The second season of rice and vegetables has begun at the beginning of Aug. 2010 in China. However, occurrence of rice insect pests gradually stretches to areas of middle-season rice and single-crop rice, which also indicating the coming of second peak sales season of insecticides.
Product mix of rice insecticide has witnessed continuous transforming since 2007. Chinese government paid more attention to pesticide industry and put forward a series of positive policies to adjust industrial structure: the fifth lot of alternative technologies and substitutes for highly toxic pesticides was announced on 12 Jul. 2010; export rebates of several insecticides were abolished on 15 July 2010. Chlorfluazuron as an environmentally friendly pesticide with high efficiency is attracting more and more attention recently.
Weathered through price war and disorderly competition in Q2 2010, abamectin market recovers with technical price returning to stable after industry self-help carried out by makers represented by Shandong Shengli.
The company dynamics, including expansion, relocation and semiannual report, covers very wide omnibus concept and the big company, such as Nanjing Redsun, Jiangsu Changlong, Jiangsu Lanfeng, etc.
During 2010 and beyond, we will cover a wide variety of issues related to insecticide market in China, including company dynamics, crop insect pests, supply and demand, price monitoring, related policies/ registration, raw materials/ intermediates, expiring patent, etc.