杀菌剂中国月报(杀菌剂中国新闻1803)

The domestic fungicide technical market was stable on the whole in March 2018. Producers were mainly busy with old orders; the demand from downstream enterprises was flat. Due to the stringent environmental policies, some technical and raw material producers saw relatively low operating rates or even suspended production. As a result, supplies tightened and prices remained high.

In terms of exports, fungicide formulations saw YoY increases both in export volume and export value, with a respective rate of 7.27% and 14.61%. Notably, the exports of retail packaging fungicides formulations grew faster than the non-retail packaging ones in 2017.

The USD/CNY exchange rate in this newsletter is USD1.00=CNY6.3352 on 1 March, 2018, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.

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