This newsletter will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire fungicide industry chain, from raw materials to end consumption. It includes breaking news from China and abroad, the latest market data (price, import & export, production, consumption, operating rates, etc.), in-depth analysis of market trends, and expert commentary from industry insiders.
Here is the Editor's Note for you to know about the Oct. issue specifically:
- As of late Oct., most of the enterprises which have been ordered to suspend production due to environmental reasons did not resume production as expected, as a result, the supply of related products tightened. The high prices of fungicides have naturally led to increased production costs of downstream products, but this did not stimulate more transactions.
- Affected by previous stringent environmental policies, some pesticide enterprises, especially Jiangsu Huifeng, had falling financial performance in the first three quarters. Jiangsu Huifeng is predicted to have a net loss of USD16.10 million-USD36.25 million. Lanfeng Bio-Chem and Lianhetech are also expected to have made losses in the first three quarters.
- However, high environmental pressure has stimulated the pace of acquisition in the industry. For example, Limin Chemical is to buy 100% of the shares in three companies in order to consolidate its position in the agrochemical industry. Via the acquisition, Limin Chemical will also have better development in the insecticide sector, in addition to fungicides and herbicides.
- Fungicides China News is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.
