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Analysis of Listed Pesticide Companies in China in H1 2019 Executive summary
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Analysis of Listed Pesticide Companies in China in H1 2019 Executive summary
Report edition:
2019
edition(
2
)
Finished time:
Oct. 2019
Document type:
PDF
Language version:
Published by CCM
Price:
USD
74
All the prices on this website exclude VAT.
Introduction
Executive summary
Description:
In H1 2019, the market competition of
agrochemical
industry in the globe became fiercer under the influence of complicated and changeable political and economic situation at home and abroad, and the continuous safety and
environmental protection
supervision. In particular, the complex situation of foreign trade, increased market pressure, climate anomaly, large exchange rate fluctuations in emerging markets and low futures price indices of major
crops
had led to a year-on-year decline in the prices of some major products. The overall prices of agricultural produce in China in this period stayed at low level, and farmers' enthusiasm was lessened. So the market of pesticide formulations continued to be sluggish. On the other hand, as the national environmental protection supervision towards chemical industry brought high pressures constantly, many chemical parks had been shut down, and it was normal that production of chemical enterprises got restricted or suspended. Supply of APIs and intermediates remained tight, and the conflict between supply and demand in the pesticide market was still prominent. In general, domestic demand for pesticides in H1 2019 had rebounded. Prices of products and their sales volume had risen. Performance of most enterprises had improved. However, affected by environmental protection clean-up, production restriction and suspension and the shortage of some pesticide intermediates, performance of some enterprises got worse. In this report, CCM will do analysis 26 major listed pesticide companies in China in H1 2019 from the following aspects: √ Revenue √ Net profit √ Net cash flow √ Total assets √ Pesticide business
revenue
(gross profit margin provided) √ R&D expenses
Executive summary:
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