May. 18, 2015
According to the latest China Agrochemical Market Monthly Report (CAMMR Issue 201504) published by AgroPages, it is foreseen that the safety of agricultural product will become a key focus of attention of both government administrations and production enterprises. Editor of AgroPages highlights the market dynamics of April as follow:
Food safety continues to attract attentions
From supervision perspective, besides the promoted registration for minor crops and commercial crops to govern the use of pesticides, ICAMA has recently amended the food safety law which further stipulates that highly-toxic pesticides shall not be used for vegetable and fruit crops. Additionally while nation-wide effort is being made to call for environment-friendly pest control measures and to reduce the use of pesticide, local government is implementing a joint supervision in key areas regarding the use of agrochemicals. From producer’s perspective, agrochemical enterprises like Bayer CropScience have actively taken part in the food safety-related programs. It is foreseen that the safety of agricultural product will become a key focus of attention of both government administrations and production enterprises.
International fertilizer producers expediting Chinese market
A number of international fertilizer enterprises with featured product and different technologies have participated in the 6th China International Fertilizer Show (FSHOW) held this March in Shanghai to start to explore Chinese market. Recently another 2 international fertilizer producer shave set up branches in China and have rapidly located dealers intended for Chinese domestic market. The trend to explore Chinese market is expected to be intensified in 2015 when international fertilizer giants are strengthening their deployment in Chinese market. At present China’s novel fertilizer industry is undergoing a transition after having experienced a period of absence of industrial standard and lack of administration. Hence Chinese fertilizer producers will face tremendous challenges from international industries.
Chinese enterprises targeting at off-patent product
As seen from the pesticide varieties announced to be approved by ICAMA, it is noted that the off-patent products of multinationals have become very hot among Chinese enterprises. Statistics shows that penoxsulam technical of 5 enterprises will be approved in 2015; this product is patented by Dow AgroSciences, which is going to expire on the 22 September 2017. The other patented product pyraclostrobin of BASF will expire on the 21 June 2015, which is also being chased by Chinese enterprises. In 2015, 7 enterprises have the intention to go for the registration of pyraclostrobin technical.
China Agrochemical Market Monthly Report
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