Cold weather delays the start of China's pesticide market

Affected by low temperatures, the first quarter of this year, the slow start of the pesticide market, the market is extremely deserted, but from the perspective of domestic and foreign pesticide demand, it showed signs of improvement.

Sales of pesticides in North America, Latin America, Europe and Africa all rebounded. At the end of March 2012, there were 806 pesticide manufacturing industry enterprises in China, and the total assets of the industry reached 145.46 billion yuan, an increase of 11.18% year-on-year. Data show that: From January to March 2012, China's industrial enterprises engaged in pesticide manufacturing above designated size achieved a total revenue of 49.25 billion yuan, an increase of 23.53%; and a total profit of 2.73 billion yuan, an increase of 36.22%.

According to the “2012-2016 China Chemical Pesticide Market Survey and Investment Prospects Analysis Report”, from January to March 2012, the country’s total production of chemical pesticides reached 837,600 tons, an increase of 20.31% year-on-year. Among them, the herbicide production amounted to 370,000 tons, an increase of 41.10 percent year-on-year, accounting for 44.29% of the country's total output of chemical pesticides; the output of pesticides was 183,000 tons, a decrease of 10.37 percent year-on-year, accounting for the total chemical pesticides nationwide. 21.90 % of production. The output of the original bactericide was 31,000 tons, a year-on-year decrease of 16.37%, accounting for 3.72% of the country's total output of chemical pesticides.

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