Guangzhou, Guangdong -- (SBWIRE) -- 12/22/2011 -- The December Issue of Fungicides China News has been released by CCM International recently, indicating that both import and export of fungicides increase in Q1~Q3 2011.

Both import and export of fungicides in Q1~Q3 2011 have witnessed increase to a certain extent, according to the survey of General Administration of Customs of the People's Republic of China (GAC).

The import and export volumes of pesticides have reached around 41,000 tonnes and 611,000 tonnes respectively (calculated by physical quantity, similarly hereinafter) in China in Q1~Q3 2011, resulting in a favorable balance of USD1.47 billion.

It is worth noting that the import volume of fungicides is the largest among the three major pesticide categories, namely herbicides, insecticides and fungicides, at home from Jan. to Sept. 2011, hitting about 15,000 tonnes, up 33.40% year on year.

In addition, the import value of fungicides has witnessed significant growth of 38.80% year on year in Q1~Q3 2011, accounting for 42.11% of the import value of pesticides in China.

In terms of export, compared with insecticides and fungicides, the export volume of herbicides is the largest, reaching 377,000 tonnes and taking up 61.70% of the total export volume of pesticides in China from Jan. to Sept., 2011.

Although the export volume of fungicides is the least compared with those of herbicides and insecticides in Q1~Q3 2011, it has increased by 23.80% year on year to 59,000 tonnes, with its export value witnessing a remarkable rise of 43.70% to USD0.29 billion.

The increasing demand for fungicides from domestic and overseas market is the most important factor to speed up its import and export in China in Q1~Q3 2011. It is estimated that both import and export of fungicides will keep rising in the rest of 2011 for the booming fungicide market around the world.

All findings are from CCM International’s Fungicides China News. If you are interested in this newsletter, please do not hesitate to contact us at econtact@cnchemicals.com.

Headline News of Fungicides China News 1112:
- Nantong Baoye plans to relocate its factory in Rudong Coastal Economic Development Zone of High-tech Industrial Park, and the company will expand the capacity of its products accordingly.
- Over 65% of thiabendazole is used in the fresh-keeping for orange in domestic market.
- Both import and export of fungicides have witnessed increase in China in the first three quarters of 2011.
- Hisun Chemical's oxine-copper development project has successfully passed the acceptance evaluation recently, according to ZPECIC.
- The demand for pesticides will hit as high as 313,652 tonnes in China in 2012, increasing by 2.48% compared with that in 2011.
- Zibo Wanchang's trimethyl orthoformate capacity will hit 10,000t/a by H1 2012.
- Fungicides are in hot registration in China in the third quarter of 2011.
- Registration of kresoxim-methyl formulations has witnessed increase to a great extent in China since early 2011.
- The ex-factory price of prochloraz 97% TC has turned high, reaching around USD9,365/t in early Dec. 2011
- Wheat stripe rust has seriously occurred in winter wheat planting regions of Gansu recently.
- Kasugamycin needs to strengthen promotion as its market share has been experiencing ruthless crush from some chemical fungicides in recent years.

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Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_897.html