Fungicides China Monthly Report

With the national policy adjustment and agricultural planting structure change, the domestic fungicide market performs well. Liang Diyun, a senior agronomist from the National Agro-Tech Extension and Service Center, stated that thanks to crop structure adjustment, increasing vegetables and fruits, and higher requirements of disease control, fungicide is playing a important role in China, together with rising demand, fungicide market will show good performance. 

Domestic and foreign pesticide enterprises are actively seizing fungicide market.

Foreign enterprises

After multinational agrochemical enterprises launched new fungicides successively in 2014, ADAMA Agricultural Solutions Ltd. (ADAMA) introduced a new fungicide "Kusite" (18% tebuconazole+11% azoxystrobin) in Chinese market on 8 Spet., 2015.

Domestic enterprises

Faced with increasingly launched fungicides, domestic enterprises take various kinds of strategies to cope with the condition. Some choose to cooperate with foreign enterprises, while others are busy with applying for mixed formulations whose active ingredients’ patents expired. Especially the patent of pyraclostrobin expired in June 2015, domestic ones are researching new products to seize market share.

Notably, from Jan. to Aug., China has gained registrations of 3 novel fungicide technical (ZJ0712, LH-2010A, B2-a) and 5 related formulations. It’s forecasted that they will hit the market in the near future.

In this issue, CCM has made in-depth analysis on Chinese grape fungicide market. CCM will follow up and analyze Chinese fungicide market later.

The USD/RMB exchange rate in this issue is USD1.00=RMB6.3752 on 1 September, 2015, sourced from the People's Bank of China. All the prices mentioned in this report will include the VAT unless otherwise specified.