Pesticide Industry Investment Over 22b Yuan

By CnAgri2012-12-06 10:58:42 Print In the first 9 months of 2012, industry investment hit 26.05b Yuan, up 22.6%, including 15.59b Yuan in chemical pesticide industry, up 28.1%, and 10.46b Yuan in bio-pesticide industry, up 15.2%. On the other hand, unit investment continued to go up substantially, average investment per project was 58.54m Yuan, up 31.4%. While it was 56.50m Yuan in chemical pesticide, up 43.4% and 61.69m Yuan in bio-pesticide, up 14.5% over last year.
 
In the first 9 months of 2012, finished industry investment accounted for 43.1% of total planned investment, higher than the level of 42.9% last year. And the proportion of bio-pesticide went down to 40.1% from 42.7% last year.
 
So far as the end of September, there were 445 projects under construction, down by 6.7%, including 282 newly started projects, down by 5.4%, and 193 has finished construction, down by 9.0% over last year.



From “China Pesticide Market Weekly Report”