In the first quarter of 2013, the price of several popular insecticides and pesticide intermediates soars, especially acetamiprid, imidacloprid, chlopyrifos and 2-Chloro-5-chloromethylpyridine. The major reason is that some agrochemical manufacturers suspend their pesticide production, caused by the recently enhanced environmental protection inspection. Besides, the peak application period of rice insecticides is approaching, consequently driving up the price of these products to great extents.
The stricter environmental protection inspection will shut down lots of small-scale producers, which in turn will help large-scale producers seize the market gap. According to several listed agrochemical enterprises' annual reports of 2012, most of them enjoyed an increasing sales revenue in 2012.
Against this backdrop of the enhanced environmental protection inspection, listed agrochemical enterprises whose production meet this new standard are estimated to maintain high-speed growth in 2013.
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