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Pesticide Industry Investment Slide Further

China Agriculture Report By CnAgri2013-06-18 11:31:40China Agriculture Report Print In the first 3 months of 2013, industry investment hit 6.3b Yuan, up 12.9%, including 4.35b Yuan in chemical pesticide industry, up 39.5%, and 1.94b Yuan in bio-pesticide industry, down 20.9%. This shows a substantial differentiation in investment, further sharpened over the first 2 months. In the first 3 months of 2013, the proportion of bio-pesticide investment was 30.8%, down 13.2% over same time last year, very rare in recent years.
Average investment amount per project was 30.59m Yuan, up 16.7%, it was 31.12m Yuan in chemical pesticide, up 29.5% over last year and 29.94m Yuan in bio-pesticide, down 0.6% over last year. Both the total investment amount and average project investment declined in bio-pesticide, which means that the long-term low profit rate has had negative effect for bio-pesticide investment.
So far as the end of March, there were 206 projects under construction, down by 3.3%, including 72 newly started projects, almost unchanged, 31 has just finished construction, down by 13.9% over last year. For bio-pesticide, the number of projects under construction, newly started and newly completely all saw a substantial decline.

From “China Pesticide Market Monthly Report
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