Before Europe and the United States scientists have not concluded that GM technology is safe, Chinese scientists in such a short period have received two security approvals for GM rice and one security approval for GM corn. This is the first time Ministry of Agriculture issued security certificates for GM rice, marked the history in China. However, the debates aroused as many has questioned the safety issues when it relates to the staple of Chinese people.

At the same time when the world is seeing China embraces GM technology, Brazil narrowly surpassed Argentina as the second largest grower of genetically modified crops after the US in 2009. That was due to a 35.4% increase in GM crop plantings in Brazil to 21.4 million ha. Despite EU’s agaisnt GM seeds policy, Monsanto now has strategically planned their market penetration into larger markets.

Whether or not GMO will be widely accepted in most countries in the future, one thing we are sure now is that in long term our pesticide market will always be influenced by the GMO development.

News ref: http://news.sciencenet.cn/htmlnews/2010/2/228009.shtm

By Lynn

The European Commission announced at 13th February 2010 that all the antidumping measures used to the Glyphosate from China are paused until one year later. The related HS codes are 29310095 and 38083027.

Since October 1995, the establishment of antidumping investigation to the Glyphosate from China, the European Commission had certainly final determination at February 1998 to carry on all the measures to limit the import. And they reexamined at February 2003, came out the same result. But five years later, they abolished the anti-dumping duty to Glyphosate and lasted 9 months.

Due to the attitude from the European Commission this year, we believe Glyphosate will be sold well in 2010 especially on export.

By Jane

China cold spring restrains the intensity of insect pest; the domestic pesticide consumption decreased as a result. Meanwhile, the international market has not fully recovered from Economic crisis. According to custom statistic, China pesticide export did appear larger decline at the end of 2009.

Hitting by the big slump in global market, many enterprises start to sell internally instead of export. “Price war” becomes increasingly fierce in domestic market. Those downstream formulation plants reduce great part of stock. Things become even worse at the third quarter. The price level didn’t go up as higher as the raw materials, including most intermediates, the overall profit margin shows decline once again.

Look at the data, pesticide industry slowly increased by 4% compared to the year before. Annual profit drop down by 27.8%; average price of pesticide imports during the whole year increased by 14%, meanwhile the average price of exports decreased by 33%. The price diving of Glyphosate and the excess production capacity cause big problem in the industry, thus, no wonder that profit fluctuated greatly in 2009.

The industrial adjustment seems inevitably. Chinese government now seeks for public opinion on restructuring. Medium-sized and small enterprises with inadequate environmental inputs would be discarded from the market. Industry concentration expected to increase.  

From http://www.chinapesticide.gov.cn/doc10/10022006.html

By Cherry