Guangzhou, Guangdong -- (SBWire) -- 08/17/2011 --CCM has released the August issue of Insecticides China News, pointing out that China’s insecticide market is expected to recover gradually in H2 2011, and even grow compared with that in H2 2010.
The sales volume of most insecticides declined significantly due to the drought in H1 2011. Until June 2011, China’s insecticide market began to recover as the rainfall brought about severe occurrence of insect pests of rice, cotton and corn.
The occurrence of rice insect pests in H2 2011 is estimated to be worse, which will greatly boost the market demand for rice insecticides like imidacloprid. According to National Agricultural Technology Extension Service Center (NATESC), occurrence of mid-season and late rice insect pests is estimated to hit 49.33 million hectares in H2 2011. The technical consumption of rice insecticides is estimated to exceed 20,000 tonnes in 2011, including chlorpyrifos, imidacloprid, triazophos, DDVP, dimehypo, monosultap, acephate and mobucin, according to NATESC.
Besides rice pests, the occurrence of corn insect pests in H2 2011 is estimated to be worse over last year, with damaged area reaching around 44.13 million hectares. In 2011, the occurrence of athetis lepigone, an emerging corn insect pests, gets much severer than that of the average year, which is estimated to strike 2.14 million hectares' fields. Insecticides that can efficiently control corn insect pests will be welcomed by farmers in H2 2011, like DDVP, chlorpyrifos, phoxim, deltamethrin and Bt.
Last but not least, the occurrence of cotton insect pests will also make contribution to insecticide market in H2 2011. Learning from NATESC, the occurrence of cotton insect pests in H2 2011 will be severer than that in H1 2011 as estimated, hitting around 13.33 million hectares. It is estimated that cotton insecticides like carbosulfan, acetamiprid, DDVP, cyhalothrin and trichlorphon will continue to enjoy rise in demand in H2 2011 and some may witness supply shortage, such as carbosulfan and acetamiprid.
The following highlights are covered in the latest issue of Insecticides China News:
-Insecticide market in H2 2011 will recover gradually and even grow compared with H2 2010.
-Adding recessive components to insecticides has become a tacit rule in recent years.
-Shandong Sino-Agri expands imidacloprid technical capacity from 1,000t/a to 2,000t/a in July.
-Jiangsu Anpon strengthens promotion of pymetrozine in July 2011.
-Nanjing Redsun enjoys a 51.33% YoY growth in revenue in H1 2011, and suffers net profit down 35.05% YoY.
-Another six highly toxic insecticides will be eliminated in China from 31 Oct. 2013.
-Insecticide "Fengwei" killed one worker and poisoned four in Mashan County, Guangxi on 10 July 2011.
-China Dicofol Withdrawal Project in Luochuan passed mid-term evaluation on 1 July 2011.
-Severe occurrence of rice planthopper will directly push up the market demand for buprofezin in H2 2011.
-At present, emamectin benzoate is still a hot insecticide in China.
-So far, HaNPV's registration number ranks top among NPV bio-insecticides in China.
-In July, Zhejiang Xinnong gets temporary registration of 40% triazophos• spirodiclofen EW and starts to sell it.
-According to NATESC, about 44.13 million hectares' corn field is estimated to be hit by insect pests in H2 2011.
-According to NATESC, the damaged area of cotton insect pests is estimated to hit 13.33 million hectares in H2 2011.
-Market price of 95% acetamiprid technical remains stable at above USD14,200/t in H1 2011.
-Insecticide price remains stable with some reductions in Aug. 2011.
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China’s Insecticide Market to Recover Gradually in H2 2011