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China's agchem profits fall for first time in six years

China’s agrochemical industry saw profitability fall for the first time in six years during 2014, dropping 1.2% on the previous year to Yuan 22,592 million ($3,620 million at the current rate). The data, recorded from 843 companies “of a certain scale”, were collated by the National Bureau of Statistics, and reported by the China Crop Protection Industry Association. The country’s agrochemical companies saw a 6% rise in profitability in the first six months of 2014.



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