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Short Analysis And Forecast Of The Chinese Agrochemical Market In 2016
Aug 05, 2016

I. Agrochemical prices are expected to continue to fall in a wavy line. In the first half of the year, the majority of agrochemicals saw a fall in prices, only less than 10 varieties saw a rise and the prices of six varieties were basically flat. Among the star products last year, glufosinate-ammonium prices dropped by half; paraquat AS, which exited the Chinese market, saw a fall by as much as 25% in prices, and even the price-fall-resisting dicamba had an accumulated fall of 15%. ....


II. Herbicides will be still the wind vane of the agrochemical industry but are unlike to rise in the short term. According to the forecast of relevant institution, the demand of the Chinese herbicide market in the first half of the year will decrease by around 5% year on year and the prices will drop by about 10%. Moreover, there are no forces that can drive the market up in the second half of the year and both the volume and price of the market will still go down....


III. Insecticides are at a disadvantaged position; the demand tends to grow later In 2016 H1, the total demand of insecticides in the Chinese market decreased slightly. Currently the Chinese insecticide industry is in a disadvantaged position. After the quotation of abamectin series technical was raised, restricted by the low end replenishment demand, the market price is slightly raised.

The meeting was organized by the Open Forum on Agricultural Biotechnology in Tanzania in collaboration with the Tanzania Commission for Science and Technology (COSTECH) at the Sokoine University of Agriculture (SUA) in Morogoro, Eastern Tanzania, on May 30, 2016. It was attended by 90 participants, including farmers, scientists, representatives from academia and media. 

Source from CCPIA