Crop Farming China E-News

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Crop Farming China News provides you with real-time intelligence on China's agricultural commodities markets.
 
Chinese agriculture is undergoing rapid reform as China attempts to increase yields while also reducing pollution and mitigating the impact of the country's rapid urbanization on land availability.
 
There are also signs of a gradual shift in the government's priorities as previous concerns over self-sufficiency are weighed against the possible benefits of market liberalization. Any change in policy could have far-reaching effects on commodities markets not just in China but across the world.
 
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Main Content of Crop Farming China E-News 202204

Price of this issue :
USD 100

Published on 27th April, 2022

Published on 27th April, 2022

In 2021, major export destinations of China's atrazine products were Brazil, the US, Argentine and India. China exported 18,929.24 tonnes (actual volume) or 18,268.56 tonnes (converted to 100% AI) to Brazil, which accounts for 27.71% (based on actual volume) of China's total atrazine export to major destinations, up 1.06 percentage points from that in 2020.

Published on 27th April, 2022

As part of efforts to ensure safety production in the transportation industry, great attention has been given to investigating and taking stern actions against illegal activities and minimising the occurrence of accidents of various kinds, according to the Action Plan of the Year of Enhancing Safety Production in the Transportation Industry (the Plan) issued by the Ministry of Transport of the People's Republic of China on 8 April.

Published on 27th April, 2022

In April, a video conference on major wheat diseases and pests in mid and late growing period & the occurrence forecast of fall armyworm in 2022 was held by the NATESC. It is expected that fall armyworm occurs moderately on 0.67 million ha (10 million mu) in this spring and fall armyworm will vigorously migrate north from late April.

Published on 27th April, 2022

On 7 April, MIIT and other five departments jointly released the Opinions on Promoting High-Quality Development of Petrochemical and Chemical Industries in the 14th Five-Year Period (2021–2025). The Opinions specifies major development targets for petrochemical and chemical industries, calling for adjustment to industrial structure and green & low-carbon development. Notably, it requires the above-scale petrochemical and chemical enterprises' R&D expenditure should account for at least 1.5% of their total revenue by 2025.

Published on 27th April, 2022

On 20 April, Limin Group Co., Ltd. (Limin Group) announced that the "12,000 t/a fosetyl-aluminium TC technology transformation project" (the Project) of Limin Chemical Co., Ltd. (Limin Chemical) , the wholly-owned subsidiary of Limin Group, has ran into trial production, shortly after the construction of its main facilities, installation and testing of equipment and plans of trial production passing the experts review.

Published on 27th April, 2022

Published on 27th April, 2022

On 31 March, Anhui Jiuyi announced that the company planned to jointly sign the Investment Cooperation Agreement concerning constructing the production lines for 5,000t/a prothioconazole TC, a new broad-spectrum fungicide, with the Hefei Circular Economy Demonstration Park Management Committee.

Published on 27th April, 2022

On 7 April 2022, Jiangsu Fengshan reported an over 50% YoY decrease in net profit attributable to equity holders of the listed company in 2021. Plummeting net profit was the result of increasing cost of sales due to the Dual Control policy on energy consumption and energy intensity, as well as jumping raw material price. The company plans to cut down chlorpyrifos output, seeing fierce competition and smaller profit margin.

Published on 27th April, 2022

On 8 April, Nanjing Red Sun released its preliminary earnings estimate for the year 2021, which says the company suffered a net loss of USD586.68 million (RMB3,725.99 million). Previously on 4 March, Zhejiang Xinnong disclosed its preliminary earnings estimate for the year 2021, reporting a total revenue of USD183.09 million (RMB1,162.77 million), down 2.59% YoY.

Published on 27th April, 2022

Early April, prices of most herbicides TC tended to stabilise. As compared to last month, sulfonylurea herbicides TC saw small price drop, amide herbicides TC experienced some fluctuations, while organophosphorus herbicides TC suffered continuous price fall.

Published on 27th April, 2022

Flagchem's 2021 annual report says the company achieved USD33.64 million (RMB213.61 million) net profit attributable to equity holders of the listed company this year, registering 8.88% YoY growth. It holds some 60% market share of fluroxypyr technical.

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