Growth of Chinese Exports to India to Slow Down: A Possible Result of Revised Agrochemical Regulation?
Each year, India imports close to USD 925m in agrochemical technicals, intermediaries, and finished products—of which around 55% comes from China. Of the total imports from China, the proportion of finished products has been steadily rising. Imports from the country grew at a CAGR of 6% from 2007 to 2017. And this growth was expected to continue, given the lower production cost advantage Chinese producers had. However, new agrochemical regulation proposals by the Indian government have now put a halt to any further increases.Read more
An important objective of China’s agricultural policy is to maintain self-sufficiency in key food crops by increasing productivity sustainably. The improvement in productivity needs to be underpinned by better genetics and improved farming practices in its main crops: rice, wheat, and corn. It will most likely take the direction European agriculture has taken. This means using a broad portfolio of products and technologies that increase yield with an ever smaller environmental footprint and a ban on GM.Read more
A new edition of the Rabobank Field Crop Margin Outlook with a forecast of field...