New Study Forecasts that the Total Demand for Pesticide Will be 298,200 Tons in China...

New Study Forecasts that the Total Demand for Pesticide Will be 298,200 Tons in China in 2008

DUBLIN, Ireland--(Business Wire)--Research and Markets
(http://www.researchandmarkets.com/reports/c81260) has announced the
addition of China Pesticide Industry Report, 2007-2008 to their
offering.

In the past decade, the pesticide industry in China has developed
rapidly, the pesticide output has almost doubled, and its variety has
increased as well. In 2007, with policy support and market
stimulation, pesticide production still maintained rapid growth.
However, as agricultural production relies much on the season, the
monthly output of pesticide fluctuated. This is particularly true with
the monthly output of antiseptics, the gap between maximum and minimum
output was about 87.28 percentage points.

The accumulative output of raw chemical pesticide in China was
1.403 million tons from Jan to Oct of 2007, up 21.28% year-on-year,
and the growth rate was down 0.88 percentage points compared to the
previous year. Meanwhile, the growth rate of the accumulative output
of herbicide accelerated, while the insecticide and antiseptics
continued to drop. The accumulative antiseptic output in China
amounted to 112,300 tons from Jan to Oct of 2007, rising 10.69%
year-on-year, and the growth rate increased 6.98 percentage points
compared to the past year; the accumulative output of insecticide was
511,500 tons, ascending 10.66% year-on-year only, while down 5.06
percentage points year-on-year. What's more, the pesticide product
structure was further improved from Jan to Oct of 2007, and the ratio
of insecticide to total output of pesticide had dropped to 36.48%,
declining 1.86% compared to the first half of year.

It is forecasted that the total demand amount of pesticide will be
298,200 tons in China in 2008, nearly same to the 2007; and the demand
of high-effective and low-poison insecticide in the pesticide market
will be slow steadily. The demand for herbicide will be robust, while
the demand for antiseptic will be steady, and the total supply will be
sufficient.

The pesticide varieties with more than 10,000 tons demand amount
all over China will include dichlorvos, acetochlor, copper sulfate,
glyphosate, trichlorfon, disosultap etc, 5,000 to 10,000 tons
varieties include phoxim, carbendazim, monosultap, butachlor,
atrazine, omethoate, triophanate-methyl, chlorpyrifos, 2,4-D butyl
ester, dimethoate, acephate etc. In addition, the provinces with more
than 20,000 tons of pesticide demand amount are Heilongjiang and
Hunan, and the following provinces are ranging from 10,000 tons and
20,000 tons, like Guangdong, Yunan, Shandong, Henan, Anhui, Hubei,
Hebei, Jiangsu, Liaoning, Guangxi, Fujian, Jiangxi, and Zhejiang.

It is forecasted that the total demand amount of insecticide will
be 140,100 tons in China in 2008, down 3.24% year-on-year; the demand
of acaricide will rise dramatically, and the total amount will hit
10,600 tons, rising 15.84% year-on-year; the demand amount of
antiseptic will be the same to previous year, and the total amount
will be 76,000 tons; the demand of herbicide will still be robust, and
the total demand amount will amount to 78,000 tons; the demand of
rodenticide will rise year by year, and its demand amount will be
928.4 tons in 2008, increasing 20.64% year-on-year. Meanwhile, the
demand amount of pesticide spraying machine will be a bit down in
China in 2008, and the high-quality and high-efficient hand-operated
sprayer will be popular among the farmers.

Companies Mentioned:

-Hubei Sanonda Ci., Ltd

-Nantong Jiangshan Agrochemical & Chemicals Co., Ltd

-Nanjing Red Sun Co., Ltd

-Jiangsu Yangnong Chemical Co., Ltd

-Zhejiang Qianjiang Biochemical Co., Ltd

-Shandong Huayang Pesticide Chemical Industry Group Co., Ltd

-Zhejiang Xinan Chemical Industry Group Co., Ltd

-Shandong Dacheng Pesticide Co., Ltd

-Anhui Huaxing Chemical Industry Co., Ltd

-Hunan Haili Chemical Industry Co., Ltd

For more information visit
http://www.researchandmarkets.com/reports/c81260

Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

Copyright Business Wire 2008