Fungicides China Monthly Report

Welcome to Fungicides China News published by CCM, a professional consulting company which has been extensively and intently focusing on the dynamics of China's fungicide industry.

It is well known that Chinese fungicide industry has developed greatly in recent years–not only the market sees unceasing expansion but also the varieties witness significant increase. However, the upgrading of fungicide varieties can not keep up with the demand in domestic market, which negatively impacts agricultural production. Therefore, China needs to speed up the research & development of fungicides from now on.

According to the General Administration of Customs of the People's Republic of China (China Customs), Chinese import volume of fungicides reached 1,909 tonnes in Aug. 2012, down 4.21% over last month. From Jan. to Aug. 2012, China's import volume of fungicides amounted to 17,415 tonnes, up 23.77% year on year. On the contrary, in Aug. 2012, China exported about 5,860 tonnes of fungicides to overseas market, rising by 6.45% over the previous month. Chinese total export volume of fungicides declined by 7.97% year on year from Jan. to Aug. 2012 to 48,381 tonnes. 

In domestic rice market, the demand for fungicides to fight against key rice diseases witnessed a slip to a certain extent recently as rice gradually entered harvest season in most rice planting regions of China since middle Sept. 2012. Moreover, the ex-factory prices of most of rice fungicides made in China saw decrease accordingly. Fortunately, some fungicides that are used to treat seed for autumn-sown wheat will enjoy a sound sale aided by the demand pull in domestic market in the following weeks of Oct. this year, such as tebuconazole, difenoconazole, fludioxonil, quintozene and silthiopham.

 
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