Welcome to June issue of Herbicides China News published by CCM International, a professional consulting company who has been extensively and intently focusing on dynamics of China's herbicide industry.
As mentioned in last issue, current inflation resulted in the hike of chemical material prices in China, further drives up pesticide price. However, in fact, many Chinese pesticides with compelled high price are not so welcomed among consumers in the world. It means that the shrinking profit makes Chinese agrochemical industry depressed.
It could be predicted that many Chinese agrochemical manufacturers with weak competitiveness and small production scale will shut down one by one in the intense competition. In the meantime, large companies with strong dominance will go on developing rapidly in the future.
However, this trend in Chinese pesticide industry accords with Chinese government's expectation. With a series of relative polices, Chinese government directs pesticide industry to an industrial integration. According to Pesticide Industry Policy, pesticide industry in China should be of balance and environmental protection in the coming years.
As for Chinese agrochemical manufacturers, their M&As are also ongoing quietly. Aiming to stand stably in a long term, undoubtedly, those agrochemical enterprises that are ambitious in China should also be stronger and more sensible in the future.