Chinese market. It is reported that the total consumption of imported insecticides in China has posted a YoY growth of around 30% as of Sept. 2011, while that of home-made ones has witnessed a YoY decline of about 20%. Imported rice insecticides have a pretty good performance this year.
Besides, though imported rice insecticides are expensive, farmers in some rice planting areas like Hunan Province still prefer to apply them. The market price of imported rice insecticides largely increases in 2011, with most seeing YoY growth ranging from 5%-20% as investigated. According to Mr. Li, a pesticide dealer in Hunan Province, the market demand for imported rice insecticides, especially DuPont's chlorantraniliprole, is stronger than that for home-made kinds this year; the market price of most imported varieties increases, while most home-made ones' just keep stable. The average market price of 20% chlorantraniliprole SC in 5 ml package is about USD1.25/bag (RMB8/bag) in Jan.-Sept. 2011, which was USD1.12/bag (RMB7.5/bag) in 2010; average market price of 2% abamectin EC in 300 ml package remains stable at around USD2.65/bottle (RMB17/bottle) in Jan.-Sept. 2011.
The competition between imported and home-made rice insecticides in 2011 will be over soon. It is obvious that imported rice insecticide outshines domestic ones. But a new round of rivalry will start again and the future result might be reversed.
More news in CCM's October Issue of Insecticides China News:
-Exit of highly toxic pesticides favors bio-pesticide industry
-Hainan Government bans another three insecticides
-Shandong Dacheng to relocate 45,000t/a insecticide production lines
-Hubei Nongmao to produce 20,000t/a chlorpyrifos technical
-Lianhe Chemical to finish building 300t/a 4-ethylbenzoyl chloride production line
-Jiangsu Lanfeng finishes constructing 8,000t/a acephate production lines 11
-Hebei Government firstly purchases imidacloprid WS
-Imported varieties win Chinese rice insecticide market in 2011
-Number of registration and output of Beta-cypermethrin drop in 2011
-Imidacloprid technical export volume soars in Jan.-July 2011
-Late rice pests to occur moderately in rest of 2011
-Guizhou Baofeng applying for first domestic registration of spirodiclofen single formulation
-Monthly ex-factory prices of key raw materials in China, Oct. 2011
-Monthly ex-factory prices of main insecticides in China, Oct. 2011
-Monthly Shanghai Port prices and FOB Shanghai price of main insecticides, Oct. 2011
-Average market price of main crops in China, 30 Oct. 2011
-Carbofuran: tight supply pushes up market price in Sept. 2011
-Market price of 95% abamectin technical keeps decreasing
For more information about CCM's October Issue of Insecticides China News, please feel free to contact us at econtact@cnchemicals.com.
(Guangzhou China, October 12, 2011)
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