Fungicides China News 1511 (12 issues per year)

Date: 2015-12

“According to China Customs, from Jan. to Spet. 2015, fungicide formulation export market witnessed a YoY growth, the highlight of domestic depressed pesticide market. By contrast, the imports of fungicide formulations to China were down by 20.06% YoY in volume and 14.01% YoY in value, respectively. Fungicide formulation trade surplus amounted to USD102 million, soaring by 114.9% YoY.

It鈥檚 revealed that as the R&D and production technology of fungicide products are progressing, fungicide is capturing more and more share in Chinese pesticide market. Increasing supply of fungicide formulations in China reduces dependence on imported ones. Domestic manufacturers put great efforts to fungicide export business.
In this issue, CCM made in-depth analysis on import and export trade of fungicide formulations in Q1-Q3 2015.

The USD/RMB exchange rate in this report is USD1.00=RMB6.3154 on 2 November, 2015, sourced from the People’s Bank of China. All the prices mentioned in this report will include the VAT, unless otherwise specified.



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