Pesticide Investment in 1st Quarter in China

By CnAgri2012-06-28 11:21:01 Print

In 1st Quarter of 2012, pesticide investment went up fast, however the amount of investment project remained unchanged, reflecting higher investment amount per unit. Besides, the proportion of bio-pesticide also saw a further increase.

In the first 3 months of 2012, industry investment hit 5.58b Yuan, up 37.8%, accounting for 14% of total planned investment, almost the same as last year. This includes 2.46b Yuan in bio-pesticide industry, up 63.2%, which accounts for 44.0% of total investment, up 6.9% over last year. While it was 3.12b Yuan in chemical pesticide industry, up 22.7%, and its proportion went down to 56.0%.

So far as the end of March, there were 213 projects under construction, up by 0.9%, including 72 newly started projects, down by 2, and 36 finished construction, almost unchanged over last year.

From "China Pesticide Market Monthly Report"