Posted by
Limin Chemical on Friday, May 08, 2009 3:33:58 AM
According
to
China Petroleum and Chemical Industry Association analysis revealed
that this year, the financial crisis on the a
gricultural chemical
industry has also deepened the economic downward pressure on the
industry is still relatively large. However, the monthly trend, the
sector of economic operations in a number of positive changes, and some
agricultural products to stabilize prices bottomed.
There
are indications that although there are some product prices bottomed
out, but the overall trend continues to fall has not changed, the
second quarter of the market turmoil may continue and there can hardly
be a greater improvement. The first quarter, exports of
agro-chemical
industry to further deterioration of the situation, fertilizer export
delivery value of 25.5 percent year-on-year decline; 26.5 percent drop
in pesticides. Production in March from the analysis, the rate of
phosphate fertilizer industry is still insufficient to start
installation, about 67% of excess production capacity the more
prominent issues, structural adjustment pressure.