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According to statistics by Think Real, in Aug. 2015, China exported 39,172 tonnes of glyphosate, down by 18.7% over July; the export value reached USD97.3 million, decreasing by 18.9% month on month. This was the fourth consecutive month for the export of the products to slip.
On 9 Dec., 2015, a plant in Jilin Lvsheng Pesticide Chemical Co., Ltd. (Lvsheng Pesticide) had a fire accident. As roughly estimated, 4 people were hurt. Currently, the investigation about the cause of the fire is going on.
On 20 November, 2015, Shaanxi Meibang Co., Ltd. (Shaanxi Meibang, a pesticide formulations producer in China) host a meeting for key clients in Hefei City, Anhui Province. In total, 200+ clients around the country were present in the meeting.
On 20 November, 2015, Jiangsu Sevencontinent Green Chemical Co., Ltd. (Sevencontinent, a Chinese pesticide technical producer, business mainly spanning triazole fungicides) invited 220+ distributors and partners held a forum namely Qizhou Jing Tiandi (in Chinese phonetic alphabets, meaning that Sevencontinent is to surprise the world). During this, Sevencontinent released a new herbicide, Qizhou Jing Tiandi (200 g/L glufosinate-ammonium AS) and announced to successively launch a series of new products such as 240 g/L spirodiclofen SC, 240 g/L clethodim EC and 12.5% flutriafol SC in 2016.
In Nov. 2015, Ningxia Soochow Agriculture Co., Ltd. (Soochow Agriculture) was successfully listed on the National Equities Exchange and Quotations (NEEQ).
On 2 Nov., 2015, the Ministry of Agriculture of China published the Guidance Opinions on Corn Structure Adjustment in the Liandaowan Region, according to which the planting area of corn in the Liandaowan Region shall be stabilized at 6.7 million ha in 2020, decreasing by 3.3 million ha over the present (corn output shall decline by 21 million tonnes); focus shall be laid on the development of forage corn, soybean, high-quality forage grass, coarse cereals and beans, spring wheat, economic forest and fruits as well as plants with ecological function.
On 1 Dec., 2015, the agricultural Internet finance platform invested by Shenzhen Noposion Agrochemicals Co., Ltd. (Noposion), www.ntjrchina.com (ntjrchina), was officially launched. As an Internet finance platform focusing on the agricultural field, ntjrchina is committed to providing capital support for parties on the industry chain in relation to farmers, rural areas and agriculture through integrating social capital. It is another brand enterprise forged by Noposion for the deep-tillage agricultural market after www.ttq.com (TianTianQuan) and www.njw88.com.
Affected by the oversupply, the domestic lysine price has been dropping since Sept., from USD1,472/t to USD1,258/t in Nov.
During 25-30 Oct., 2015, the King and Queen of the Netherlands visited China. During the national banquet, Shaanxi Jinzhong Changxin Agricultural Technology Co., Ltd. (Jinzhong Changxin) signed a contract with Creo and Thomas from the Netherlands about production equipment of 10,000t/a potato powder and 40,000t/a potato chips, which was valued at EUR12 million.