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    Home > Agriculture News > Pesticide News > The end of the two-year downturn, the overall improvement of the pesticide industry

    The end of the two-year downturn, the overall improvement of the pesticide industry

    • Last Update: 2022-03-02
    • Source: Internet
    • Author: User
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    After two years of downturn, the pesticide market has gradually recovered
    .
    Among the 12 pesticide companies, 10 companies have achieved a good start, namely Huifeng, Dabeinong, Lier Chemical, Red Sun, Sanonda, Guoguang, Yangnong Chemical, Evergreen, Xingfa Group, Zhongqi shares
    .
    It is understood that starting from the second half of 2014, the pesticide industry has entered a downturn.
    Overcapacity and difficulty in destocking are common dilemmas faced by most companies, and demand in the agrochemical industry is sluggish
    .
    However, with the decline in terminal inventories, overseas market recovery and supply and side reforms and other policy controls, the domestic pesticide market gradually recovered in the second half of 2016, orders increased, demand growth resumed, coupled with increasingly stringent environmental protection According to supervision, the price of technical materials has been rising, which is particularly evident in the net profit data reported by various pesticide companies in the first quarter of 2017
    .
    Red Sun disclosed that the company's main products VB3, pyridine, 3-methylpyridine, 3-cyanopyridine, paraquat, diquat, paraquat gum, chlorpyrifos, etc.
    were booming in production and sales from January to March 2017, and prices were tight.
    Yang, the overall performance has risen, and the net profit is expected to be 128-157 million yuan, an increase of 357.
    89%-460.
    92% over the same period last year
    .
    Sanonda said that the sales and selling prices of the company's leading products from January to March increased year-on-year.
    Under this circumstance, Sanonda is expected to achieve a profit of 0.
    55-0.
    6 billion yuan in the first quarter, a year-on-year increase of 585.
    79%-648.
    13%
    .
    In addition to many companies that are expected to increase their performance, a small number of companies expect their performance to decline
    .
    Among them, Lianhua Technology expects that the net profit from January to June 2017 will decline to a certain extent compared with the same period last year, but Lianhua Technology also stated that the decline in performance is mainly due to the non-recurring gains and losses of nearly 56 million yuan included in the 2016 net profit.
    Therefore, in fact, with the rebound of the global pesticide market and the arrival of the customer replenishment cycle, the main business in the first half of 2017 has improved compared with the same period last year.
    It is expected that the net profit after deducting non-recurring gains and losses will change by 0%-30%
    .
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