Chinese Q3 exports down on higher volumes
China’s agrochemical exports suffered in value terms during the third quarter of 2009, falling by 34.4% to $310 million, compared with the same period last year. Volumes increased by 7.5% to 111,000 tonnes. The data were published by the Chinese Customs Department in the national newspaper, the AgriGoods Herald. The average export price during the period was $2,831/tonne. Imports for the period increased in volume and value terms to 8,339 tonnes (+7.2%) and $66.3 million (+10.9%) respectively. Second-quarter exports were valued at $400 million, down 38.8% ( Agrow No 574, p 25).