As a broad spectrum, high efficiency, low-residue, and moderate toxic insecticide, Chlorpyrifos is regarded as a new shining star, which is supposed to have great market potential and capable to take advantage of high-toxic products forbidden policy by Chinese government.
Benefit from the consistent investment from both government and private investors, a number of manufacturers expand their production capacity. ShanDong TianCheng Pesticides Co., Ltd services as a convincing example, which expanded its capacity from 10,000 metric tons per year to 15,000. ZheJang Xinnong Chemical Co., ltd followed up tightly, which doubled from 5,000 metric tons to 10,000. It’s estimated that our total capacity has reached 100,000 metric tons, while the domestic market only call for 18,000 metric tons. That is to say more than 80% are planned to being exported to foreign countries.
Nevertheless, the economy has not fully recovered yet, the exports are still far from being satisfactory. On the contrary, the investment and repeated construction is ever-increasing, just like what happened to Glyphsate. Even most investors insist that all those pay will result in huge return as long as the markets get rid of this destructive crisis, from our point of view, Chlopyrifos does not bring much change in most of those big pesticide consumers, like Europe, U.S.A, south-east Asia, including India. And due to the new restrictions on application range and harsh registration policy, the potential risks should not be ignored.
From: http://www.nongyao.jinnong.cn/news/2009/11/10/200911101621561624.shtml
By Cherry |