Syngenta cuts Swiss agrochemical prices
Syngenta has dropped its prices for a large number of agrochemicals by 20% in Switzerland. The decision takes immediate effect and follows a local government price watchdog's study of, and concerns over, Syngenta's price levels. Agrochemical prices were found to be "generally too high", according to the Ministry of Agriculture's price regulator. This "considerably" increases Swiss farmers' costs, it says. Syngenta confirms that its product prices in Switzerland have been higher than elsewhere. However, this is due to the Swiss landscape and nature of agriculture, it maintains.