China pesticide sales amount to 51.8 billion Yuan in 2010

During the month of December 2010, 950 Chinese pesticide companies have achieved the total sales of 4.39 billion Yuan, up 22.2% year on year. Cumulative sales from January to December were 51.82 billion Yuan, up 20.4%, reports Agropages.

By categories, the cumulative sales were 45.63 billion Yuan and 6.2 billion for chemical pesticides and biopesticides, up 19.9% and 27.6% respectively. Sales of biopesticide accounted for 12.0% of the total pesticide sales, only a slight growth of 0.7% from last year.

Sales-output ratio in December was 95.8%, down 2.3% from last month. Total Cumulative sales-output ratio from January to December was 96.7%, down 0.33% year on year. The cumulative sales-output ratio for chemical pesticides and biopesticides were 96.8% and 95.9%, the later posted a 2.31% decrease year on year.

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