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MAI Q1 sales rise 8%

Makhteshim-Agan Industries (MAI) posted an 8.1% rise in agrochemical sales to $734 million in the first quarter of 2011 compared with last year. The growth came from higher volumes, and the addition of businesses it acquired last year in Korea and Mexico ( Agrow No 603, p 3). The company also lifted prices moderately on the back of a “stabilising” trend in prices from the fourth quarter of 2010 onwards.



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