Chinese eight-month agchem output up
A total of 826 companies were engaged in the manufacture of pesticides in China during August this year, creating gross industrial output for the month of Yuan 11.1 million ($1.7 million at the current rate), reports the Chinese industry newswire, China Chemical Industry News. The cumulative industrial output for the eight months of the year was Yuan 97.1 million ($14.6 million), up 20.8% on the same period last year. However, sales of “new products” in that period totalled Yuan 7.8 million ($1.2 million), down 12.6% on last year. Exports for August were valued at Yuan 1.2 million ($186,033), with the cumulative figure for the eight months to the end of August up 5.4% to Yuan 14.2 million ($2.1 million).