Analysts Bully On Agrochemicals

Matt Hopkins Posted by Matt Hopkins|6 January 2009

Prosperity in India and China is creating more demand for higher-quality food, and many rural growers in Asia are benefitting. Growers, in turn, are modernizing their operations and investing in more crop protection products.

Despite a global downturn, equity brokers expect this trend to continue, according to a report by The Economic Times.

Analysts expect 4% growth in 2009. Stock prices of many agrochemical companies have begun to rise on the news that agriculture is expected to grow. Higher commodity prices for cereals also contribute the liklihood that growers will be more inclined to invest in more crop protection. Read the entire story at The Economic Times Web site.