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MAI agchem sales up 7% in Q2

Makhteshim-Agan Industries’ (MAI) second-quarter agrochemical sales rose by 6.5% to $554.4 million compared with the same period last year. Most of the increase in sales came from the Asia Pacific and Africa region. Higher volumes of overall sales were partly offset by lower prices for crop protection products and the fall in the value of the euro against the dollar compared with the second quarter of 2009. Crop protection products accounted for 92.3% of MAI sales, marginally lower than their share in last year’s corresponding period.

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