Guangzhou China, June 23, 2011 - The latest June issue of Herbicides China News reveals that M&A of agrochemical manufacturers is estimated to stand stable in a long term.
The high chemical material prices caused by current inflation in China, further drive up pesticide price. While the increasing pesticide price doesn't please consumers around the world, the shrinking profit makes Chinese agrochemical industry depressed.
It could be predicted that many Chinese agrochemical manufacturers with weak competitiveness and poor performance will shut down one by one in the intense competition. Meanwhile, large companies will dominate the pesticide market in the future.
With a series of related polices, Chinese government directs pesticide industry to an industrial integration. M&A (Mergers and Acquisitions) is the essential way for Chinese agrochemical manufacturers to make survive in the global competition. Most Chinese agrochemical manufacturers are undergoing quietly and they are estimated to stand stable in a long term. Agrochemical enterprises should become stronger and more sensible in the future.
Find more in the June issue of Herbicides China News:
-Jiangsu Changqing kept smooth development in the first quarter of 2011.
-Lianhe Technology's carfentrazone-ethyl capacity runs smoothly.
-Jiangsu Lanfeng set out the construction of a 4,000t/a diuron technical production line in May 2011.
-Shandong Binnong puts large efforts into pursuing flucarbazone-sodium.
-Shandong Qiaochang's 4,000t/a MCPA plant has got local government's acceptance check of environmental protection recently.
-Chinese atrazine export reached 36,656 tonnes in quantity of atrazine 100% AI, with average export price of 97% technical of USD2,820/t in 2010.
-Relatively high price and intense competition cumber diflufenican development in China.
-Current drought in Central China may boost herbicide demand in next crop-planting season indirectly.
-China's dicamba was still sold to overseas market primarily with total export quantity exceeding 2,000 tonnes and export price keeping stable in 2010.
-Fengshan Group is running two new constructions, namely a new 5,000t/a trifluralin production line and a 400t/a quizalofop-P-ethyl expansion.
-Jiangsu Flag has accomplished a series of herbicide expansion construction.
-Yellow phosphorus price keeps at high level in China recently.
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