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China’s eight-month agchem manufacturing up 19%

China's agrochemical industry witnessed an 18.5% increase in revenues to Yuan 180,610 million ($29,378 million at the current rate) in the first eight months of 2013 compared with the same period last year, according to figures from the country’s National Bureau of Statistics and reported by the China Crop Protection Industry Association (CCPIA). Industry-wide profits increased by 40.5% to Yuan 12,590 million ($2,048 million). The data were compiled from 829 agrochemical companies, split between 699 chemical pesticide manufacturers and 130 producers of biopesticides and microbial pesticides.

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