PUBLISHER: CCM Data & Business Intelligence | PRODUCT CODE: 607202
PUBLISHER: CCM Data & Business Intelligence | PRODUCT CODE: 607202
On 27 July, Zhongqi United, a company jointly invested by COFCO and SINOGRAIN was established to implement the storage,
monitoring, sales and distribution of grain.
On 21 July, ZhongNongFa Seed issued its semi-annual report of 2022. During the reporting period, the company's total revenue nudged
up by 18.57 YoY, and its net profit reversed from losses, representing a triple-digit YoY growth.
Inner Mongolia Lange's pretilachlor TC and supporting intermediate production lines have been put into trial operation. The company is
currently preparing for launching a 1,000 t/a topramezone TC project.
On 16 Aug., the EI report of Shangyu Xinyinbang's 400 t/a methoxyfenozide TC project was published by local authorities. Along with the
new construction plan, the company declares cancellation of the previously approved 20,000 t/a glyphosate TC (converted to 100% AI)
project and 100 t/a cyproconazole TC project.
Jiangsu Changqing has been proceeding in an orderly manner with the construction of its production base in Yichang City, Hubei Province.
So far, the company has made arrangements on the commissioning of its 6,000 t/a dicamba TC production lines and the commencement
of 3,500 t/a glufosinate-ammonium TC project.
In early Aug., given the stable upstream raw material prices, reduced market demand, low operating rate and sound supply and demand
in the market, the ex-works prices of fungicide TC in China remained stable.
In early Aug., ex-works prices of most herbicides TC were stable.
Ex-works price of 95% glufosinate-ammonium TC in China decreased by 2.13% MoM in early Aug., mainly due to dropped price of the
Headline 1
Editor's Note 2
Company Dynamics 3
COFCO and SINOGRAIN form new JV for food reserve and marketing coordination 3
ZhongNongFa Seed reports growth in total revenue and net profit 3
Inner Mongolia Lange's pretilachlor TC line enters trial run 4
Shangyu Xinyinbang to build 400 t/a methoxyfenozide TC production capacity 5
Market Analysis 7
Jiangsu Changqing proceeds with construction projects as planned in general 7
China's ex-works prices of fungicide TC maintain stable in Aug. 7
Prices of most herbicides TC keep stable in Aug. 8
Glufosinate-ammonium TC price dips in early Aug. 9
Heilongjiang progresses in agricultural production over past decade 10
MARA issues Notice of Boosting Development of Seed Enterprises in China 11