Brazil analyses expanding agchem market
The Brazilian agrochemical market is expected to grow by 25% to reach R$12,000 million ($6,800 million) this year, according to the Brazilian agrochemical industry trade association, the Sindag. The figures were among those that the Brazilian agrochemical industry association, the ANDEF, presented this month at the Brazilian rural marketing association, the ABMR. The industry association assessed the sector’s prospects against a background of booming agriculture and a global financial crisis. Sales in the first eight months were up by 36% ( Agrow No 553, p 17).