On 31 March, 2015, Jiangsu Changqing Agrochemical Co., Ltd. (Jiangsu Changqing) released the 2014 full-year financial report. Particularly:
l Revenue: USD294.1 million, up by 15.3% YoY
l Net profit: USD38.1 million, up by 21.6% YoY
According to Think Real’s analysis, China exported 63,426 tonnes of glyphosate in total in Jan. 2015, up 9.0% compared with Dec. 2014. This batch of goods is worth USD187.7 million, 7.9% higher than the amount in the previous month.
On 31 March, 2015, Shenzhen Noposion Agrochemicals Co., Ltd. (Shenzhen Noposion, the largest producer of pesticide formulations in China) launched public test of its wholly owned e-commercial agrochemical trading platform (njw88.com). It’s reported that the platform is highly popular among users; the transaction value reached around USD24.5 million within just 17 hours in the test.
According to China Customs, in Jan. 205, China imported 385,400 tonnes of edible sugar, up by 33.5% year on year. Due to the slight decrease in the international sugar price, in this month, the average import price of edible sugar was USD382/t while it was USD401/t in Dec. 2014.
On 3 April, 2015, the National Agro-Tech Extension and Service Center (NATESC) made a forecast on the occurrence of pests and diseases. Accordingly, due to the relatively high temperature and more rainfalls since March, the wheat planting areas in Southwest China and Changjiang River basin have entered an epidemic of wheat stripe rust, while in North China it has showed up in succession.
On 21 March, 2015, Bayer CropScience Co., Ltd. (Bayer) held a 2015 new product release conference in Beijing, which was attended by two senior agro-technicians from the National Agro-Tech Extension and Service Center (NATESC), Zhang Shuai and Li Yongping, the Asia-Pacific Region CEO of Bayer, Dr. Sascha Israel, General Manager of the Great China Division of Bayer, He Yuanbo and Bayer’s partners, totaled around 240 people.
In early 2015, "potato as staple food" had become a hot topic in the Industry in China. Following the guidance of national policies, the Commission for the Safe Use of Pesticides, CCPIA and Tengzhou Haolinong potato farming cooperatives together held a seminar on complete solution to potato nutrition in Tengzhou City,
Hubei Sanonda Co., Ltd. (Hubei Sanonda) released its 2014 annual report recently. Accordingly, the company’s 2014 revenue grew slightly by 1.7% year on year to USD509.0 million, which already reached its planned sales target for the year. Meanwhile, its net profit during the period increased by a large 53.3% year on year, to USD79.9 million.
Recently, chairman and general manager Sino-agri General Chemical Industry Co., Ltd. (Sino-agri General) Li Zhiyong met a group of visitors led by Nadia NUCLAIR, manager of R&D Department for Bio-material in Limagrain Cereal Ingredient (LCI) of Limagrain.
Follow Think Real