China's insecticide market slows in "peak season"
China’s insecticide market is suffering a continued slump, which has persisted through the country’s traditional “peak season” of insecticide usage in June and July, reports the China Crop Protection Industry Association (CCPIA). As of July this year, prices have fallen for the majority of insecticide products compared with the same period last year. The CCPIA attributes this to adverse weather conditions reducing insecticide usage and creating over-supply in the market. Sales of many mainstream insecticides, such as trichlorfon, dichlorvos, acephate, indoxacarb and carbofuran, have fallen so far this year. The CCPIA had previously expected to see strong demand for insecticide products this year (Agrow No 682, p 25).