China agrochemical industry weekly(0105)

 The overall pass rate of agricultural products in China is 97.8%

Since 2023, the Ministry of Agriculture and Rural Affairs has steadily promoted the quality and safety supervision of agricultural products, and firmly held the bottom line of quality and safety in order to comprehensively promote rural revitalization and accelerate the modernization of agriculture and rural areas. The overall pass rate of agricultural product monitoring throughout the year was 97.8 percent.

Sipcam Nichino launches new products of Buprofezin and Fenpyroximate for the control of citrus psyllid

Sipcam Nichino in Brazil recently revealed that it has introduced a new insecticide Fiera (Buprofezin) to the Brazilian market as a strategic product of the company's innovative program to combat citrus psyllid.

Aarti Industries has signed a $361 million, 9-year supply contract with a multinational company for pesticide intermediates

Aarti Industries Limited (AIL), an Indian specialty chemical company, today announced that it has entered into a nine-year long-term supply contract with a global pesticide products and solutions company. The contract provides Aarti Industries with a revenue potential of about Rs 300 crore (about $361 million) over nine years, with contract supply starting from the current fiscal year.

Embrapa has developed a new pesticide that uses Amazon soil fungi to fight fruit flies

The Brazilian National Agricultural Research Corporation (Embrapa) has developed a new microbial insecticide using Metarhizium anisopliae, a bacterium extracted from soils in the Amazon region. According to the researchers, the biocide can be used to control a variety of fruit flies, such as Bactrocera carambolae.

Sino-Agri: The future trend of biostimulant market is in three aspects: integration with plant protection, soil improvement, and stimulating crop potential

According to different sources, biostimulants can be divided into humic acid, amino acids, small molecular peptides, oligopolysaccharides, Trehalose, chitosan, molasses fermentation, soil beneficial microorganisms and their metabolites, alkaloids (betaine), etc. 

Lavoro: Inventories will normalize in the first quarter of 2024 and annual revenue growth is expected to be 28%

Recently, the CEO of Lavoro Brazil said that the Brazilian agrochemical input distribution market is returning to normal, and the supplier's fertilizer and agrochemical prices have stabilized or rebounded. Lavoro's net revenue in 2023-24 increased by 24% to $1.8 billion. However, orders suggest margins will start to improve in the coming months, with revenue expected to grow 28 percent in 2024.

The European Union plans not to renew the approval of Dimethomorph

Recently, the European Union issued a draft regulation on the non-renewal of the approval of the active substance Dimethomorph. The Regulation does not renew the approval of the active substance Dimethomorph under (EC) No 1107/2009. 

The rapid development of OD formulations in China, more than 1659 registered, herbicides accounted for 95.6%

With the improvement of people's living standards, environmental sustainable development has become the policy orientation of the country, and the development of pesticide in the direction of green environmental protection is the general trend. OD has become a hot spot in the development of conventional formulations, with the increase of enterprise registration varieties, but also attracted a large amount of investment and more attention of auxiliary enterprises, will promote the rapid development of the formulation.

Nufarm is exclusively licensed by IBI-Ag to collaborate on the commercial development of several new biological insecticides

Nufarm and IBI-Ag announced a collaboration in which Nufarm received an exclusive license to further develop several specific biocide candidates discovered by IBI-Ag, with the option to exclusively commercialize them.

The EU officially decided that S-metolachlor is officially banned!

On January 3, 2024, the European Commission (EC) issued a formal decision: based on the EU Plant Protection Products PPP (REGULATION (EC) No 1107/2009), the active substance S-metolachlor is no longer approved for the EU register of plant protection products. The draft resolution was issued by the EU to the WTO in May 2023, and this formal resolution is largely in line with the previous draft.